A Tale of Two Cities: An Examination of Medallion Prices in New York and Chicago
This paper examines the institution of taxicab medallions in two of the largest cities of the U.S.—New York and Chicago—and changes in the prices of those medallions during the period 2009–2016 (for New York City) and 2007–2016 (for Chicago). We document a drop of roughly 50% in the prices of these...
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| Format: | Article |
| Language: | English |
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Springer New York LLC
2018
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| Online Access: | View Fulltext in Publisher |