Acolin, Arthur. (2020). Housing Wealth and Consumption over the 2001-2013 Period: The Role of the Collateral Channel. Journal Of Housing Research, 29(1), 68 – 88.
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Abstract
This study estimates changes in the relationship between housing wealth and consumption among homeowners during the recent housing boom and bust in the United States, focusing on the period 2001-2007, during which house prices increased and financial innovations led to an increased availability of products enabling households to extract home equity; and on the period 2007-2013, during which house prices declined and home equity withdrawal products became largely unavailable. The estimated elasticity of consumption with regard to housing wealth increased in 2004 and 2007 (.06) relative to 2001 (.04). The estimated elasticities then decreased in 2010 and 2013 (to below .04). In addition, the increase was larger among borrowing constrained households than unconstrained households. No relationship between housing prices and consumption was found among renters. These additional tests for subpopulations support the hypothesis that the increase in consumption out of housing wealth occurred through the collateral channel.
Keywords
Consumption (economics); Wealth; Product Elimination; Equity (real Property); Home Prices; Home Ownership; United States; Collateral Channel; Credit And Consumption; Housing Wealth Effects; Housing; Housing Costs; Estimates; Prices; Households; Consumption; Equity; Borrowing; Hypotheses; Innovations; Elasticity Of Demand; Propensity To Consume; Housing Prices; Lines Of Credit; Mortgages; Subpopulations; Collateral; United States--us
Pedersen, Katherine M.; Busch Isaksen, Tania M.; Baker, Marissa G.; Seixas, Noah; Errett, Nicole A. (2021). Climate Change Impacts and Workforce Development Needs in Federal Region X: A Qualitative Study of Occupational Health and Safety Professionals’ Perceptions. International Journal Of Environmental Research And Public Health, 18(4).
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Abstract
Climate change is considered one of the top health threats in the United States. This research sought to (1) to understand the perceptions of occupational health and safety (OHS) professionals regarding the impacts of climate-related hazards on OHS in Region X, and (2) to explore the ideas of these OHS professionals regarding the content of future training programs that would better prepare OHS professionals to identify and mitigate climate-related hazards in Region X. Key informant (KI) interviews with 17 OHS professionals familiar with the climate-related hazards and impacts to OHS in Region X were coded and thematically analyzed. Climate hazards, social and economic impacts from climate-related hazards, and sector-specific worker and workplace impacts from climate-related hazards were described as having interacting relationships that influenced worker health and safety impacts. KIs further described how workplace controls could be used to mitigate OHS impacts of climate-related hazards, and how training of the OHS workforce could influence the ability to successfully implement such controls. Our findings suggest that OHS impacts are sector-specific, influenced by social and economic factors, and can be mitigated through workplace controls designed and implemented by a trained OHS workforce. The findings from this work should inform future educational and training programming and additional research and translation activities in the region, while our approach can inform other regions as they develop regionally specific OHS climate change training and programming.
Keywords
Heat-related Illness; Workers; Stress; Occupational Health And Safety; Climate Change; Climate-related Hazards; Pacific Northwest; Education; Training; Key Informant Interviews
Though Transit Equity Day is just one day, the issue of equity on Seattle’s public transit is an ongoing and important conversation to Seattle and King County residents. Neighborhoods across the county have unequal access to transit lines; bus stops are often located in inconvenient or dangerous places due to oncoming traffic and lack of sidewalks; and bus schedules are irregular or sparse, with long wait times. These are just a few of the challenges folks might experience before getting…
Congratulations to Assistant Professor of Real Estate and CSDE Affiliate Arthur Acolin for being awarded a $10,000 Tier 2 seed grant for his project, “Accessory Dwelling Units as Potential Source of Affordable Housing Across Generations”. This grant is part of CSDE’s quarterly call for seed grant applications and is intended to help faculty initiate new research endeavors that have high relevance to population science and a strong chance of building towards extramural funding. Acolin will be conducting a joint project…
College is a time of exploration and discovery for all students. It is a time that often shapes how we view the world. Going through this transition during a moment of turbulence in the world can shape that experience significantly, which is exactly what happened for Assistant Professor of Real Estate, Arthur Acolin. As an undergraduate, international student in the US in 2008, the housing bubble and subsequent recession shaped Acolin’s future as a researcher and professor. “The subprime crisis…
The Pacific Northwest Transportation Consortium (PacTrans) announced in January 2021 the project proposals selected for funding. Qing Shen, Professor of Urban Design and Planning and Chair of the Interdisciplinary PhD Program in Urban Design and Planning is among those selected for project funding. Shen is working alongside Co-Principal Investigator Catherine (Casey) Gifford–Innovative Mobility Senior Planner–on the applied research project titled “Supplementing fixed-route transit with dynamic shared mobility services: a marginal cost comparison approach”. The project goal is to address a…
Climate change, smart cities, urban economics and the interaction between human behavior and built environment
Research interests: Infrastructure Economics and Planning, Energy Infrastructure, and Urban Economics
The Urban Design & Planning Interdisciplinary Ph.D. at the University of Washington is one of 39 Ph.D. programs in urban and regional planning in North America, and one of the oldest, founded in 1967.
This program brings together faculty from disciplines ranging from Architecture to Sociology to focus on the interdisciplinary study of urban problems and interventions. Covering scales from neighborhoods to metropolitan areas, the program addresses interrelationships between the physical environment, the built environment, and the social, economic, and political institutions and processes that shape urban areas. The breadth of this program permits students to pursue doctoral studies in the various aspects of urban design and planning as well as in a number of related social science, natural resource, and engineering areas.
The Program seeks to prepare scholars who can advance the state of research, practice, and education related to the built environment and its relationship to society and nature in metropolitan regions throughout the world. The program provides a strong interdisciplinary educational experience that draws on the resources of the entire University, and on the laboratory provided by the Seattle metropolitan region and the Pacific Northwest. The program emphasizes the educational values of interdisciplinarity, intellectual leadership and integrity, and the social values of equity, democracy and sustainability. It seeks to promote deeper understanding of the ways in which public decisions shape and are shaped by the urban physical, social, economic, and natural environment. The program envisions its graduates becoming leaders in the international community of researchers, practitioners and educators who focus on improving the quality of life and environment in metropolitan regions.
Harris’ research hovers around critical urban theory and investigates the political, economic, ethical, and aesthetic dimensions of the urbanization process. An erstwhile civil engineer, he writes on complex and contradictory landscapes and infrastructure, such as South Lake Union, the Elliott Bay Seawall, and the Los Angeles River, but also about grassroots urban politics in our region and he translates critical theory and fiction that relates to the built environment from French and Spanish into English. This range of research corresponds, in part, to his wide variety of teaching experiences over the last decade in all of the CBE departments (except real estate), in the School of Urban Studies at UW-Tacoma, and especially in the Comparative History of Ideas (CHID) department on our campus.