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Climate Risk and Preferences over the Size of Government: Evidence from California Wildfires

The Review of Economics and Statistics 2025 107(3), 697-710
How does exposure to risk shape individual preferences for an expanded state? I examine this question in the context of climate change-related risk. Using variation in California wildfire activity, I show neighborhoods experiencing large fires increase support by 0.8 percentage points for ballot initiatives which expand the size of government and by 2.4 percentage points for ballot initiatives endorsed by pro-environment interest groups. The effect is stronger in Republican areas and is not driven by shifts in voter registration or turnout, suggesting the mechanism acts through changes in individual preferences rather than compositional changes in the electorate.

The Value of Piped Water and Sewers: Evidence from 19th Century Chicago

The Review of Economics and Statistics 2024
We estimate the impact of piped water and sewers on property values in late 19th century Chicago. The cost of sewer construction depends sensitively on imperceptible variation in elevation, and such variation delays water and sewer service to part of the city. This delay provides quasi-random variation for causal estimates. We extrapolate ate estimates from our natural experiment to the area treated with water and sewer service during 1874-1880 using a new estimator. Water and sewer access increases property values by a factor of about 2.8. This suggests that benefits are large relative to: the value of the value of averted mortality, many other infrastructure projects, and construction costs.