Invisible Ties, Internal Flights: the Influence of Non-cohabiting Family on Migration Decisions
Every year, about 1 in 20 Americans move across cities. Extensive research has highlighted relevant frictions in geographic mobility, indicating constraints on individuals’ ability to maximize professional, educational, or investment opportunities.
Fiscal Policy for Climate Change
Fiscal policy offers a number of levers to reduce carbon emissions. Climate change mitigation can for example be implemented through carbon taxation on the production or consumption side, or through debt-financed public investments in emission-reducing infrastructure.
François Le Grand
Fertility, Housing Costs and City Growth
Developed economies moved from a baby boom to a baby bust, with very low fertility in large urban centers. We develop a spatial theory of demographic change and urban growth, whereby the housing market acts as an endogenous automatic stabilizer of fertility: high housing costs deter fertility while lower demographic growth mitigates future housing price increase.