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 …

Households “sort” across neighborhoods according to their wealth and their preferences for
public goods, social characteristics, and commuting opportunities. The aggregation of these …

How do climate risk beliefs affect coastal housing markets? This paper provides theoretical
and empirical evidence. First, we build a dynamic housing market model and show that …

Chinese housing prices rose by over 10 percent per year in real terms between 2003 and
2014 and are now between two and ten times higher than the construction cost of …

We quantify the amount of spatial misallocation of labor across US cities and its aggregate
costs. Misallocation arises because high productivity cities like New York and the San …

The shift from rural to more urban societies is a global trend with significant consequences
for greenhouse gas (GHG) emissions and climate change mitigation. Across multiple …

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 …

This Article examines what we term" regulatory entrepreneurship"-pursuing a line of
business in which changing the law is a significant part of the business plan. Regulatory …

Growing numbers of affordable housing advocates and community members are
questioning the premise that increasing the supply of market-rate housing will result in …

The past thirty years have seen a dramatic decline in the rate of income convergence across
states and in population flows to high-income places. These changes coincide with a …