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DTSTART;TZID=Europe/Helsinki:20240109T121500
DTEND;TZID=Europe/Helsinki:20240109T133000
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CREATED:20240103T172555Z
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SUMMARY:Lutz Sager (Georgetown University ) - "Clean Identification? The Effects of the Clean Air Act on Air Pollution\, Exposure Disparities and House Prices"
DESCRIPTION:Applied Micro Seminar \nTime: 12:15 pm – 13:30 pm\nDate: 09th of January\nRoom : 3001 \nLutz Sager (Georgetown University )  “Clean Identification? The Effects of the Clean Air Act on Air Pollution\, Exposure Disparities and House Prices” \n  \nAbstract : We assess the US Clean Air Act standards for fine particulate matter (PM2.5). Using high-resolution data\, we find that the 2005 regulation reduced PM2.5 levels by 0.4ìg/m3 over five years\, with larger effects in more polluted areas. Standard difference-in-differences overstates these effects by a factor of three because time trends differ by baseline pollution\, a bias we overcome with three alternative approaches. We show that the regulation contributed to narrowing Urban- Rural and Black-White PM2.5 exposure disparities\, but less than difference-in-differences suggest. Pollution damages capitalized into house prices\, on the other hand\, appear larger than previously thought when leveraging regulatory variation. \n  \nOrganizers: Geoffrey Barrows\n \n
URL:https://econ.ip-paris.fr/event/lutz-sager-georgetown-university-clean-identification-the-effects-of-the-clean-air-act-on-air-pollution-exposure-disparities-and-house-prices/
CATEGORIES:Applied Seminar,Seminars
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