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Housing expense inflation has historically averaged an annual growth rate of 3.0 percent. However, starting in early 2021 housing expense inflation surged, peaking at 8.2 percent by March 2023. Substance use also increased concurrently. This study investigates the impact of rising housing...
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type="main" <title type="main">ABSTRACT</title> <p>Most research on the art market focuses on the high end, composed of auction houses and a few well-known dealers. In this paper, we use a new database to examine the industry structure and location patterns of the New York art market, which consists largely of small,...</p>
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How New York City has maintained its position atop the global urban hierarchy as a leading player in the world and national economy is part of the broader discussion on why cities grow and why some remain at the top of the heap decade on decade. There are several dominant theories explaining New...
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This article is a natural extension of the current discussion on occupational clustering and economic growth. It is argued that, while there has been increased interest in the role of occupations, little has been done from a methodological and empirical approach to discover how the study of...
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