How should governments design neighborhood-based policies to improve long-run outcomes for children, once one accounts for general equilibrium (GE) forces—endogenous rents, neighborhood quality, …
Online FirstReview of Economic StudiesOnline 19 May 2026
Howard and Shao document a new empirical regularity in U.S. internal migration: the t-year interstate migration rate — defined as the share of people living in a different state than they did t years …
PublishedJournal of Monetary EconomicsPublished Mar 2026
This paper asks why unemployment rates differ so persistently across local labor markets, and what role job creation and job destruction play in generating those differences. The authors document a …