Track review

[santiagohermo]

This is an issue to track the review of the paper.

Issue	Description	Status
#250	Plan review	Completed
#252	Add zori to the repo	Completed
#261	Clarify that we use posted rents	Completed
#263	Write appendix with endogenous shares	Completed
#256	Draw borders of state, county, city in MW maps	Completed
#267	Revise intro and model to prepare for JUE	Completed
#260	Estimate effect on zori index	Completed
#264	Collect estimates of effect of MW on wage income	Completed
#268	Revise empirical strategy and empirical results	Completed
#268	Rewrite back-of-envelope calculations of effect magnitude	Completed
#268	Revise counterfactuals (with lit review of effect of MW on income)	Completed

[santiagohermo]

Per call @diegogentilepassaro @gabrieleborg

• @diegogentilepassaro finishes PR and focuses on Estimate the effect of the MW on rents using the new ZORI variable #260 (Draw borders of states, cook county, and city of chicago in maps #256 is secondary)
• @gabrieleborg tackles Collect estimates of effects of employment on wages from the literature #264
• discussion: bring back event-study in levels? focus on workplace MW? We may need to rewrite a bit, stress that the workplace MW is more than just a better measure, it also provides better identification

[santiagohermo]

I was thinking about our discussion the other day @diegogentilepassaro @gabrieleborg, about restructuring the paper in light of the comments we got. This is my plan:

1. Rewrite the intro saying that the paper is about the spillover effects of the MW within the city, and how the residence and workplace MW helps us estimate that.
2. Stress the importance of commuting patterns and of granular and high-frequency data for our research question. Drop the estimates using county and year variations.
3. Frame the estimates of the "share pocketed" as an illustration of the importance of commuting patterns.

It should be a nice empirical paper. Given the comments we got, I think we need better rents data and a GE model to go beyond this.

[santiagohermo]

I think we can also change the title lower our claim of generality (removing the "place-based policies" part). Some ideas, with the help of chatGPT, that I liked

• "Spillover Effects of Local Minimum Wage Policies: Evidence from US housing rental markets"
• "From Workplace to Homeplace: The Ripple Effect of Minimum Wage Policies on Local Rental Housing Markets"
• "From Workplace to Homeplace: How Commuting Patterns Shape the Effects of the Minimum Wage on Rental Markets"
• "From the Workplace to the Doorstep: The Role of Commuting Patterns in Shaping Spillover Effects of Minimum Wage Policies"
• "The Ripple Effect: Assessing the Within-City Impact of Local Minimum Wage Policies on Rental Housing Markets"
• "Commuting Patterns and Rental Prices: An Analysis of the Within-City Impact of Minimum Wage Policies"

Other ideas

I pasted the first paragraphs of the intro and got this:

• "Minimum Wage Policies and Their Spillover Effects: A Study on Local Rental Housing Markets"
• "Spatial Heterogeneity in Minimum Wage Effects: Understanding the Influence on Local Rental Housing Markets"
• "The Local Impact of Minimum Wage Policies: A Closer Look at Within-City Spillover Effects on Rental Housing Markets"
• "Beyond Income Inequality: Unveiling the Within-City Spillover Effects of Minimum Wage Policies on Housing Markets"
• "Commuting Patterns and Rental Prices: An Analysis of the Within-City Impact of Minimum Wage Policies"
• "Minimum Wage and Housing: A Study of Spillover Effects within Metropolitan Areas"
• "Understanding Local Minimum Wage Policies: Within-City Spillover Effects on Rental Housing Markets"
• "The Interplay of Minimum Wage and Housing: A Study on the Within-City Spillover Effects"
• "Place-Based Policies and the Housing Market: Examining the Within-City Effects of Minimum Wage Policies"

When I asked for catchy phrases

• "Waves from Wages: Within-City Spillover Effects of Local Minimum Wage Policies on Rental Markets"
• "Riding the Wage Wave: Unraveling the Impact of Minimum Wage Policies on Local Rental Housing Markets"
• "More than Meets the Eye: Unveiling the Within-City Spillover Effects of Minimum Wage Policies"
• "From Workplace to Homeplace: The Ripple Effect of Minimum Wage Policies on Local Rental Housing Markets"
• "Policies and Places: A Deep Dive into the Within-City Spillover Effects of Minimum Wage Policies"
• "The Domino Effect: How Local Minimum Wage Policies Impact Rental Housing Markets"
• "Wage Changes, Big Changes: The Impact of Minimum Wage Policies on Within-City Housing Markets"
• "A Tale of Two Markets: Investigating the Impact of Minimum Wage Policies on Employment and Rental Housing"
• "The Wage Wave: Navigating the Spillover Effects of Minimum Wage Policies on Local Housing Markets"
• "Behind the Paycheck: Exploring the Local Spillover Effects of Minimum Wage Policies on Rental Markets"

