Michael Wiebe
Economist working on housing and replication.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
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| Issues | 25 | Founded | a year ago | Last Issue | a month ago |
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blog.michaelwiebe.comLatest Issues
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...
Collinearity in mover event studies
How do you get an event study that looks like this? By having almost no treatment variation. This post is about an issue I came across in my comment on Moretti (2021) (M21), when trying to fix the event study. M21 uses city fixed effects, b...
What's going on with the event study in Moretti (2021)?
If you’re reading Moretti (2021) (M21) after seeing my comment, you’re probably confused by the Figure 6 event study. The idea is to test whether cluster size affects patenting, using variation in cluster size from inventors who move across...
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economist interested in housing and replication
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