Border Effects in House Prices
估计了荷兰与德国边界对房价的影响，发现跨越边界后同类房屋的挂牌价下降约16%，并分析了2001年税制改革后跨境迁移增加导致的价格梯度变化。
Abstract This article estimates the effect of the Dutch–German border on house prices. We argue that the difference between house prices at the border indicates the willingness to pay to stay in a country compared to living across the border. After a change in the tax rules in 2001, migration from the Netherlands to Germany increased substantially and the gradient of Dutch house price towards the German border steepened. Combining a German and Dutch real estate dataset and using different estimation strategies, we find that asking prices of comparable housing drop by about 16% when one crosses the Dutch–German border.