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Cited by 986

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Urban Decline and Durable Housing

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Glaeser, Edward L., Gyourko, Joseph·2005·Journal of Political Economy
DOI 10.1086/427465
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Abstract

People continue to live in many big American cities, because in those cities housing costs less than new construction.While cities may lose their productive edge, their houses remain and population falls only when housing depreciates.This paper presents a simple durable housing model of urban decline with several implications which document: (1) urban growth rates are leptokurtotic --cities grow more quickly than they decline, (2) city growth rates are highly persistent, especially amount declining cities, (3) positive shocks increase population more than they increase housing prices, (4) negative shocks decrease housing prices more than they decrease population, (5) the relationship between changes in housing prices and changes in population is strongly concave, and (6) declining cities attract individuals with low levels of human capital.

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Cites

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Research works printed but not linked: 28

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Metadata

Authors
Glaeser, E. L., & Gyourko, J.
Venue
Journal of Political Economy
Publisher
University of Chicago Press
Published
2005-04
Volume
113
Issue
2
Pages
345-375
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
DOI
10.1086/427465
OpenAlex
W2891974860
Cited by
986
References
1
FWCI
93.90
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Urban Decline and Durable Housing. https://app.cochat.ai/papers/10.1086/427465
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Glaeser, E. L., & Gyourko, J. (2005). Urban Decline and Durable Housing. Journal of Political Economy. https://doi.org/10.1086/427465

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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