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We construct the first consistent market rent and home sales price series for American cities across the 20th century using millions of newspaper real estate listings. Our findings revise several stylized facts about U.S. housing markets. Real market rents did not fall during the 20th century...
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Immigration to democratic nations generates new groups of potential voters. This paper investigates how the electorate share of immigrant groups influences their likelihood of becoming politically mobilized, focusing on the mechanism of coalition formation with the Democratic Party. Using newly...
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"The share of metropolitan residents living in central cities declined dramatically from 1950 to 2000. We show that, if not for a series of demographic factors - notably renewed immigration, delayed child bearing, and a decline in the share of households headed by veterans, who are eligible for...
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