Do Housing Prices Reflect Environmental Health Risks? Evidence from More than 1600 Toxic Plant Openings and Closings

A ubiquitous and largely unquestioned assumption in studies of housing markets is that there is perfect information about local amenities. This paper measures the housing market and health impacts of 1,600 openings and closings of industrial plants that emit toxic pollutants. We find that housing va...

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Bibliographic Details
Main Authors: Currie, Janet, Davis, Lucas, Greenstone, Michael, Walker, Reed
Format: Working Paper
Published: Cambridge, MA: Department of Economics, Massachusetts Institute of Technology 2013
Subjects:
Online Access:http://hdl.handle.net/1721.1/76740