| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29049 |
| 来源ID | Working Paper 29049 |
| The Damages and Distortions from Discrimination in the Rental Housing Market | |
| Peter Christensen; Christopher Timmins | |
| 发表日期 | 2021-07-19 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | By constraining an individual’s choice during a search, housing discrimination distorts sorting decisions away from true preferences and results in a ceteris paribus reduction in welfare. This study combines a large-scale field experiment with a residential sorting model to derive utility-theoretic measures of renter welfare loss associated with the constraints imposed by discrimination in the rental housing market. Results from experiments conducted in five cities show that key neighborhood amenities are associated with higher levels of discrimination. Results from the structural model indicate that discrimination imposes costs equivalent to 4.7% of annual income for renters of color, and that search behavior results in greater welfare costs for African Americans as their incomes rise. Renters of color must make substantial investments in additional search to mitigate the costs of these constraints. We find that a naïve model ignoring discrimination constraints yields significantly biased estimates of willingness to pay. |
| 主题 | Environmental and Resource Economics ; Environment ; Regional and Urban Economics ; Real Estate |
| URL | https://www.nber.org/papers/w29049 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586723 |
| 推荐引用方式 GB/T 7714 | Peter Christensen,Christopher Timmins. The Damages and Distortions from Discrimination in the Rental Housing Market. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29049.pdf（1392KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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