Kuzey Yilmaz

Kuzey Yilmaz
University of Rochester | UR · Department of Economics

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18
Publications
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389
Citations

Publications

Publications (18)
Article
The Housing Choice Voucher Program assists low‐income families to afford decent housing and provide them with better economic opportunities. There is growing evidence that public transportation plays an important role in shaping the residential location choices of low‐income households. However, transportation has not been a major focus of the rese...
Article
In the U.S., the share of school district revenues that state and local governments provide for K‐12 has changed significantly over the last century. Historically, K‐12 education was highly decentralized and funded largely by property taxes of local governments. States played only a supporting role. Today, states, which obtain the biggest portion o...
Article
en Regentrification has been a controversial and often debated topic since it was first observed in the late 1960s. This paper expands the understanding of regentrification through the development of a new hybrid Tiebout‐Alonso model that explicitly introduces: (i) public transportation as an alternative mode of commute to automobile and (ii) a det...
Article
To understand income inequality and intergenerational mobility of income, it is essential to account for the fertility differential between the poor and the rich because it affects the human capital investment through the quantity–quality trade-off of children. We develop a dynamic general equilibrium in which parents choose the quantity of childre...
Article
Considerable prior analysis has gone into the study of zoning restrictions on locational choice and on fiscal burdens, but none addresses the level and distribution of public goods provided under fiscal zoning. Our analysis emphasizes the interplay between land-use restrictions and public good provision, focusing on schooling outcomes. We extend ex...
Article
Many discussions of school finance policy fail to consider how households respond to policies that change the attractiveness of different residential locations. We develop a general equilibrium model that incorporates workplace choice, residential choice, and political choice of tax and expenditure levels. Importantly, we consider multiple workplac...
Article
A perennial debate worldwide over housing aid policy focuses on whether the government should provide housing vouchers or subsidized public housing units. To complement the empirically- dominated literature, this paper builds a general equilibrium model that merges urban land use (monocentric city) and Tiebout frameworks. In our model, public housi...
Article
Full-text available
Considerable prior analysis has gone into the study of zoning restrictions on locational choice and on fiscal burdens. The prior work on zoning - particularly fiscal or exclusionary zoning - has provided both inconclusive theoretical results and quite inconsistent empirical support of the theory. More importantly, none of this work addresses import...
Article
The study of location and schooling has become a vibrant area of research in recent years. This article identifies the current state in both theoretical and empirical analyses of schools and location. It begins with a description of housing markets and schools in the United States. It then provides an overview of the relevant theoretical arguments...
Article
Full-text available
Private schools free households from a strict link between residential location decisions and the tax-school quality bundles they consume. In order to study the impact of private schools on educational outcomes, we develop a general equilibrium model that simultaneously incorporates locational choice built on access and locational choice built on t...
Article
An important element in considering school finance policies is that households are not passive but instead respond to policies. Household behavior is especially important in considering how households affect the spatial structure of metropolitan areas where different jurisdictions incorporate bundles of advantages and disadvantages. This paper adds...
Article
While residential location is an important aspect of both models of urban spatial structure and local public goods, previous modeling efforts have most commonly separated these. The resulting models yield unrealistic locational predictions. This paper incorporates both motivations simultaneously and finds that the equilibrium outcomes are more cons...
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Full-text available
An important element in considering school finance policies is that households are not passive. Instead they respond to policies with a combination of modified residential choice and political choice of tax levels. The highly stylized decision models of most existing analyses, however, lead to conerns about the policy evaluations. In our general eq...
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Full-text available
We develop a multi-community urban land use framework to investigate the implications of increasing school choice opportunities on educational and residential choices of a city's residents. When deciding on the location and the size of land, the households care about the distance to the business district, and a local public good: education. There i...
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Full-text available
The current level and form of subsidization of college education is often rationalized by appeal to capital constraints on individuals. Because borrowing against human capital is difficult, capital constraints can lead to nonoptimal outcomes unless government intervenes. We develop a simple dynamic general equilibrium model of the economy that perm...
Article
We investigate how continental European unemployment can be reduced without reducing unemployment benefits and without reducing the net income of low-wage earners. Lower unemployment replacement rates reduce unemployment, the net wage, and unemployment benefits. A lower tax on labor increases net wages and unemployment benefits. Combining these two...
Article
Common regression models are often structurally inconsistent with strategic interaction. We demonstrate that this “strategic misspecification” is really an issue of structural (or functional form) misspecification. The misspecification can be equivalently written as a form of omitted variable bias, where the omitted variables are nonlinear terms ar...

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