Unexpected guests: The impact of internal displacement inflows on rental prices in Colombian host cities

被引:44
作者
Depetris-Chauvin, Emilio [1 ,2 ]
Santos, Rafael J. [3 ,4 ]
机构
[1] Pontificia Univ Catolica Chile, Inst Econ, Santiago, Chile
[2] Pontificia Univ Catolica Chile, Inst Ciencia Polit, Santiago, Chile
[3] Univ Los Andes, Fac Econ, Bogota, Colombia
[4] CEDE, Bogota, Colombia
关键词
Internal displaced people; Migration; Crime; Rental prices; QUASI-EXPERIMENTAL EVIDENCE; COMMUNITIES EVIDENCE; SYRIAN REFUGEES; HOUSE PRICES; IMMIGRATION; CONSEQUENCES; HUMANITARIAN; POPULATION; COUNTRIES; VIOLENCE;
D O I
10.1016/j.jdeveco.2018.05.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the causal impact of internally displaced people (IDP) inflows on rental prices in Colombian host cities. Following an instrumental variables approach we find that as IDP inflows increase, low-income rental prices increase and high-income rental prices decrease. We provide empirical evidence on two potential mechanisms for these findings: Excess demand for low-income housing puts upwards pressure on rental prices; increasing supply of high-income housing coupled with rising homicide rates put downwards pressure on rental prices.
引用
收藏
页码:289 / 309
页数:21
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