This paper analyzes the determinants of higher-cost 'subprime' mortgage credit in the U.S. The analysis is based on a tract-level data set consisting of mortgage data from the 2005 and 2006 Home Mortgage Disclosure Act databases and economic/demographic data from the 2000 Census. The empirical...

The ongoing problem of urban poverty has resisted almost all attempts at finding a solution. This paper proposes that by mobilizing the available labor in a poor urban neighborhood, poverty can be alleviated. This will require a motivated community organizer along with community leaders who...

With the ageing of the European population, the housing choices of the elderly will have consequences on the whole housing market. In this paper we use data from the first two waves of the Survey of Health, Ageing and Retirement in Europe (SHARE) to analyse the residential mobility decisions of...

For dual-earner, college educated straight couples, I examine the relative weight of spouse career prospects in deciding where to live. I show that higher expected wages for husbands in a potential destination tends to make it more attractive for households, relative to the same increase in...

Texas engaged in a large-scale policy experiment when it instituted the Top 10% Plan. This policy guarantees automatic admission to their state university of choice for all high school seniors who graduate in the top decile of their high school class. We find evidence that households reacted...

A recent Spanish tax reform granted regions the authority to set income tax rates, resulting in substantial tax differentials. We use individual-level information from Social Security records over a period of one decade. Conditional on moving, taxes have a significant effect on location choice....

Recent Spanish tax reform granted regions the authority to set income tax rates, resulting in substantial tax differentials. We use individual-level information from Social Security records over a period of one decade. Conditional on moving, taxes have a significant effect on location choice. A...

A recent Spanish tax reform granted regions the authority to set income tax rates, resulting in substantial tax differentials. We use individual-level information from Social Security records over a period of one decade. Conditional on moving, taxes have a significant effect on location choice....

A major overhaul of the property tax system in 2013 in the city of Philadelphia has generated significant variations in the amount of property taxes across properties. This exogenous policy shock provides a unique opportunity to identify the causal effects of gentrification, which is often...

A recent Spanish tax reform granted regions the authority to set income tax rates, resulting in substantial tax differentials. We use individual-level information from Social Security records over a period of one decade. Conditional on moving, taxes have a significant effect on location choice....