within a general-equilibrium model with endogenous regulation. In the model, households choose from locations that vary … incomes. Welfare and output would be 1.4% and 2.1% higher, respectively, under the planner's allocation. Abolishing zoning …

, zoning, and subsidized insurance - in an urban economics framework that takes land scarcity into account. In a theoretical …. Flood zoning and subsidized insurance are two second-best options that are easier to implement and less technically … these second-best options, and demonstrates that total losses often remain small. Flood zoning is close to optimal when …

workers and real estate developers who face regulations. For identification, I use the 1923 Zoning Ordinance, which was the … first comprehensive ordinance in Chicago. I find that an increase of 10 percentage points in the share of residential zoning … in a block group, relative to block groups with more commercial zoning, leads to a 1.7% increase in housing prices, a 2 …

its applications in land use regulation. It considers, inter alia, transferrable development rights, exclusive leases of …