What Deters Crimes?: Dealing with Arbitrary Forms of Serial Correlation and Heteroskedasticity

Crime is imposes several different cost of society.  Besides the untold human cost of changed lives and property damages, the resources used to deter crimes and enforce laws can add up to a substantial cost to society.  Understanding what factors reduce crime can channel societies resources into their most effective use in reducing crime.  This … More What Deters Crimes?: Dealing with Arbitrary Forms of Serial Correlation and Heteroskedasticity

Does a Strong Presence of College Students Affect Rental Rates?: Pooling Cross Sections Across Time

In a competitive environment, rents are determined by the intersection of supply and demand.  This post will analyze how, after controlling for average income and population in a city,  the percentage of colleges students in a city impact rental rates.  There are several ways one can think about how the relationship between college students and … More Does a Strong Presence of College Students Affect Rental Rates?: Pooling Cross Sections Across Time