wip

Structural Change, Landuse and Urban Expansion (R&R @ REStud)
How do cities grow in the process of structural transformation? To answer this question, we develop a multi-sector spatial equilibrium …
Nicolas Coeurdacier, Marc Teignier, Florian Oswald
PDF Cite Appendix A Appendix B
Structural Change, Landuse and Urban Expansion (R&R @ REStud)
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.
Nicolas Coeurdacier, Pierre-Philippe Combes, Laurent Gobillon, Florian Oswald
Slides
Fertility, Housing Costs and City Growth