My Harvard Business Review Piece on Bullet Trains and Fiscal Tradeoffs
John Lennon sang “Imagine”. In this new HBR piece, I “imagine” Philadelphia home price dynamics if an Amtrak Bullet Train reduced its time cost to Penn Station to 30 minutes. Using data from China’s experience, we document empirical evidence supporting this prediction.
Matthew E. Kahn is a Professor at the UCLA Institute of the Environment, the Department of Economics, and the Department of Public Policy. He is a research associate at t…READ more