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A Companion to Urban Economics


Urban economics is a dynamic, constantly evolving subject, central to the study and practice of economics. Unique in both its rigor and international treatment, A Companion to Urban Economics provides a state-of-the-art overview of this field, communicating its intellectual richness through a diverse portfolio of authors and topics. The text provides a set of expert, conceptually interesting, and engagingly written essays that together demonstrate the spirit of modern urban economics. This Companion provides an ideal supplement to urban economic textbooks in upper-level undergraduate urban economics courses or in master's level and professional courses, and will provide students with the background needed to address advanced topics in urban economics.

Richard J. Arnott is Professor of Economics at Boston College, Massachusetts. His recent research focuses on the economics of urban transportation and he is author of Alleviating Urban Traffic Congestion (with Tilmann Rave and Ronnie Schöb, 2005). He has extensive editorial experience, including serving as an editor for the journals Regional Science and Urban Economics and Journal of Economic Geography and for the books Public Economics: Selected Papers by William Vickrey (1994) and Economics for an Imperfect World: Essays in Honor of Joseph E. Stiglitz (2003).

Daniel P. McMillen is Professor of Economics at the University of Illinois at Chicago, and a member of the Institute of Government and Public Affairs. His articles have been published in such journals as Review of Economics and Statistics, Journal of Urban Economics, Regional Science and Urban Economics, Journal of Business and Economic Statistics, and Real Estate Economics. He is co-author, with John McDonald, of Urban Economics and Real Estate: Theory and Policy (Blackwell, 2007).

List of Figures.

List of Tables.

List of Contributors.


Part I: Urbanization:.

1. The Micro-Empirics of Agglomeration Economies: Stuart S. Rosenthal (Syracuse University) and William C. Strange (University of Toronto).

2. Human Capital Externalities in Cities: Identification and Policy Issues:.

Gilles Duranton (University of Toronto).

3. The First Cities: Arthur O’Sullivan (Lewis & Clark College).

4. Cross-Country Patterns of Urban Development: Stephen Malpezzi (University of Wisconsin-Madison).

Part II: Urban Land Use:.

5. The Spatial Pattern of Land Use in the United States: Elena G. Irwin (Ohio State University) and Nancy E. Bockstael (University of Maryland).

6. Monocentric Cities: Marvin Kraus (Boston College).

7. Space in General Equilibrium: Marcus Berliant (Washington University) and Courtney LaFountain (University of Texas).

8. Testing for Monocentricity: Daniel P. McMillen (University of Illinois).

Part III: Housing and Real Estate:.

9. The Economic Theory of Housing Tenure Choice: Franz Hubert (Humboldt University).

10. Housing Policy: Low-Income Households in France: Anne Laferrère (INSEE) and David Le Blanc (World Bank).

11. Housing Demand: An International Perspective: Miki Seko (Keio University).

12. Discrimination in Mortgage Lending: Anthony M. Yezer (The George Washington University).

13. Commercial Real Estate: David Geltner (Massachusetts Institute of Technology).

14. Housing Price Indexes: Bradford Case (Federal Reserve Board).

Part IV: Urban Transportation:.

15. Urban Transport Economic Theory: Yoshitsugu Kanemoto (University of Tokyo).

16. Urban Passenger Travel Demand: André de Palma (Université de Cergy-Pontoise), Robin Lindsey (University of Alberta), and Nathalie Picard (Université de Cergy-Pontoise).

17. Urban Transportation and Land Use: John F. McDonald (University of Illinois).

18. Urban Transport Policies: The Dutch Struggle with Market Failures and Policy Failures: Piet Rietveld (Vrije Universiteit Amsterdam).

Part V: Urban Public Economics:.

19. Financing Cities: Robert P. Inman (University of Pennsylvania).

20. Strategic Interaction among Governments: Jan K. Brueckner (University of California, Irvine).

21. Property and Land Taxation: John Douglas Wilson (Michigan State University).

22. A Theory of Municipal Corporate Governance with an Application to Land-Use Regulation: William A. Fischel (Dartmouth College).

Part VI: Urban Labor Markets and Macroeconomics:.

23. Urban Labor Markets: Timothy J. Bartik (W. E. Upjohn Institute) and Randall W. Eberts (W. E. Upjohn Institute).

24. A Primer on Spatial Mismatch within Urban Labor Markets: Keith R. Ihlanfeldt (Florida State University).

25. Urban Labor Economic Theory: Yves Zenou (Research Institute of Industrial Economics, Stockholm).

26. Macroeconomic Analysis Using Regional Data: An Application to Monetary Policy: Gerald A. Carlino (Federal Reserve Bank of Philadelphia) and Robert H. DeFina (Villanova University).

27. Measuring and Analyzing Urban Employment Fluctuations: N. Edward Coulson (Pennsylvania State University).

Part VII: Quality of Life:.

28. Measuring Quality of Life: Glenn C. Blomquist (University of Kentucky).

29. Air Pollution in Cities: Matthew E. Kahn (Tufts University).

30. Urban Crime, Race, and the Criminal Justice System in the United States: Stephen Raphael (University of California, Berkeley) and Melissa Sills (University of California, Berkeley).

31. Ethnic Segregation and Ghettos: Alex Anas (State University of New York).