This chapter reviews academic research on the connections between agglomeration and
innovation. We first describe the conceptual distinctions between invention and innovation …

For the almost 2,500 years since Plato wrote that “any city however small, is in fact divided
into two, one the city of the poor, the other of the rich,” urban scholars have been struck by …

We propose an integrated framework to discuss the empirical literature on the local
determinants of agglomeration effects. We start by presenting the theoretical mechanisms …

Today, the Bay Area is home to the most successful knowledge economy in America, while
Los Angeles has fallen progressively further behind its neighbor to the north and a number …

This article uses detailed barcode data on purchase transactions by households in 49 US
cities to calculate the first theoretically founded urban price index. In doing so, we overcome …

Economists sometimes assume that strictly regulated housing markets near mountains and
oceans are expensive because they are costly places to build, not because they are nice …

In 1980, housing prices in the main US cities rose with distance to the city center. By 2010,
that relationship had reversed. We propose that this development can be traced to greater …

What are the socioeconomic impacts of resource abundance? Are these effects different at
the national and local levels? How could resource booms benefit (or harm) local …

This paper examines the effect of an improvement in property rights on a local economy
using the case of First Nations' modern treaties. These treaties are an important institutional …

At a time when significant social status, economic resources, and political opportunities
seem to become ever more unequally distributed and only available to a few, this book …