Florida State University - Economics
Graduate Research Fellow, DeVoe Moore Center for the Study of Critical Issues in Economics and Gov't
Secured fellowship award to pursue dissertation research
Course Instructor, Department of Economics
Principles of Microeconomics
• 7 classes as full instructor
• 7 classes as teaching assistant
Principles of Macroeconomics
• 3 classes as full instructor
• 3 classes as teaching assistant
Introduction to Economic Thinking
• 3 classes as full instructor
Economics of Money and Banking (online course)
• 1 class as online mentor
Marketing Analyst/Econometrician, Global Marketing Strategy & Planning, Parks & Resorts Division
(Contract-Limited Assignment)
Research Economist
Brad worked at Florida Realtors as a Research Economist
Director of Economic Research
Brad worked at Florida Realtors as a Director of Economic Research
Chief Economist
Brad worked at Florida Realtors as a Chief Economist
PhD
Economics
Fields of Specialization and Interest:
• Urban and Real Estate Economics
• Applied Econometrics
• Industrial Organization
• Public Choice and Political Economy
• Public Economics
MS
Economics
Graduate Research Fellow, DeVoe Moore Center for the Study of Critical Issues in Economics and Gov't
Secured fellowship award to pursue dissertation research
Course Instructor, Department of Economics
Principles of Microeconomics
• 7 classes as full instructor
• 7 classes as teaching assistant
Principles of Macroeconomics
• 3 classes as full instructor
• 3 classes as teaching assistant
Introduction to Economic Thinking
• 3 classes as full instructor
Economics of Money and Banking (online course)
• 1 class as online mentor
Ph.D. Dissertation
Committee: Keith Ihlanfeldt (chair), Randall Holcombe, Thomas Zuehlke, Timothy Chapin
This dissertation estimates the effects of various characteristics of Florida municipalities on two measures of residential restrictiveness imposed by local land use regulations, circa 1990. Exploiting a unique situation created by the passage of Florida's Growth Management Act of 1985, the estimated models mitigate the inherent weaknesses found in previous empirical studies of exclusionary land use regulations, including non-autonomy in simultaneous equations, endogeneity in model regressors, assumptions of a single exclusionary motive, and the failure to account for the dynamic nature of zoning laws. The results of this study indicate that while the residential zoning patterns for vacant land follow the market to some extent, the amount of land allocated for residential use is more closely associated with externality-based motives (such as preventing incompatible adjacent land uses) than it is with the housing prices. The other key finding of the study is that the maximum allowable densities for vacant land allocated for residential use are associated with a possible prejudice against low-income households that is not systematically rooted in either fiscal incentives or racial prejudice.
BS
Economics
Florida State University
Ph.D. Dissertation Committee: Keith Ihlanfeldt (chair), Randall Holcombe, Thomas Zuehlke, Timothy Chapin This dissertation estimates the effects of various characteristics of Florida municipalities on two measures of residential restrictiveness imposed by local land use regulations, circa 1990. Exploiting a unique situation created by the passage of Florida's Growth Management Act of 1985, the estimated models mitigate the inherent weaknesses found in previous empirical studies of exclusionary land use regulations, including non-autonomy in simultaneous equations, endogeneity in model regressors, assumptions of a single exclusionary motive, and the failure to account for the dynamic nature of zoning laws. The results of this study indicate that while the residential zoning patterns for vacant land follow the market to some extent, the amount of land allocated for residential use is more closely associated with externality-based motives (such as preventing incompatible adjacent land uses) than it is with the housing prices. The other key finding of the study is that the maximum allowable densities for vacant land allocated for residential use are associated with a possible prejudice against low-income households that is not systematically rooted in either fiscal incentives or racial prejudice.
Florida State University
Ph.D. Dissertation Committee: Keith Ihlanfeldt (chair), Randall Holcombe, Thomas Zuehlke, Timothy Chapin This dissertation estimates the effects of various characteristics of Florida municipalities on two measures of residential restrictiveness imposed by local land use regulations, circa 1990. Exploiting a unique situation created by the passage of Florida's Growth Management Act of 1985, the estimated models mitigate the inherent weaknesses found in previous empirical studies of exclusionary land use regulations, including non-autonomy in simultaneous equations, endogeneity in model regressors, assumptions of a single exclusionary motive, and the failure to account for the dynamic nature of zoning laws. The results of this study indicate that while the residential zoning patterns for vacant land follow the market to some extent, the amount of land allocated for residential use is more closely associated with externality-based motives (such as preventing incompatible adjacent land uses) than it is with the housing prices. The other key finding of the study is that the maximum allowable densities for vacant land allocated for residential use are associated with a possible prejudice against low-income households that is not systematically rooted in either fiscal incentives or racial prejudice.
Florida State University
Ph.D. Dissertation Committee: Keith Ihlanfeldt (chair), Randall Holcombe, Thomas Zuehlke, Timothy Chapin This dissertation estimates the effects of various characteristics of Florida municipalities on two measures of residential restrictiveness imposed by local land use regulations, circa 1990. Exploiting a unique situation created by the passage of Florida's Growth Management Act of 1985, the estimated models mitigate the inherent weaknesses found in previous empirical studies of exclusionary land use regulations, including non-autonomy in simultaneous equations, endogeneity in model regressors, assumptions of a single exclusionary motive, and the failure to account for the dynamic nature of zoning laws. The results of this study indicate that while the residential zoning patterns for vacant land follow the market to some extent, the amount of land allocated for residential use is more closely associated with externality-based motives (such as preventing incompatible adjacent land uses) than it is with the housing prices. The other key finding of the study is that the maximum allowable densities for vacant land allocated for residential use are associated with a possible prejudice against low-income households that is not systematically rooted in either fiscal incentives or racial prejudice.
