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The purpose of this chapter is to survey recent research on housing markets and policy in what used to be called the “second” and “third” worlds. We adopt the labels “transition” economies to refer to countries as disparate as Russia and Vietnam, and “developing” to refer to...
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We provide an integrated treatment of the theoretical literature on urban land use inspired by the monocentric model, including extensions that deal with multiple endogenous business centers, various dimensions of heterogeneity, and durable housing. After presenting the theory and distilling its...
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Over time, cities expand their physical footprint on land and new cities emerge. The shape of the built environment can affect several domains which are policy relevant, such as carbon emissions, housing affordability, infrastructure costs, and access to services. This study lays a...
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This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then discuss how these factors are frequently measured in the data and note some resulting empirical regularities....
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