NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Securing Property Rights

Edward L. Glaeser, Giacomo A.M. Ponzetto, Andrei Shleifer

NBER Working Paper No. 22701
Issued in September 2016, Revised in May 2020

---- Acknowledgments ----

The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. We are grateful to Alejandro Ponce from the World Justice Project for providing us with their data, and especially to Joseph Shapiro for his data on water pollution. We are grateful to Abhijit Banerjee, Lucian Bebchuk, Kevin Chen, Oliver Hart, Louis Kaplow, Robbie Minton, Yusuf Neggers, Jesse Shapiro, Henry Smith, Ilya Somin, Dan Svirsky, Gabriel Unger, and the referees of this journal for extremely helpful advice. Ponzetto acknowledges financial support from the Centre de Recerca en Economia Internacional (CREI), through the European Research Council (ERC), under the European Union’s Horizon 2020 Programme, Grant Agreement 714905 (“Citizens, Institutions and Globalization”), the Spanish Ministry of Economy and Competitiveness (grants RYC-2013-13838 and SEV-2015-0563) and the Government of Catalonia (grant 2014 SGR 830 and CERCA program).

---- Disclosure of Financial Relationships for Edward L. Glaeser ----

I have received speaking fees from organizations that organize members that invest in real estate markets, including the National Association of Real Estate Investment Managers and the Pension Real Estate Association.

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