Dual Earners, Urban Labor Markets and Housing Demand

Urban Labor Markets

Urban labor markets are characterized by the spatial proximity of households and businesses, which offers firms and workers advantages that lead to more efficient markets, enhanced productivity, and greater economic success. Nevertheless, the nation's city, while generating a large proportion of the nation's wealth, houses much of the nation's economic disadvantaged workers. This paper describe...

Vacancies in Housing and Labor Markets

The housing and business cycles are clearly tied together and this has been documented in the recent literature. Our analysis of the housing and labor markets is based on a DMP model for interdependent housing and labor markets that gives rise naturally to vacancy rates in housing and labor markets. We estimate the model using data at the MSA level on housing vacancies from the US Census Bureau...

Trade, Urban Systems, and Labor Markets

Essays on the Functioning of Housing and Labor Markets

The first chapter consists of my job-market paper. The foreclosure rate of subprime mortgages increased markedly across 2003-2007 borrower cohorts-subprime mortgages originated in 20062007 were roughly three times more likely to default within three years of origination than mortgages originated in 2003-2004. Many have argued that this surge in subprime defaults represents a deterioration in su...

Selected Readings In Urban Policy Analysis URBAN HOUSING MARKETS AND HOUSING POLICY