@TechReport{iza:izadps:dp10873,
            	author={Billings, Stephen B. and Schnepel, Kevin T.},
            	title={The Value of a Healthy Home: Lead Paint Remediation and Housing Values},
            	year={2017},
	month={Jul},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={10873},
            	url={https://www.iza.org/publications/dp10873},
	abstract={The presence of lead paint significantly impairs cognitive and behavioral development, yet little is known about the value to households of avoiding this residence-specific environmental health risk. In this paper, we estimate the benefits of lead-paint remediation on housing prices. Using data on all homes that applied to a HUD-funded program in Charlotte, North Carolina, we adopt a difference-in-differences estimator that compares values among remediated properties with those for which an inspection does not identify a lead paint hazard. Results indicate large returns for public and private investment in remediation with each $1 spent on lead remediation generating $2.60 in benefits as well as a reduction in residential turnover. },
	keywords={value of environmental health risk;lead hazard remediation;lead paint exposure;urban environmental health},
            }