Selected Reading in Quantitative Urban Analysis

Selected Reading in Quantitative Urban Analysis

Author: Samuel J. Bernstein

Publisher: Elsevier

Published: 2013-10-22

Total Pages: 316

ISBN-13: 1483146464

DOWNLOAD EBOOK

Selected Readings in Quantitative Urban Analysis focuses on the use of quantitative approaches in analyzing urban problems. The areas discussed are overall urban models; urban models dealing with the basic economic factors of urban life (workers and jobs, housing, and transportation); urban models dealing with the provision of basic services (education, health care, fire, police, water, and sanitation); urban models dealing with the provision of the luxuries of urban life (theater, ballet, symphony); urban models dealing with how the decisions to provide these factors are made (policy formulation and the resolution of conflicting priorities). This book is comprised of 11 chapters and begins with an outline of the major areas of urban life, analyzed in a quantitative manner. Urban modeling is then introduced, and problems and pitfalls in urban model building are considered. The next section looks at the economic base of urban life, with emphasis on labor markets and labor force; urban housing markets and housing policy; and policy and policy models in transportation. Subsequent chapters explore essential urban services, including public education, community health services, fire protection, sanitation, and emergency medical services. The remaining sections discuss the amenities of urban life and urban politics and policy. This monograph should be useful to urban administrators and planners as well as students interested in urban problems.


The Anatomy of the Transmission of Macroprudential Policies

The Anatomy of the Transmission of Macroprudential Policies

Author: Viral V. Acharya

Publisher: International Monetary Fund

Published: 2020-05-22

Total Pages: 57

ISBN-13: 1513545159

DOWNLOAD EBOOK

We analyze how regulatory constraints on household leverage—in the form of loan-to-income and loan-to-value limits—a?ect residential mortgage credit and house prices as well as other asset classes not directly targeted by the limits. Supervisory loan level data suggest that mortgage credit is reallocated from low-to high-income borrowers and from urban to rural counties. This reallocation weakens the feedback loop between credit and house prices and slows down house price growth in “hot” housing markets. Consistent with constrained lenders adjusting their portfolio choice, more-a?ected banks drive this reallocation and substitute their risk-taking into holdings of securities and corporate credit.


Housing and the Financial Crisis

Housing and the Financial Crisis

Author: Edward L. Glaeser

Publisher: University of Chicago Press

Published: 2013-08-19

Total Pages: 0

ISBN-13: 9780226030586

DOWNLOAD EBOOK

Conventional wisdom held that housing prices couldn’t fall. But the spectacular boom and bust of the housing market during the first decade of the twenty-first century and millions of foreclosed homeowners have made it clear that housing is no different from any other asset in its ability to climb and crash. Housing and the Financial Crisis looks at what happened to prices and construction both during and after the housing boom in different parts of the American housing market, accounting for why certain areas experienced less volatility than others. It then examines the causes of the boom and bust, including the availability of credit, the perceived risk reduction due to the securitization of mortgages, and the increase in lending from foreign sources. Finally, it examines a range of policies that might address some of the sources of recent instability.