Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10013480762
The United States transformed itself from a rural to an urban society over the last three centuries. After a century of unremarkable growth, the pace of urbanization was historically unprecedented between the nineteenth and early twentieth centuries. In the twentieth century, the urban...
Persistent link: https://www.econbiz.de/10012471674
To study the effects of neighborhood and place-based interventions, this paper incorporates neighborhood effects into a general equilibrium (GE) heterogeneous-agent overlapping-generations model with endogenous location choice and child skill development. Importantly, housing costs as well as...
Persistent link: https://www.econbiz.de/10013191022
The fast and often chaotic urbanization of the developing world generates both economic opportunity and challenges, like contagious disease and congestion, because proximity increases both positive and negative externalities. In this paper, we review the expanding body of economic research on...
Persistent link: https://www.econbiz.de/10012480334
This paper shows that the products and prices offered in markets are correlated with local income-specific tastes. To quantify the welfare impact of this variation, I calculate local price indexes micro-founded by a model of non-homothetic demand over thousands of grocery products. These indexes...
Persistent link: https://www.econbiz.de/10012480518
Recent work has argued that zoning is responsible for racial segregation, disparities in public goods provision, growing regional inequality, and exploding housing costs in productive areas. However, the slow-moving nature of land regulation's effects suggests a crucial need for historical...
Persistent link: https://www.econbiz.de/10012482569
The 1990s were an unusually good decade for the largest American cities and, in particular, for the cities of the Midwest. However, fundamentally urban growth in the 1990s looked extremely similar to urban growth during the prior post-war decades. The growth of cities was determined by three...
Persistent link: https://www.econbiz.de/10012470363
Africa is urbanizing rapidly, and this creates both opportunities and challenges. Labor productivity appears to be much higher in developing-world cities than in rural areas, and historically urbanization is strongly correlated with economic growth. Education seems to be a strong complement to...
Persistent link: https://www.econbiz.de/10012455402
Urban change involves transformations in the physical appearance and the social composition of neighborhoods. Yet, the relationship between the physical and social components of urban change is not well understood due to the lack of comprehensive measures of neighborhood appearance. Here, we...
Persistent link: https://www.econbiz.de/10012457049
We study the local effects of a federal program that helped cities clear areas for redevelopment, rehabilitate structures, complete city plans, and enforce building codes. We use an instrumental variable strategy to estimate the program's effects on city-level measures of income, property...
Persistent link: https://www.econbiz.de/10012461201