The recent financial crisis has been a powerful reminder that the intersectoral flow of funds is also -- always and everywhere -- a local phenomenon with real effects. Yet, the contemporary canon of regional economic theory has enshrined the classical dichotomy, treating the spheres of money and...

From regional redistribution through mortgage markets to the monetary policy effects on local house price dynamics, the Great Financial Crisis (GFC) has been a powerful reminder that money and credit matter for the evolution of the space economy. In addition to the spatially uneven impact of...