We analyze the economic impact of the German high-speed rail (HSR) connecting Cologne
and Frankfurt, which provides plausibly exogenous variation in access to surrounding …

We provide an integrated treatment of the theoretical literature on urban land use inspired by
the monocentric model, including extensions that deal with multiple endogenous business …

We estimate the effects of interstate highways on the growth of US cities between 1983 and
2003. We find that a 10% increase in a city's initial stock of highways causes about a 1.5 …

Residential segregation by jurisdiction generates disparities in public services and
education. The distinctive American pattern—in which blacks live in cities and whites in …

We construct a simple model of a city with heterogeneous agents and housing choice to
explain the determinants of slums, home to about one-third of the urban population in …

Abstract Thirty years ago, Adams (1981) depicted a future UK where everyone was a
millionaire lorry driver, simply by extrapolating from contemporary official transport growth …

This article summarizes research on the macroeconomic aspects of the housing market. In
terms of the macroeconomic stylized facts, this article demonstrates that with respect to …

This study explores the two-way interactions to gain an in-depth understanding of the impact
of population growth on development expansion and vice versa. The empirical investigation …

We study the effect of differences in product quality on new technology diffusion. We
propose a model in which heterogeneity in perceived product quality affects consumer …

Over time, automobile ownership in the US has increased. Yet low-income households
remain less likely to have access to automobiles than higher-income households. Today …