A presentation of some new evidence on differences in the causes of high- and low-frequency movements in employment, focusing on whether the components of cyclical and secular (regional) variations in job growth follow similar patterns.

An evaluation of the feasibility of using Home Mortgage Disclosure Act (HMDA) data to form quantitative measures of fair lending for use in enforcement. The authors find that cross-lender differences in minority and low-income originations primarily reflect differences in application rates, not...

An explanation of how regional wage and rent differentials can be used to classify metropolitan areas according to their amenity and productivity characteristics.

An exploration of why workers in large cities are more highly paid than their rural counterparts. The authors decompose city-size wage differentials into the portion due to worker traits and the portion due to intercity differences in wage structures and find that differences in worker-attribute...

A study of whether changes in unionism affect the aggregate level of employment in the economy and, in particular, whether an individual who lives in an SMSA where unions are weak is more likely to be employed than an individual who lives in an area where unions are strong.