00000nam 2200000za 4500 9.856136 CaOODSP 20250501123156 cr ||||||||||| 180503s2018 oncb ob f000 0 eng d CaOODSP eng eng fre n-cn-bc FB3-5/2018-18E-PDF Chernoff, Alexander W. Housing price network effects from public transit investment [electronic resource] : evidence from Vancouver / by Alex W. Chernoff and Andrea Craig. [Ottawa] : Bank of Canada, 2018. ii, 25 p. : col. maps. Bank of Canada staff working paper, 1701-9397 ; 2018-18 "April 2018." Includes bibliographical references (p. 16-17). “This paper estimates the equilibrium effects of a large, publicly funded investment in rapid transit on housing price differentials between neighborhoods within and outside the transit corridor, based on our study of the expansion of the Vancouver SkyTrain rapid transit network over the period 2001–11. This includes the `Millennium Line' and `Canada Line' expansions, public investments totaling $3.2 billion. We use micro data from Canadian censuses (2001 and 2006) and the National Household Survey (2011), which include information on households' place of work and residence and other socio-economic variables. We combine these data with geographic information systems (GIS) data on the SkyTrain expansion sourced from the South Coast British Columbia Transportation Authority"--Non-technical summary, p. [1]. Includes abstract in French. gccst Housing gccst Prices gccst Public transit Craig, Andrea. Bank of Canada. Staff working paper (Bank of Canada) 1701-9397 ; 2018-18. (CaOODSP)9.806221 PDF 1.93 MB https://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-5-2018-18-eng.pdf