Florida Realtors
This report provides estimates of the impact of water quality and clarity on the sale prices of homes in Martin and Lee counties over a four-year period, from 2010 through 2013. What is clearly found is that the ongoing problem of polluted water in the Caloosahatchee and St. Lucie rivers has indeed resulted in a negative impact on home values. The study concludes that a one-foot change in visible estuarine clarity has a significant impact in each county—Lee County’s aggregate single family home values increase by an estimated $541 million, while Martin County’s aggregate single family home values increase by an estimated $428 million. This research was funded in part by a grant from the Everglades Foundation.
Florida State University
Ph.D. Dissertation Committee: Keith Ihlanfeldt (chair), Randall Holcombe, Thomas Zuehlke, Timothy Chapin This dissertation estimates the effects of various characteristics of Florida municipalities on two measures of residential restrictiveness imposed by local land use regulations, circa 1990. Exploiting a unique situation created by the passage of Florida's Growth Management Act of 1985, the estimated models mitigate the inherent weaknesses found in previous empirical studies of exclusionary land use regulations, including non-autonomy in simultaneous equations, endogeneity in model regressors, assumptions of a single exclusionary motive, and the failure to account for the dynamic nature of zoning laws. The results of this study indicate that while the residential zoning patterns for vacant land follow the market to some extent, the amount of land allocated for residential use is more closely associated with externality-based motives (such as preventing incompatible adjacent land uses) than it is with the housing prices. The other key finding of the study is that the maximum allowable densities for vacant land allocated for residential use are associated with a possible prejudice against low-income households that is not systematically rooted in either fiscal incentives or racial prejudice.
Florida Realtors
This report provides estimates of the impact of water quality and clarity on the sale prices of homes in Martin and Lee counties over a four-year period, from 2010 through 2013. What is clearly found is that the ongoing problem of polluted water in the Caloosahatchee and St. Lucie rivers has indeed resulted in a negative impact on home values. The study concludes that a one-foot change in visible estuarine clarity has a significant impact in each county—Lee County’s aggregate single family home values increase by an estimated $541 million, while Martin County’s aggregate single family home values increase by an estimated $428 million. This research was funded in part by a grant from the Everglades Foundation.
Florida's Bottom Line
This article recaps the recovery of Florida's housing markets over the past few years and the obstacles faced along the way. It was written for the special 5-year anniversary edition of Florida's Bottom Line, the quarterly newsletter of Florida's chief financial officer, Jeff Atwater.
Florida State University
Ph.D. Dissertation Committee: Keith Ihlanfeldt (chair), Randall Holcombe, Thomas Zuehlke, Timothy Chapin This dissertation estimates the effects of various characteristics of Florida municipalities on two measures of residential restrictiveness imposed by local land use regulations, circa 1990. Exploiting a unique situation created by the passage of Florida's Growth Management Act of 1985, the estimated models mitigate the inherent weaknesses found in previous empirical studies of exclusionary land use regulations, including non-autonomy in simultaneous equations, endogeneity in model regressors, assumptions of a single exclusionary motive, and the failure to account for the dynamic nature of zoning laws. The results of this study indicate that while the residential zoning patterns for vacant land follow the market to some extent, the amount of land allocated for residential use is more closely associated with externality-based motives (such as preventing incompatible adjacent land uses) than it is with the housing prices. The other key finding of the study is that the maximum allowable densities for vacant land allocated for residential use are associated with a possible prejudice against low-income households that is not systematically rooted in either fiscal incentives or racial prejudice.
Florida Realtors
This report provides estimates of the impact of water quality and clarity on the sale prices of homes in Martin and Lee counties over a four-year period, from 2010 through 2013. What is clearly found is that the ongoing problem of polluted water in the Caloosahatchee and St. Lucie rivers has indeed resulted in a negative impact on home values. The study concludes that a one-foot change in visible estuarine clarity has a significant impact in each county—Lee County’s aggregate single family home values increase by an estimated $541 million, while Martin County’s aggregate single family home values increase by an estimated $428 million. This research was funded in part by a grant from the Everglades Foundation.
Florida's Bottom Line
This article recaps the recovery of Florida's housing markets over the past few years and the obstacles faced along the way. It was written for the special 5-year anniversary edition of Florida's Bottom Line, the quarterly newsletter of Florida's chief financial officer, Jeff Atwater.
Journal of the Center for Real Estate Studies
This study examines the relationship between measurements of the ambient water quality of major local estuaries and the sale prices of homes in Florida’s Martin and Lee counties over a four-year period, from 2010 through 2013. The results for both counties demonstrate a clear link between water clarity and home prices that, as hypothesized, fades with distance from the shoreline. This paper serves as an abridged and more accessible companion piece to a comprehensive report released by Florida REALTORS® in March 2015. This research was funded in part by a grant from the Everglades Foundation.
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