TY  - RPRT
        AU  - Vuuren, Aico van
        TI  - Is There a Diminishing Value of Urban Amenities as a Result of the COVID-19 Pandemic?
        PY  - 2022/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 15025
        UR  - https://www.iza.org/publications/dp15025
        AB  - We investigate whether the COVID-19 pandemic decreased the willingness to pay for urban amenities such as restaurants, cinemas and theaters. We do this by using a hedonic pricing model in combination with a time-gradient difference-in-difference approach. We use a data set that contains virtually all apartments for sale in the larger Stockholm area. We use a very detailed and flexible definition of density of urban amenities based on the exact location of these amenities and the walking distance from the apartments to these amenities. We find a decrease of 1.9 percent of apartments that we label as amenity rich.
        KW  - COVID-19
KW  - urban economics
KW  - amenities
        ER  -