Why do cities grow in population, surface area, and income per person? Which cities grow
faster and why? To these questions, the urban growth literature has offered a variety of …

Drawing on firm-level expectations at a one-year forecast horizon in the Survey of Business
Uncertainty (SBU), we construct novel, forward-looking reallocation measures for jobs and …

In this study, we provide a comprehensive overview of housing affordability in China from
both the macro and micro perspectives. We extend the scope of housing affordability …

We evaluate the duration of the China trade shock and its impact on a wide range of
outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of …

In this essay, we review the basic economics of housing supply and the functioning of US
housing markets to better understand the distribution of home prices, household wealth, and …

In the postwar era, developed economies have experienced two substantial trends in the net
capital share of aggregate income: a rise during the last several decades, which is well …

How have house prices evolved over the long run? This paper presents annual house
prices for 14 advanced economies since 1870. We show that real house prices stayed …

ST. AIDAN'S CATHOLIC CHURCH, built in 1911, sat in the middle of a relatively dense and
highly desirable residential area in Brookline, Massachusetts. It was, among other things …

From a rising young economist, an examination of innovation and success, and where to
find them in America. An unprecedented redistribution of jobs, population, and wealth is …

A wide array of local government regulations influences the amount, location, and shape of
residential development. In this chapter, we review the literature on the causes and effects of …