Fluctuations in the stock market and in house values over the course of recent years have led to renewed macroeconomic policy debate as regards the effects of financial and housing wealth in the determination of consumer spending. This research assembles a unique matched sample of household data...

This paper explicates the intra-metropolitan geography of minority homeownership. In so doing, the analysis applies individual level Census data from the Washington D.C., Chicago, and Los Angeles metropolitan areas to estimate three-level nested logit models (NMNL) of household mobility,...

Fluctuations in the stock market and in house values over the course of recent years have led to renewed economic policy debate as regards the effects of financial and housing wealth in thedetermination of household consumption patterns. This research assembles a unique matched sample of...

Fluctuations in the stock market and in house values over the course of recent years have led to renewed macroeconomic policy debate as regards the effects of financial and housing wealth in the determination of consumer spending. This research assembles a unique matched sample of household data...

Recent studies have documented substantially depressed levels of homeownership among African-American households. While prior analyses have focused largely on racial disparities in household financial characteristics, few studies have assessed the potential role of location choice and locational...

This paper develops a new measure of "quality of the business environment" that complements existing measures of "quality of life". An annual panel of these measures is constructed and analyzed for 37 cities from 1977 to 1995. Findings indicate that many cities attractive to firms are...