How does gentrification transform neighborhoods? Gentrification can harm current residents by increasing rental costs … principle - reduce overall social surplus. Using Census and Yelp data from five cities, we document that while gentrification is … to be slower in poor communities that do not gentrify. Consequently, the business closures that come with gentrification …

We study how recent gentrification shocks impact Black and Hispanic neighborhoods, including where minority households … partially explained by neighborhood networks. We then use Bartik-style labor market income shocks to show that gentrification … has many effects. In Black neighborhoods, gentrification increases house prices and reduces the share of Black households …

gentrification, both by providing data in close to real time (i.e. nowcasting and forecasting) and by providing additional context … about how the local economy is changing. Combining Yelp and Census data, we find that gentrification, as measured by changes … of Starbucks (and coffee shops more generally) into a neighborhood predicts gentrification. Each additional Starbucks …

city and the gentrification of those neighborhoods in response to a city wide housing demand shock. A key ingredient in our … causing the original poorer residents to migrate out. We refer to this process as "endogenous gentrification". Using a variety …