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新兴居家办公经济中的一种新的空间享乐均衡?

A New Spatial Hedonic Equilibrium in the Emerging Work-from-Home Economy?
American Economic Journal: Applied Economics · 2023 · Jan K. Brueckner、Matthew E. Kahn、Gary C. Lin

中文摘要

本文从城市间和城市内两个视角研究居家办公(WFH)对住房市场的影响。我们的结果证实了理论预测:居家办公对高生产率县的房价和租金造成下行压力,这是因为疫情期间劳动者开始迁往生活成本较低的大都市区,同时并未放弃理想的工作。我们还表明,居家办公往往会使城市内房价梯度趋于平缓,削弱良好就业可达性所带来的价格溢价。(JEL J24, J31, J61, R21, R23, R31)

Abstract

This paper studies the impacts of work from home (WFH) in the housing market from both intercity and intracity perspectives. Our results confirm the theoretical prediction that WFH puts downward pressure on housing prices and rents in high-productivity counties, a result of workers starting to relocate to cheaper metro areas during the pandemic without forsaking their desirable jobs. We also show that WFH tends to flatten intracity house-price gradients, weakening the price premium associated with good job access. (JEL J24, J31, J61, R21, R23, R31)
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