Search Results
Journal Article
House price differentials and dynamics: evidence from the Los Angeles and San Francisco metropolitan areas
This paper applies insights from economic theory to explain recent housing price patterns in California's two largest metropolitan areas. We pay particular attention to the role of migration between metropolitan areas in explaining overall housing price dynamics for a given metropolitan area, and we show how household mobility within a metropolitan area tends to attenuate price pressures in the most supply-constrained places. In reviewing various models' ability to explain California's house price patterns, we also provide some historical perspective on California's urban structure, ...
Journal Article
The slowing exodus from California
Journal Article
Regional effects of the peso devaluation
Journal Article
California IPO wealth effects: what's left?
Working Paper
Prices by industry-based stage-of-process
Journal Article
Capacity utilization and structural change
Journal Article
On the efficiency effects of tax competition for firms
Journal Article
Is state and local competition for firms harmful?
Journal Article
Reasons for public support of research and development
Journal Article
Western update