Found 5 article(s) for author 'Kristina Tobio'

Housing Booms and City Centers

Housing Booms and City Centers. Edward Glaeser, Kristina Tobio, Joshua Gottlieb, March 2012, Paper. “Popular discussions often treat the great housing boom of the 1996-2006 period as if it were a national phenomenon with similar impacts across locales, but across metropolitan areas, price growth was dramatically higher in warmer, less educated cities with less initial density and higher initial housing values. Within metropolitan areas, price growth was faster in neighborhoods closer to the city center. The centralization of price growth during the boom was particularly dramatic in those metropolitan areas where income is higher away from the…” Link

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Cities, Skills and Regional Change

Cities, Skills and Regional Change. Edward Glaeser, Kristina Tobio, April 2011, Paper. “One approach to urban areas emphasizes the existence of certain immutable relationships, such as Zipf’s or Gibrat’s law. An alternative view is that urban change reflects individual responses to changing tastes or technologies. This paper examines almost 200 years of regional change in the United States and finds that few, if any, growth relationships remain constant, including Gibrat’s law. Education does a reasonable job of explaining urban resilience in recent decades, but it does not seem to predict county growth a century ago. After reviewing this evidence…” Link

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The Varieties of Regional Change

The Varieties of Regional Change. Edward Glaeser, Kristina Tobio, Giacomo Ponzetto, June 2010, Paper. “Many metropolitan areas have experienced extreme boom-bust cycles over the past century. Some places, like Detroit, grew enormously as industrial powerhouses and then declined, while other older cities, like Boston, seem quite resilient. Education does a reasonable job of explaining urban resilience. In this paper, we present a simple model where education increases the level of entrepreneurship. In this model, human capital spillovers occur at the city level because skilled workers produce more product varieties and thereby…” Link

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Inequality in Cities

Inequality in CitiesEdward Glaeser, Kristina Tobio, October 1, 2009, Paper. “Much of the inequality literature has focused on national inequality, but local inequality is also important. Crime rates are higher in more unequal cities; people in unequal cities are more likely to say that they are unhappy. There is a negative association between local inequality and the growth of city-level income and population, once we control for the initial distribution of skills. High levels of mobility across cities mean that city-level inequality should not be studied with the same analytical tools used…” May require purchase or user account. Link

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The Rise of the Sunbelt

The Rise of the Sunbelt. Edward Glaeser, Kristina Tobio, April 2007, Paper. “In the last 50 years, population and incomes have increased steadily throughout much of the Sunbelt. This paper assesses the relative contributions of rising productivity, rising demand for Southern amenities and increases in housing supply to the growth of warm areas, using data on income, housing price and population growth. Before 1980, economic productivity increased significantly in warmer areas and drove the population growth in those places. Since 1980, productivity growth has been more modest, but housing supply growth has been…” Link

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