• Corpus ID: 14735266

Are big cities really bad places to live? improving quality-of-life estimates across cities

@inproceedings{Albouy2008AreBC,
  title={Are big cities really bad places to live? improving quality-of-life estimates across cities},
  author={David Albouy},
  year={2008}
}
The standard revealed-preference hedonic estimate of a city's quality of life is proportional to that city's cost-of-living relative to its wage-level. Adjusting the standard hedonic model to account for federal taxes, non-housing costs, and non-labor income produces quality-of-life estimates different from the existing literature. The adjusted model produces city rankings positively correlated with those in the popular literature, and predicts how housing costs rise with wage levels… 

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