James Cabral

Staff working papers

Immigration and US Shelter Prices: The Role of Geographical and Immigrant Heterogeneity

Staff Working Paper 2024-40 James Cabral, Walter Steingress
The arrival of immigrants increases demand for housing and puts upward pressure on shelter prices. Using instrumental variables based on the ancestry composition of residents in US counties, we estimate the causal impact of immigration on local shelter prices.
Content Type(s): Staff research, Staff working papers Research Topic(s): Housing, Inflation and prices, International topics, Regional economic developments JEL Code(s): J, J6, J61, R, R2, R23, R3, R31

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