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Keywords:housing costs 

Journal Article
Shifting Dynamics in Eighth District Cities

From 2017 to 2018, the cities of St. Louis, Little Rock, Louisville and Memphis had better commute times and cheaper housing but higher income inequality and lower median household incomes.
Bridges

Journal Article
Interview: Melissa Kearney

Over the past two decades, University of Maryland economist Melissa Kearney has been researching economic inequality and mobility, poverty, and children's well-being. She was first drawn to such topics, she says, by her own family's experiences.
Econ Focus , Volume 23 , Issue 3Q , Pages 16-20

Working Paper
Monopsony in Spatial Equilibrium

An emerging labor economics literature studies the consequences of firms exercising market power in local labor markets. These monopsony models have implications for trends in earnings inequality. The extent of this market power is likely to vary across local labor markets. In choosing what market to live and work in, workers trade off wages, rents and local amenities. Building on the Rosen/Roback spatial equilibrium model, we investigate how the existence of local monopsony power affects the cross-sectional spatial distribution of wages and rents across cities. We find an employment-weighted ...
Working Papers , Paper 1912

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