Michael Wiebe
Economist working on housing and replication.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 27 | Founded | a year ago | Last Issue | 13 days ago |
| Active | |||||
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blog.michaelwiebe.comLatest Issues
Inclusionary zoning works in theory, but not in practice
When zoning is a constraint on housing supply, upzoning can create a windfall gain for landowners by giving them valuable development rights. In theory, local governments can capture this surplus land value by requiring the landowner to pro...
YIMBY research wanted: upzoning and land prices
Upzoning reduces housing prices by increasing the supply of high-density land, which reduces high-density land prices; this reduces land input costs and hence shifts the supply curve for housing. So to evaluate whether upzoning works, the f...
YIMBY research wanted: demand cascade
The key mechanism underlying the housing crisis is the ‘demand cascade’: upper-class people move in and bid up the price of high-end homes, which pushes middle-class locals to compete for low-end homes, which forces the poor to take on room...
Induced demand has to come from somewhere
The literature on local effects of new housing uses the framing of supply effects vs. amenity effects. A new apartment building adds housing supply, which decreases rents. But it also adds new amenities (e.g. nicer stores and cafes), which...
Can AI do replications? GPT5.2 vs GPT5.4 vs refine.ink
In my comment on Moretti (2021) (M21), I found ten problems in the paper. Since only I know what the problems are, I can test whether AI is able to do my job. Specifically, I want to test whether AI can detect the problems in the paper, usi...
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economist interested in housing and replication
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