Loss in the Time of Cholera : Long-run Impact of a Disease Epidemic on the Urban Landscape

@inproceedings{Ambrus2015LossIT,
  title={Loss in the Time of Cholera : Long-run Impact of a Disease Epidemic on the Urban Landscape},
  author={Attila Ambrus and Erica Field and R. Gonz{\'a}lez},
  year={2015}
}
How do geographically concentrated income shocks influence the long-run spatial distribution of poverty within a city? We examine the impact on housing prices of a cholera epidemic in 19th century London in which one in seven families living in one neighborhood experienced the death of a wage earner. Ten years after the epidemic, housing prices are significantly lower just inside the catchment area of the water pump that transmitted the disease, despite being the same before the epidemic… CONTINUE READING