Recent years have seen the rapid emergence of a new type of program aimed at seeding startup companies. These programs, often referred to as accelerators, differ from previously known seed-stage institutions such as incubators and angel groups. While proliferation of such accelerators is...

American technological creativity is geographically concentrated in areas that are generally distant from the country's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness? Could Federal policies disperse innovation without...

This paper leverages new measurement of neighborhood amenities to demonstrate that housing prices and rents in U.S. cities are determined nearly as much by proximity to amenities as they are by proximity to employment. We develop a revealed preference measure of amenities using navigations data...