"The share of metropolitan residents living in central cities declined dramatically from 1950 to 2000. We show that, if not for a series of demographic factors - notably renewed immigration, delayed child bearing, and a decline in the share of households headed by veterans, who are eligible for...

In this paper, the authors construct a unique data set of Internet offer prices for flats in 48 large European cities across 24 countries. The data collected between January and May 2012 from 33 websites, are drawn from Internet advertisements of dwellings. Using the resulting sample of more...