This paper presents new annual estimates of U.S. production of pig iron and imports of pig iron products dating back to … 1827. These estimates are used to assess the vulnerability of the antebellum iron industry to foreign competition and the … role of the tariff in fostering the industry's early development. Domestic pig iron production is found to be highly …

Real estate markets are periodically plagued by excess supply, rent concessions and few arms-length transactions …

. Subsequently, housing-price inequality has risen to pre-War levels, while rent inequality has risen less. Combining both measures …

rent are strongly correlated with perceptions of house price risk. Households' exposure to housing risk due to financial … constraints, expected mobility or labor income risk affect the decision to buy versus rent but do not mitigate the impact of risk …

rent level that is closer to the city of origin, relative to comparable locals. Building on “Memory, Attention, and Choice … database of experiences such as rents. The current rent cues recall of past rents, giving rise to a rental norm. A large … discrepancy between the current rent and the memory-based norm surprises and attracts the mover's attention, distorting choice …

overage options to that of the tenant renewal option at the same initial rent. As a result, not only are the values of the …

queuing frictions in the market for public housing. Having access to rent-stabilized housing increases household welfare by up … in the city. Progressive taxation of higher-income households that live in public housing can also be welfare improving …

profitably and therefore innovate less. Eventually, due to greater competition from efficient firms, within-firm markups actually …