Replication data for: Estimating the Peace Dividend: The Impact of Violence on House Prices in Northern Ireland
Principal Investigator(s): View help for Principal Investigator(s) Timothy Besley; Hannes Mueller
Version: View help for Version V1
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LICENSE.txt | text/plain | 14.6 KB | 10/11/2019 01:03:PM |
Project Citation:
Besley, Timothy, and Mueller, Hannes. Replication data for: Estimating the Peace Dividend: The Impact of Violence on House Prices in Northern Ireland. Nashville, TN: American Economic Association [publisher], 2012. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112513V1
Project Description
Summary:
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This article exploits data on the pattern of violence across regions and over time to estimate the impact of the peace process in Northern Ireland on house prices. After establishing a negative correlation between killings and house prices, we estimate the parameters of a
Markov switching model with conflict and peace as latent states. We use the model to estimate the size of the peace dividend as captured in house price changes. (JEL D74, R23, R31)
Scope of Project
JEL Classification:
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D74 Conflict; Conflict Resolution; Alliances; Revolutions
R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
R31 Housing Supply and Markets
D74 Conflict; Conflict Resolution; Alliances; Revolutions
R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
R31 Housing Supply and Markets
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