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Why do storefronts remain empty for more than a year in some of the world’s highest-rent retail districts? Landlords with vacancies derive option value from two sources of…

This paper was originally presented at A Shared Future: Fostering Communities of Inclusion in an Era of Inequality, a national symposium hosted by the Harvard Joint…

W06-4: Metropolitan Boston, one of the nation’s largest urban areas, is in the midst of sweeping transformations. It is growing slowly in population but is sprawling…

W99-5: During the 1990s, U.S. population and employment have grown most quickly at the lower density fringes of metropolitan areas and in certain non-metropolitan…

W99-5: During the 1990s, U.S. population and employment have grown most quickly at the lower density fringes of metropolitan areas and in certain non-metropolitan…

W99-2: In spite of warnings to exercise caution when using the Current Population Survey to track trends between 1993 and later years because of major changes since 1994…

W98-8: Homeownership is still a prime goal for Americans, and a rising homeownership rate is good for our country. Families, especially lower-income families, build up…