Cities, Agglomeration, and Spatial Equilibrium
By (author) Edward L. Glaeser
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Cities, Agglomeration, and Spatial Equilibrium by Edward L. Glaeser
Book Description220 million Americans crowd together in the 3% of the country that is urban. 35 million people live in the vast metropolis of Tokyo, the most productive urban area in the world. The central city of Mumbai alone has 12 million people, and Shanghai almost as many. We choose to live cheek by jowl, in a planet with vast amounts of space. Yet despite all of the land available to us, we choose to live in proximity to cities. Using economics to understand this phenomenon, the urban economist uses the tools of economic theory and empirical data to explain why cities exist and to analyze urban issues such as housing, education, crime, poverty and social interaction. Drawing on the success of his Lindahl lectures, Edward Glaeser provides a rigorous account of his research and unique thinking on cities. Using a series of simple models and economic theory, Glaeser illustrates the primary features of urban economics including the concepts of spatial equilibrium and agglomeration economies. Written for a mathematically inclined audience with an interest in urban economics and cities, the book is written to be accessible to theorists and non-theorists alike and should provide a basis for further empirical work.
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Book DetailsISBN: 9780199290444
(223mm x 144mm x 20mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 3-Jul-2008
Country of Publication: United Kingdom
Books By Author Edward L. Glaeser
Housing and the Financial Crisis, Hardback (September 2013)
Conventional wisdom held that housing prices couldn't fall. This book looks at what happened to prices and construction both during and after the housing boom in different parts of the American housing market, accounting for why certain areas experienced less volatility than others. It then examines the causes of the boom and bust.
Exploring General Equilibrium, Paperback (June 2010)
An incisive, unconventional assessment of general equilibrium theory; with a previously unpublished paper.
Agglomeration Economics, Hardback (April 2010)» View all books by Edward L. Glaeser
When firms and people are located near each other in cities and in industrial clusters, they benefit in various ways, including by reducing the costs of exchanging goods and ideas. This title includes essays that examine the reasons why economic activity continues to cluster together despite the falling costs of moving goods and information.
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Author Biography - Edward L. Glaeser
Edward L. Glaeser is a Professor of Economics at Harvard University, where he has taught since 1992. He teaches urban and social economics and microeconomic theory, and has published dozens of papers on cities, economic growth, and law and economics. He is a Faculty Research Fellow for the National Bureau of Economic Research, and has also been a consultant for numerous international international institutions.
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