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Keywords:Land use 

Journal Article
How responsive is the demand for residential land to changes in its price?

Richard Voith's estimates help measure the effect of public policies on land consumption in the United States.
Business Review , Issue Q3 , Pages 33-40

Working Paper
The effect of local housing ordinances

The housing and economic crises have exerted a strong and lingering impact on housing markets across the nation. In this paper, we assess the degree to which local anti-blight policies have infl uenced housing market outcomes following the crises. The analysis is performed for cities in Cuyahoga County, Ohio. We measure outcomes that characterize market distress and that may be influenced by local housing ordinances including foreclosure, bulk sales, flipping, vacancy, and tax delinquency. Using matching procedures on linked data containing property, loan, and transaction characteristics, we ...
Working Papers (Old Series) , Paper 1240

Working Paper
A tractable circular city model with an application to the effects of development constraints on land rents

Superseded by working paper 13-37.> A tractable production-externality-based circular city model in which both firms and workers choose location as well as intensity of land use is presented. The equilibrium structure of the city has either (i) no commuting ("mixed-use" form) or (ii) a central business district (CBD) of positive radius and a surrounding residential ring. Regardless of which form prevails, the intra-city variation in all endogenous variables displays the negative exponential form: x(r) = x(0)exr (where r is the distance from the city center and x depends only on preference ...
Working Papers , Paper 12-25

Working Paper
Productivity, congested commuting, and metro size

The monocentric city model is generalized to a fully structural form with leisure in utility, congested commuting, and the equalizing of utility and perimeter land price across metros. Exogenous and agglomerative differences in total factor productivity (TFP) drive differences in metro population, radius, land use, commute time, and home prices. Quantitative results approximate observed correspondences among these outcomes across U.S. metros. Traffic congestion proves the critical force constraining population. Self-driving cars significantly increase the sensitivity of metro population to ...
Research Working Paper , Paper RWP 16-3

Journal Article
Recycling urban vacant land inch by inch, row by row: neighbors reclaim neighborhoods

Vacant, abandoned, and contaminated properties in urban areas can provide opportunities for neighborhood transformation- even new jobs. Examples in the Northeast show that sometimes all it takes to get the ball rolling is a group of visionary gardeners.
Communities and Banking , Issue Spr , Pages 18-20

Journal Article
Policy update : Tribes seek Uncle Sam's seal of approval

Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q4/policy_update_weblinks.cfm
Econ Focus , Volume 15 , Issue 4Q , Pages 7

Journal Article
Perspective: a New England approach to preserving open space

New England is known for the beauty of its natural landscape and the political independence of its cities and towns. Can we devise policies to preserve both?
Regional Review , Volume 12 , Issue Q 1

Journal Article
Green is good: Many believe paying farmers for better environmental outcomes is an idea worth fertilizing

Fedgazette , Volume 14 , Issue Mar , Pages 6-8

Journal Article
The impact of building restrictions on housing affordability

This paper was presented at the conference "Policies to Promote Affordable Housing," cosponsored by the Federal Reserve Bank of New York and New York University's Furman Center for Real Estate and Urban Policy, February 7, 2002. It was part of Session 2: Affordable Housing and the Housing Market.
Economic Policy Review , Issue Jun , Pages 21-39

Journal Article
Housing reform in New Jersey: the Mount Laurel decision

Quarterly Review , Volume 10 , Issue Win

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