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STOCKHOLM SCHOOL
OF ECONOMICS

SITE Job Market Seminar | Effects of limited traffic zones on the rental housing market: Evidence from Milan

Join us for the SITE Job Market Seminar on January 28! We are excited to welcome Adelia Fatikhova, from Gran Sasso Science Institute, who will present her job market paper at SSE and online via Zoom. Don’t miss this opportunity to engage in insightful discussions!
Starttid: 2025-01-28 at 12:00
Sluttid: 2025-01-28 at 13:00
Tidszon: CET
Plats: SITE library, 9th floor, at SSE

Job market paper: Effects of Limited Traffic Zones on the Rental Housing Market: Evidence from Milan

By: Adelia Fatikhova, PhD in Economics, Gran Sasso Science Institute

Abstract

Traffic-calming policies have become a popular measure to improve the urban environment with respect to air quality, congestion, traffic, etc. However, such policies often have unforeseen unintended effects, underscoring the crucial significance of considering the broader impacts that could potentially undermine the equitable achievement of green policy objectives. In this paper, I focus on a recent driving policy shift, introduced in Milan, and explore its impacts on the rental housing market. By gathering daily housing data, published on Italian real estate website Immobiliare throughout 2022, and employing difference-in-difference with various fixed effects, I find that in the light of driving restriction, the proximity to the metro capitalizes in a 5%-7% price increase per squared meter. I further explore the channels, through which this capitalization occurred.

Read the full paper here >>

About the speaker

Adelia Fatikhova, PhD in Economics, Gran Sasso Science Institute.

Adelia Fatikhova is an applied economist specializing in urban and environmental economics, with a strong interest in policy evaluation. She recently earned her PhD from Gran Sasso Science Institute (Italy). During her doctoral studies, she contributed to the OECD’s work on developing a National Urban Policy framework.

Before her PhD, Adelia worked as a research fellow at Lomonosov Moscow State University and the Center for Competition Policy and Economic Regulation at RANEPA, focusing on industrial and competition economics.

Learn more about the speaker >>

Interested in attending the SITE Seminar at SSE or online via Zoom?

The link to the seminar will be distributed by invitation only. If you are interested in attending the seminar – please contact site@hhs.se. Follow the instructions below:

  • Type the subject box with “SITE seminar *INSERT SEMINAR TITLE*”
  • Indicate your affiliation and field of interest
  • Please also indicate if you want to attend in person or online

For registered applicants, a Zoom link will be provided prior to the event via email with further instructions.

 

Photo: Domanin, Shutterstock

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