We seek to explain the stylized fact that poor households form the majority in the inner city of most American metropolitan areas. Using numerical simulations, we show that (1) typically there exist two equilibria: One in which the poor form the majority in the inner city and the other in which...

This chapter discusses theoretical and applied research in urban economics on decentralized cities, i.e., cities in which employment is not restricted to the central business district. The first section discusses informally the incentives that firms face to suburbanize. The next section...

This article examines whether Hispanics achieve spatial equity with Whites through homeownership by comparing the neighborhoods of recent Hispanic and White homebuyers using the 2018 Home Mortgage Disclosure Act data coupled with neighborhood information from the Decennial Census and 2014–2018...