Keaton Miller
@millersdrafts
Assistant Professor of Economics at the University of Oregon. Climber. Burner. Opinions are my own.
181 Following 153 Followers
@mattyglesias @john_morehouse7 @Brett_Garcia_ Intuition here is that traditional hospitality industry/zoning rules keep externalities of tourists away from long-term residents, so positive effects dominate. Short-term rentals distribute externalities to places where part of value of residency is "peace and quiet."
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New working paper with @john_morehouse7 and @Brett_Garcia_ on the impact of short-term rentals (Airbnb) on housing prices: https://t.co/UN72k98me3
Prev. consensus in lit. is that Airbnb drives up house prices by giving home-owners a new option. 1/7
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New WP with flexible framework for wage reductions during COVID-19. Punchline: under broad class of utility functions, optimal plans have a threshold for cutoffs and progressive post-threshold reductions. Full paper here: https://t.co/8FxZChQ7il https://t.co/OOiu2dFVJ8
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