David Mesa-Ruiz

Job Market Paper

  • The regional heterogeneous effects of property transactions taxes in England and Wales

    This paper analyses the regional heterogeneous effects of property transaction taxes in the residential housing market in England and Wales. I exploit two sources of variation. Firstly, a single tax rate is applied to transactions in some price bands and jumped at some cutoffs (slab system). After a reform in December 2014, successive bands of the purchase price were taxed at increasing rates, and the discrete jumps were replaced by changes in the slope (slice system). Using a combination of administrative and quasi-administrative data, I estimate how different the effects of both systems were in London and out of London. I find that the slab system destroyed property transactions out of London, but not in London. However, the reform to the slice system mitigated this welfare loss. To explore the mechanisms driving this variation across regions, I build a search and matching model of the ownership market that incorporates bunching. Motivated by descriptive evidence, simulations of the model suggest that sellers' search cost and sellers' transaction gains/costs explain the regional heterogeneity in the response to the tax.

    Presented at:

    • Conference (scheduled) - Royal Economic Society (2025)
    • Conference (scheduled) - Spanish Public Economics Meeting (2025)
    • Conference (scheduled) - Housing Studies Association Conference (2025)
    • Conference - Scottish Economic Society Conference (2025)
    • Seminar - Centre for Competence in Microeconomic Evaluation (2025)
    • Seminar - Pablo de Olavide University (2025)
    • Seminar - University of Granada (2025)
    • Seminar - University of Malaga (2025)
    • Internal Seminar - University of Edinburgh (2024)
    • Workshop - Ph.D. Statistics Day at the University of Edinburgh (2023)
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Working Papers

  • Crime responses to labour market shocks

    This paper examines the effects of two significant shocks on the US labor market: trade competition and technological advancements, particularly the routinization of tasks, which have driven changes in unemployment and inequality. Using Shift-Share (Bartik) Instrumental Variables, the analysis reveals that while trade competition does not significantly impact arrest rates, technological adoption and task routinization have a notable positive effect, particularly on violent crimes and gambling. The findings show that adult men, the group most affected by routinization, experience the highest increase in arrest rates, highlighting the role of inequality as a key mechanism linking labor market disruptions to crime. These results underscore the broader societal consequences of technological change and suggest that policies addressing income inequality and worker protection are critical for mitigating these effects. This research offers valuable insights for policymakers designing equitable responses to labor market disruptions caused by technological advancements.

    Presented at:

    • Conference - Swiss Society of Economics and Statistics Conference (2024)
    • Conference - Scottish Economic Society Conference (2024)
    • Conference - Scottish Graduate Program in Economics Conference (2024)
  • Did Low-Skilled Men Crowd Low-Skilled Women Out of the UK Labor Market?

    This paper examines the impact of information and communications technologies (ICT) on employment in the UK, focusing on how ICT has polarized job opportunities by skill level and gender. It explores how low-skilled men, displaced from blue-collar jobs, have moved into interpersonal occupations, potentially displacing low-skilled women, mirroring trends observed in the U.S. labor market.

    Presented at:

    • Conference - European Association of Labour Economics Conference (2024)
    • Conference - Labour Economics Meeting (2024)
    • Conference - Annual Southern PhD in Economics Conference (2023)
    • Conference - Scottish Economic Society Conference (2022)
    • Conference - Scottish Graduate Program in Economics Conference (2022)
    • Ph.D. Seminar - University of Edinburgh
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Published Research Papers

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