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ASSIGNMENT (All Assignments are Subject to Change) |
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PART I – Productivity and Cities |
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Scale Economies and Transport Costs in City Formation |
Feb 8, 10, 15, 17 |
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Evidence on the Nature and Sources of Agglomeration Economies, Ch 49, Handbook of Regional and Urban Economics (2004) |
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The Micro-Empirics of Agglomeration Economies |
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Krugman, Paul, Localization, Chapter 2 in Geography and Trade, MIT Press, 33-67, (1991). |
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The Geographic Scope of Agglomeration Economies |
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Geography, Industrial Organization and Agglomeration |
Feb 22, 24, March 1 |
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How Close is Close? The Spatial Reach of Agglomeration Economies |
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The Attenuation of Human Capital Spillovers |
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Building Specialization, Anchor Tenants and Agglomeration Economies |
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Measuring Agglomeration and City Borders |
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Testing for Localisation Using Micro-Geographic DataWhat Causes Industry Agglomeration? Evidence from Coagglomeration Patterns |
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Building(s and) cities: Delineating urban areas with a machine learning algorithm |
March 3 (Jooyoung & Jorge) |
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What is Different About Urbanization in Rich and Poor Countries? Cities in Brazil, China, India and the United States |
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Cities, Lights and Skills in Developing Economies |
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Microfoundations of Agglomeration Economies |
March 8 (Joyce & Zhe) |
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Cities and Skills |
March 10 (Kyuhan & Brian |
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Learning By Working in Big Cities |
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Local Government Policy and Growth |
March 17 (Harrison & Matt) |
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The Political Economy of Coastal Development |
March 22 (Zhouran & Fan) |
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Political favoritism in China’s capital markets and its effect on city sizes |
March 24 |
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Tax Avoidance and Business Location in a State Border Model |
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PART 2: Change and Persistence Within and Across Cities |
March 24 |
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Change and Persistence in the Economic Status of Neighborhoods and Cities, pg 1048-1054, 1088-1106, Handbook of Regional and Urban Economics (2015) |
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Local Amenities and Life Cycle Migration: Do People Move for Jobs or Fun? |
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Power Couples: Changes in the Locational Choice of the College Educated, 1940-1990 |
March 29, 31 |
Prof |
Urban Decline and Durable Housing |
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Urban Evolutions: The Fast, the Slow, and the Still |
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Industry Churning and the Evolution of cities: Evidence for Germany |
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Urban Growth and Transportation |
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Does investment in national highways help or hurt hinterland city growth? |
April 5, 7, 12 |
Prof |
Change and Persistence in the Economic Status of Neighborhoods and Cities, pg 1054-1088, Ch Handbook of Regional and Urban Econ (2015) |
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Did Highways Cause Suburbanization? |
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Why Do the Poor Live in Cities? The Role of Public Transport |
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Old Homes, Externalities, and Poor Neighborhoods: A Model of Urban Decline and Renewal |
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Gentrification and Neighborhood Cycles: Will America’s Future Downtowns Be Rich? |
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Are Private Markets and Filtering a Viable Source of Low-Income Housing? Estimates from a “Repeat Income” Model |
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PART 3: Uncertainty and Volatility in Real Estate Markets |
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Real Options in Urban Development |
April 14 |
Prof |
Investment Under Uncertainty, Ch 1 and 2, Dixit and Pindyck |
April 19 |
Kyuhan |
Growth Controls, Real Options and Land Development |
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Jorge |
House Price Uncertainty, Timing of Development, and Vacant Land Prices: Evidence for Real Options in Seattle |
April 21 |
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NO CLASS |
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Marketing Real Estate Under Uncertainty |
April 26 |
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The Microstructure of Housing Markets: Search, Bargaining, and Brokerage” Handbook of Regional and Urban Economics, Volume 5 |
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Jooyoung |
What is the Role of the Asking Price for a House? |
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Joyce |
Bidding Wars for Houses |
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Efficiency and Boom-Bust Episodes in Real Estate Markets |
April 28 |
Prof |
A Nation of Gamblers: Real Estate Speculation and American History Housing Supply and Housing Bubbles Why do home prices appreciate faster in central cities?
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May 3 |
Harrison |
Housing Price Bubbles, New Supply and Within-City Dynamics |
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Fan |
A Real Estate Boom With Chinese Characteristics |
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Land Supply Restrictions |
May 5 |
Zhouran |
To Build Above the Limit? Implementation of Land Use Regulations in Urban China |
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Zhe |
Measuring the Stringency of Land Use Regulations |
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PART 4: Additional Topics |
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Mortgage Default and Home Prices |
May 10 |
Brian |
The Contagion Effect of Neighboring Foreclosures |
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Estimates of the Size and Source of Price Declines Due to Nearby Foreclosures |
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Crime and Property Markets |
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Matt |
Terrorism and the value of proximity to public transportation: Evidence from the 2005 London bombings |
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Do Foreclosures Cause Crime |
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COVID-19 and Cities |
May 12 |
Prof |
Are City Centers Losing Their Appeal? Commercial Real Estate, Urban Spatial Structure, and COVID-19 |
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JUE Insight: The geographic spread of COVID-19 correlates with the structure of social networks as measured by Facebook |
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