Research

Up in the air: how air pollution depresses housing prices in Paris
Co-authors: Joshua Subileau, Marguerite Urçullu
Journal: Applied Economic Letters
Date: August 29, 2025
About: This paper presents how air pollution, through particulate matter (PM10) and nitrogen dioxide (NO2) concentrations, affects housing prices in the Greater Paris. Using a novel method with wind patterns as an instrument to isolate the effect. The full-text with the Supplemental Material can be found on the Working paper below
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Working paper