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Cities, Agglomeration, and Spatial Equilibrium (The Lindahl Lectures)
 
 
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Cities, Agglomeration, and Spatial Equilibrium (The Lindahl Lectures) [Hardcover]

Edward L. Glaeser (Author)

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Book Description

019929044X 978-0199290444 September 15, 2008
220 million Americans crowd together in the 3% of the country that is urban. 35 million people live in the vast metropolis of Tokyo, the most productive urban area in the world. The central city of Mumbai alone has 12 million people, and Shanghai almost as many. We choose to live cheek by jowl, in a planet with vast amounts of space. Yet despite all of the land available to us, we choose to live in proximity to cities. Using economics to understand this phenomenon, the urban economist uses the tools of economic theory and empirical data to explain why cities exist and to analyze urban issues such as housing, education, crime, poverty and social interaction.

Drawing on the success of his Lindahl lectures, Edward Glaeser provides a rigorous account of his research and unique thinking on cities. Using a series of simple models and economic theory, Glaeser illustrates the primary features of urban economics including the concepts of spatial equilibrium and agglomeration economies. Written for a mathematically inclined audience with an interest in urban economics and cities, the book is written to be accessible to theorists and non-theorists alike and should provide a basis for further empirical work.

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Review

Provides insights into the most recent theoretical advances achieved in a specific area of urban economics...recommended. Italian Journal of Regional Science

About the Author


Edward L. Glaeser is a Professor of Economics at Harvard University, where he has taught since 1992. He teaches urban and social economics and microeconomic theory, and has published dozens of papers on cities, economic growth, and law and economics. He is a Faculty Research Fellow for the National Bureau of Economic Research, and has also been a consultant for numerous international international institutions.

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More About the Author

Edward Glaeser is the Fred and Eleanor Glimp Professor of Economics at Harvard. He is widely regarded as one of the most innovative thinkers around and when not teaching has spent his professional life walking around and thinking about cities.

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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
spatial equilibrium assumption, spatial equilibrium concept, spatial equilibrium approach, high amenity housing, spatial equilibrium condition, reservation locale, more segregated areas, urban wage premium, amenity flow, core equations, supply heterogeneity, new first order condition, spatial equilibrium model, housing price growth, high amenity area, amenity growth, amenity index, multiple skill levels, labor market pooling, human capital spillovers, example functional form, local price levels, marginal resident, income heterogeneity, high price areas
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Actors Working, Actors Individuals They, Actors Firms, Proof of Proposition, Bachelor's Degree, Jane Jacobs, Silicon Valley, Log Change, United States, Actors Housing, Las Vegas, Actors Rich, Notation Same, Alfred Marshall, Joseph Gyourko, Actors Employees, Wall Street, John Kain, Henry George, Log of Income, Housing Price Dynamics, Endogenous Price
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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