Testing the Relations between Real Estate Costs and Novel Measures of Human Capital Open Access
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This dissertation provides novel tests of two recent theories that relate human capital variation among and within cities to differences in the price of interior space. The tests are novel in that they rely on measures of human capital that are typically unmeasured in previous research. In particular, the application to obesity as an alternative measure of human capital is entirely new. In a separate chapter, the dissertation tests the implications of these two theories on a small subset of the labor force (medical doctors), disaggregated by specialty, and distinguished by quality of the medical school that they attended. The empirical results of both novel tests are consistent with implications of the two theories tested; that both among and within cities, differences in human capital and real estate prices are positively related.