Research Areas

Applied Microeconomics, Housing/Real Estate/Urban Economics, Public Economics, Taxation

Full CV from the homepage

Peer Reviewed Publications 
Journal Articles

•  "Foreclosure Externalities and Home Liquidity" with X. Bian, R. Brastow, and B. Waller. Real Estate Economics​, Forthcoming. 
• "This Old House: Historical Restoration as a Neighborhood Amenity" with G. Turnbull, B. Waller, W. Witschey, and V. Zahirovic-Herbert, Land Economics, Vol. 95(2) 2019.
• "Who Benefits from Targeted Property Tax Relief? Evidence from Virginia Elections" with J. Moulton and B. Waller, Journal of Policy Analysis and Management, 37(2) 2018.
• "Temporally Dynamic Externalities and Real Estate Liquidity" with R. Brastow and B. Waller, Journal of Real Estate Research, 40(2) 2018.
• "The Role of Transaction Costs in Impeding Market Exchange in Real Estate," with X. Bian and B. Waller, Journal of Housing Research, 25(2) 2016.
• "How Many Listings are Too Many? Agent Listing Externalities and the Residential Housing Market," with X. Bian, G. Turnbull, and B. Waller, Journal of Housing Economics, Vol. 28 2015.
• "Estimating the Effect of Crime Risk on Property Values and Time on Market: Evidence from Megan's Law in Virginia," with B. Waller and R. Brastow, Real Estate Economics, 42(1) 2014.
• "Not in my Backyard: The Effect of Substance Abuse Treatment Centers on Property Values" with C. LaRoche and B. Waller, Journal of Sustainable Real Estate, Vol. 6 2014.
• "Political Beliefs and Tort Awards: Evidence of Rationally Political Jurors from Two Data Sets," Review of Law & Economics, 8(3) 2012.
  

Other Publications (Short Articles, Chapters, Pedagogical Articles, etc.)

• “Accounting for Land in the U.S.: Integrating Physical Land Cover, Land Use, and Monetary Valuation” with Z. Ancona, J. Boyd, K. Bagstad, J. Hass, M. Gindelsky, J. Moulton. Ecosystem Services, Forthcoming.
  • Special issue on natural capital accounting in the EU and US
• "Valuing Housing Services in the Era of Big Data: A User Cost Approach Leveraging Zillow Microdata" with M. Gindelsky and J. Moulton (Revising for 2019 NBER-CRIW Volume on Big Data for 21st Century Economic Statistics.)
• “The Natural Capital Accounting Opportunity: Let’s Really Do the Numbers,” BioScience, 68(12) 2018. With J. Boyd, K. Bagstad, J.C. Ingram, C. Shapiro, J. Adkins, F. Casey, C. Duke, P. Glynn, E. Goldman, M Grasso, J. Hass, J. Johnson, G.M. Lange, J. Matuszak, A. Miller, K. Oleson, S. Posner, C. Rhodes, F. Soulard, M. Vardon, F. Villa, and B. Voigt
• "Marketing during a Recession: An Illustration of How Economic Principles Guide Marketing Approaches," with M. Marks and A. O'Connor, Journal for Economic Educators, 14 (1) 2014.
  

Current Research (Updated August 2020)

(*Some of these may have been presented under a different title at a conference/seminar/workshop - see my CV on the home page for the list of academic presentations)

Submitted/Under Review

• "Mitigating Agency Costs in the Housing Market” with G. Turnbull and B. Waller. Revisions submitted to Management Science
• “Real Effects of Tax Uncertainty: Evidence from Firm Capital Investments” with K. Wentland and M. Jacob. Revisions requested by Management Science.
• “Integrating Physical and Economic Data into Experimental Water Accounts for the United States: Lessons and Opportunities” with K. Bagstad, Z. Ancona, J. Hass, P. Glynn, M. Vardon, and J. Fay. Revisions submitted to Ecosystems Services.
• “Why Disclose Less Information? Toward Resolving a Disclosure Puzzle in the Housing Market” with X. Bian, J. Contat, and B. Waller. Revisions requested at the Journal of Real Estate Finance and Economics (special issue).
  

Working Papers

• "Monetary Policy and the Housing Market" with J. Moulton
• “Toxic Assets: How the Housing Market Responds to Environmental Information Shocks” with N. Sanders and J. Moulton
• "District Randomization and the Problem of Political Social Cost" with P. Stone
  

Works in Progress

•  “A Hedonic House Price Index for the U.S.” with M. Gindelsky, W. Larson, J. Moulton, M. Silver  
• “Segment Reporting Trade-Offs for Financial Reporting” with M. Cobabe, B. Johnson, and K. Wentland
• “Property Tax Salience and the Housing Market: Evidence from Linked Microdata” with J. Moulton, M. Gindelsky, and K. Wentland
• “It’s the Smell: How Resolving Uncertainty about Local Disamenties Affects the Housing Market” with G. Cornwall and J. Chen
• "Do Home Values Price in Local Governance? Evidence from City-County Consolidations" with J. Moulton and L. Krasnozhon