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Escape from the City? The Role of Race, Income, and Local Public Goods in Post-War Suburbanization
Boustan, Leah Platt - 2010
Affluent towns often deliver high-quality public services to their residents. I estimate the willingness to pay to live in a high-income suburb, above and beyond the demand of wealthy neighbors, by measuring changes in housing prices across city-suburban borders as the income disparity between...
Persistent link: https://www.econbiz.de/10012759902
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Accidental Environmentalists? Californian Demand for Teslas and Solar Panels
Kaiser, William - 2014
In the absence of a national carbon tax, household driving and electricity consumption impose social costs. Suburbanites drive more and consume more electricity than center city residents. If more suburbanites purchase electric vehicles (EV) and install solar panels, then their greenhouse gas...
Persistent link: https://www.econbiz.de/10013039856
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When Work Moves : Job Suburbanization and Black Employment
Miller, Conrad - 2018
This paper presents evidence that job suburbanization caused significant declines in black employment from 1970 to 2000 … stable segregation suggests job suburbanization may have increased black-white labor market inequality. Exploiting variation … across metropolitan areas, I find that job suburbanization is associated with substantial declines in black employment rates …
Persistent link: https://www.econbiz.de/10012916595
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The Dynamics of City Formation
Henderson, J. Vernon - 2010
This paper examines city formation in a country whose urban population is growing steadily over time, with new cities required to accommodate this growth. In contrast to most of the literature there is immobility of housing and urban infrastructure, and investment in these assets is taken on the...
Persistent link: https://www.econbiz.de/10012759558
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The Economics of Density : Evidence from the Berlin Wall
Ahlfeldt, Gabriel M. - 2014
This paper develops a quantitative model of internal city structure that features agglomeration and dispersion forces and an arbitrary number of heterogeneous city blocks. The model remains tractable and amenable to empirical analysis because of stochastic shocks to commuting decisions, which...
Persistent link: https://www.econbiz.de/10013049689
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Urban Colossus : Why is New York America'S Largest City?
Glaeser, Edward L. - 2021
New York has been remarkably successful relative to any other large city outside of the sunbelt and it remains the nation's premier metropolis. What accounts for New York's rise and continuing success? The rise of New York in the early nineteenth century is the result of technological changes...
Persistent link: https://www.econbiz.de/10013246092
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Racial Sorting and the Emergence of Segregation in American Cities
Shertzer, Allison - 2016
Residential segregation by race grew sharply during the early twentieth century as black migrants from the South arrived in northern cities. The existing literature emphasizes collective action by whites to restrict where blacks could live as the driving force behind this rapid rise in...
Persistent link: https://www.econbiz.de/10012996880
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Zoning and the Economic Geography of Cities
Shertzer, Allison - 2016
Comprehensive zoning is ubiquitous in U.S. cities, yet we know surprisingly little about its long-run impacts. We provide the first attempt to measure the causal effect of land use regulation over the long term, using as our setting Chicago's first (1923) comprehensive zoning ordinance. Our...
Persistent link: https://www.econbiz.de/10012982928
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Monetary Policy and Asset Prices : A Look Back at Past U.S. Stock Market Booms
Bordo, Michael D. - 2011
This paper examines the economic environments in which past U.S. stock market booms occurred as a first step toward understanding how asset price booms come about and whether monetary policy should be used to defuse booms. We identify several episodes of sustained rapid rise in equity prices in...
Persistent link: https://www.econbiz.de/10013127756
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The U.S. Left Behind : The Rise of IPO Activity Around the World
Doidge, Craig - 2011
During the past two decades, there has been a dramatic change in IPO activity around the world. Though vibrant IPO activity, attributed to better institutions and governance, used to be a strength of the U.S., it no longer is. IPO activity in the U.S. has fallen compared to the rest of the world...
Persistent link: https://www.econbiz.de/10013127767