Economics Research Seminarhttps://weatherhead.case.edu/events/2021/10/29/economics-research-seminar
Abstract: We estimate the impact of piped water and sewers on property
values in mid-19th century Chicago. The cost of sewers depends
sensitively on imperceptible variation in grade and such variations in
grade delayed water and sewer service to part of the city. This delay
provides quasi-random variation for causal estimates. We extrapolate
ATE estimates from our natural experiment to the area treated with
water and sewer service during 1874-1880 using a new estimator. Water
and sewer access increases property values by a factor of 2.5. This
exceeds costs by a factor of thirty.
Please join the Economics Department for a research seminar. This event is open to all Case Western Reserve University faculty, Ph.D. students, economic majors and minors, and those interested in economics research. Contact Teresa Kabat at email@example.com or 216.368.4110 for additional information.
||Friday, Oct. 29, 2021 from 12:30 p.m. to 1:30 p.m.
||Peter B. Lewis Building
11119 Bellflower Road
Cleveland, OH 44106-7235
||Speaker(s): Allison Shertzer, University of Pittsburgh
||Sponsored by: Economics Department
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