Municipal zoning, shockingly, may be the most consequential regulatory program in the United States. This article reports findings derived from an examination of provisions of zoning ordinances and zoning maps, [...]
The Community Reinvestment Act (CRA) requires banks to lend to low- and moderate-income (LMI) households in the areas where they take deposits. But it has become obsolete. When the CRA [...]
Financial crisis can trigger policy reversals, i.e. they can lead to a process of re- regulation of financial markets. Using a recent comprehensive dataset on financial liberalization across 94 countries [...]
The term “free trade” has been grossly misused in trade debates. Free trade has generally meant removing barriers on trade in goods, the effect of which is to put downward [...]
While recent research has illustrated the frequency and deleterious consequences of eviction, the number of executed evictions pales in comparison to the number of poor families threatened with eviction. This [...]
Worldwide, land ownership is concentrated in the hands of relatively few people. This paper studies the impacts of land concentration on the long-run development of communities founded in the frontier [...]
The Great Recession during the late 2000s and early 2010s has led to a strengthening of macroprudential policies over the world in order to address systemic risk concerns. However, the [...]
After the boom in US subprime lending came the bust - with a run on US shadow banks. The magnitude of boom and bust were, it seems, amplified by two [...]
We analyze how frivolous patent-infringement claims made by non-practicing entities (NPEs, or "patent trolls") affect startups' ability to grow and create jobs, innovate, and raise capital. Our identification strategy exploits [...]
Hence this report, which aims to help leaders understand how, and how much, changing demands for place are influencing the clustering of jobs both across and within metropolitan areas. The [...]