Urban Economics and Fiscal Policy

Urban Economics and Fiscal Policy PDF

Author: Holger Sieg

Publisher: Princeton University Press

Published: 2020-08-04

Total Pages:

ISBN-13: 0691199973

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An innovative advanced-undergraduate and graduate-level textbook in urban economics With more than half of today’s global GDP being produced by approximately four hundred metropolitan centers, learning about the economics of cities is vital to understanding economic prosperity. This textbook introduces graduate and upper-division undergraduate students to the field of urban economics and fiscal policy, relying on a modern approach that integrates theoretical and empirical analysis. Based on material that Holger Sieg has taught at the University of Pennsylvania, Urban Economics and Fiscal Policy brings the most recent insights from the field into the classroom. Divided into short chapters, the book explores fiscal policies that directly shape economic issues in cities, such as city taxes, the provision of quality education, access to affordable housing, and protection from crime and natural hazards. For each issue, Sieg offers questions, facts, and background; illuminates how economic theory helps students engage with topics; and presents empirical data that shows how economic ideas play out in daily life. Throughout, the book pushes readers to think critically and immediately put what they are learning to use by applying cutting-edge theory to data. A much-needed resource for students and policymakers, Urban Economics and Fiscal Policy offers a unique approach to a vital and fast-growing area of economic study. Introduces advanced-undergraduate and graduate students to urban economics Presents the latest theoretical and empirical research Applies economic tools to real-world issues, including housing, labor, education, crime, and the environment Explains and uses simple economic models and quantitative analysis

Urban Economics and Urban Policy

Urban Economics and Urban Policy PDF

Author: Paul C. Cheshire

Publisher: Edward Elgar Publishing

Published: 2014-05-30

Total Pages: 256

ISBN-13: 1781952523

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øThis groundbreaking book will prove to be an invaluable resource and a rewarding read for academics, practitioners and policymakers interested in the economics of urban policy, urban planning and development, as well as international studies and innov

Urban Economy

Urban Economy PDF

Author: Colin Jones

Publisher: Routledge

Published: 2021-10-21

Total Pages: 417

ISBN-13: 1000465829

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Urban Economy: Real Estate Economics and Public Policy analyses urban economic change and public policy in a more practical way than a typical urban economics book. The book has a distinctive framework that considers the underlying reasons, and the consequences of urban change for real estate investors and policy makers. Part 1 covers the basics of urban economics and real estate markets, including housing and commercial. Part 2 looks at the reformulation of urban systems and the reasons why. It then considers the consequences for real estate markets and investment of decentralisation forces and emerging technology. The issues that arise for urban public policy are then discussed, notably transport policies, public finance and sustainability, before a chapter examining housing neighbourhood and housing market dynamics and a shift from spatial change to regeneration. Part 3 reverses the dominant perspective of Part 2 to assess the effectiveness of how property led policies can positively influence a local economy and urban regeneration. The chapters consider several important policy questions and constraints and draw on a number of case studies that illustrate the benefits and drawbacks. The book includes chapter objectives, self-assessment questions, chapter summaries, learning outcomes, case studies, global data and statistics and is a new textbook for core courses in urban economics and real estate economics on global Real Estate, Planning and related degree courses.

Fiscal Policy after the Financial Crisis

Fiscal Policy after the Financial Crisis PDF

Author: Alberto Alesina

Publisher: University of Chicago Press

Published: 2013-06-25

Total Pages: 596

ISBN-13: 022601844X

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The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spending. At the heart of the debate are fiscal multipliers, whose size and sensitivity determine the power of such policies to influence economic growth. Fiscal Policy after the Financial Crisis focuses on the effects of fiscal stimuli and increased government spending, with contributions that consider the measurement of the multiplier effect and its size. In the face of uncertainty over the sustainability of recent economic policies, further contributions to this volume discuss the merits of alternate means of debt reduction through decreased government spending or increased taxes. A final section examines how the short-term political forces driving fiscal policy might be balanced with aspects of the long-term planning governing monetary policy. A direct intervention in timely debates, Fiscal Policy after the Financial Crisis offers invaluable insights about various responses to the recent financial crisis.

The Oxford Handbook of Urban Economics and Planning

The Oxford Handbook of Urban Economics and Planning PDF

Author: Nancy Brooks

Publisher: Oxford University Press

Published: 2012-01-12

Total Pages: 1027

ISBN-13: 0195380622

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This volume embodies a problem-driven and theoretically informed approach to bridging frontier research in urban economics and urban/regional planning. The authors focus on the interface between these two subdisciplines that have historically had an uneasy relationship. Although economists were among the early contributors to the literature on urban planning, many economists have been dismissive of a discipline whose leading scholars frequently favor regulations over market institutions, equity over efficiency, and normative prescriptions over positive analysis. Planners, meanwhile, even as they draw upon economic principles, often view the work of economists as abstract, not sensitive to institutional contexts, and communicated in a formal language spoken by few with decision making authority. Not surprisingly, papers in the leading economic journals rarely cite clearly pertinent papers in planning journals, and vice versa. Despite the historical divergence in perspectives and methods, urban economics and urban planning share an intense interest in many topic areas: the nature of cities, the prosperity of urban economies, the efficient provision of urban services, efficient systems of transportation, and the proper allocation of land between urban and environmental uses. In bridging this gap, the book highlights the best scholarship in planning and economics that address the most pressing urban problems of our day and stimulates further dialog between scholars in urban planning and urban economics.

City Life-Cycles and American Urban Policy

City Life-Cycles and American Urban Policy PDF

Author: R. D. Norton

Publisher: Elsevier

Published: 2013-10-22

Total Pages: 200

ISBN-13: 1483218945

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City Life-Cycles and American Urban Policy is an interdisciplinary study of differential urban development in the United States since 1945 that aims to place urban policy choices in historical perspective. The book discusses the issues and establishes a framework within which relevant quantitative measurements can be interpreted. The text also describes systematic empirical tests, which typically take the form of regression equations, and traces city population changes into two proximate causes: annexation and urban growth. The reasons for annexation contrasts among the nation’s largest cities; the second-city growth determinant; and the institutional explanation for fiscal differential among large cities are also considered. The book further tackles the issue of federal fiscal assistance to declining cities. Economists will find the book invaluable.

Urban Public Finance

Urban Public Finance PDF

Author: D. Wildasin

Publisher: Routledge

Published: 2013-09-05

Total Pages: 200

ISBN-13: 1136473106

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Considers such issues as the effect of local government policies on migration, the optimal size of cities, tax and expenditure capitalization, the economics of intergovernmental transfers, tax exporting and tax competition.

The Rise and Fall of Urban Economies

The Rise and Fall of Urban Economies PDF

Author: Michael Storper

Publisher: Stanford University Press

Published: 2015-09-02

Total Pages: 328

ISBN-13: 0804796025

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Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively further behind its neighbor to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growth—luck, immigration, local economic policies, and the pool of skilled labor—do not account for the contrast between the two cities and their fates. So what does? The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on its workings. The authors argue that it is essential to understand the interactions of three major components—economic specialization, human capital formation, and institutional factors—to determine how well a regional economy will cope with new opportunities and challenges. Drawing on economics, sociology, political science, and geography, they argue that the economic development of metropolitan regions hinges on previously underexplored capacities for organizational change in firms, networks of people, and networks of leaders. By studying San Francisco and Los Angeles in unprecedented levels of depth, this book extracts lessons for the field of economic development studies and urban regions around the world.