When I asked it to say "commuting patterns"

• "Commute, Wages, and Walls: How Local Minimum Wage Policies and Commuting Patterns Shape US Housing Markets"
• "From the Workplace to the Doorstep: The Role of Commuting Patterns in Shaping Spillover Effects of Minimum Wage Policies"
• "Riding the Wage Route: Exploring the Interplay of Commuting Patterns and Minimum Wage Policies in US Rental Housing Markets"
• "A Journey Through Wages: The Impact of Commuting Patterns on the Spillover Effects of Minimum Wage Policies"

[santiagohermo]

My favorite alternative title @diegogentilepassaro @gabrieleborg

From Workplace to Homeplace: The Ripple Effect of Minimum Wage Policies on Local Rental Housing Markets

[diegogentilepassaro]

I was thinking about our discussion the other day @diegogentilepassaro @gabrieleborg, about restructuring the paper in light of the comments we got. This is my plan:

1. Rewrite the intro saying that the paper is about the spillover effects of the MW within the city, and how the residence and workplace MW helps us estimate that.
2. Stress the importance of commuting patterns and of granular and high-frequency data for our research question. Drop the estimates using county and year variations.
3. Frame the estimates of the "share pocketed" as an illustration of the importance of commuting patterns.

It should be a nice empirical paper. Given the comments we got, I think we need better rents data and a GE model to go beyond this.

Totally agree with this :D

[diegogentilepassaro]

My favorite alternative title @diegogentilepassaro @gabrieleborg

From Workplace to Homeplace: The Ripple Effect of Minimum Wage Policies on Local Rental Housing Markets

It is my favorite too, and the paper needs some rebranding! However, I think it should be:
From Homeplace To Workplace: The Effect of Minimum Wage Policies on Local Rental Housing Markets

Two small changes!

[santiagohermo]

Thanks @diegogentilepassaro!

• I'm good with dropping "Ripple". We could also use "spillover", as in "The Spillover Effects of Minimum Wage Policies on Local Rental Housing Markets"
• I think that "From Workplace to Homeplace" better illustrates the idea that the MW shock originates in the workplace and ends up affecting the residence, so I would keep them in this order.

[santiagohermo]

Let us know what you think @gabrieleborg !

[diegogentilepassaro]

Thanks @diegogentilepassaro!

• I'm good with dropping "Ripple". We could also use "spillover", as in "The Spillover Effects of Minimum Wage Policies on Local Rental Housing Markets"
• I think that "From Workplace to Homeplace" better illustrates the idea that the MW shock originates in the workplace and ends up affecting the residence, so I would keep them in this order.

@santiagohermo I like the spillover word there! As for the other, now I understand why the "From Workplace to Homeplace", I was interpreting "From Homeplace to Workplace" as a statement about the MW metric that you should use. It use to be Homeplace now it is Workplace! haha Happy to stick to your choice. One small comment: should we stop calling it residence MW and change to homeplace then? or maybe change the title to "From Residence to Workplace"?

[gabrieleborg]

Hey @santiagohermo, I like the new title using the "spillover" word! that's good to me - it better frame the scope of the paper after the latest edits. Green light from my side! @diegogentilepassaro I didn't follow your last comment on the MW rebranding - are you suggesting to shift to "homeplace" to be more in line with workplace? My only fear is that the title then it'd become a bit too repetitive as the words really sounds very similar, so in that sense I'd keep residence. But if you both agree on changing it let's do it!

[santiagohermo]

Thanks @gabrieleborg! The title page is looking something like this: #267 (comment)

[santiagohermo]

A submission checklist for the Journal of Urban Economics is here. We need to review this before submitting

[santiagohermo]

#271 was merged, so a new version of the draft is in main @diegogentilepassaro @gabrieleborg! Before closing this issue I wil:

• Submit to JUE
• Create a snapshot of the data
• Create a new release in the repo

[diegogentilepassaro]

@santiagohermo my comments for the new draft are below:
min_wage_rent_JUE_DGP.pdf

Thank you very much for all of the super hard work ❤️

[santiagohermo]

I implemented some of your suggestions in the commit above @diegogentilepassaro !

[santiagohermo]

Summary: In this issue we tracked a new submission of the paper, this time to the Journal of Urban Economics.

Details in the wiki, including submission confirmation, are here.
Release is JUE1.