This paper surveys the modern economics literature on the role of neighborhoods in
influencing socioeconomic outcomes. Neighborhood effects have been analyzed in a range …

There is a relatively recent, growing recognition about the importance of the interactive
nexus between and among housing markets and the macroeconomy. This paper provides a …

We provide new results regarding the identification of peer effects. We consider an extended
version of the linear-in-means model where interactions are structured through a social …

This paper considers identification and estimation of structural interaction effects in a social
interaction model. The model allows unobservables in the group structure, which may be …

Since 1970, housing's relative price, share of expenditure, and``unaffordability''have all
grown. We estimate housing demand using a novel compensated framework over space …

Much popular belief--and public policy--rests on the idea that those born into poverty have it
in their power to escape. But the persistence of poverty and ever-growing economic …

In the United States, workers in cities offering above-average wages—cities with high
productivity, low quality of life, or inefficient housing sectors—pay 27 percent more in federal …

This paper provides a set of results on the econometric identifiability of binary choice models
with social interactions. Our analysis moves beyond parametric identification results that …

Urban theorists have tried for decades to define exactly what a neighborhood is. But behind
that daunting existential question lies a much murkier problem: never mind how you define …

Neighbourhood characteristics affect the social and economic opportunities of their
residents. Although various studies have analysed housing adjustments at different life …