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...

This paper identifies the extent to which knowledge from U.S. universities drives industry agglomeration. Establishment-level data indicate faster growth in employment, wages, and corporate innovation after the Bayh-Dole Act’s shock to the spread of innovation from universities in industries...

This paper provides new evidence on the external neighborhood benefits of homeownership among low-income populations. A natural experiment in Israel generated large changes in neighborhood homeownership rates while holding fixed the residents and housing stock, two primary sources of bias in...

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...