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A companion to urban economics
In deciding whom to invite to write the essays, we had three considerations in mind. We wanted the essays to be lively, stimulating, and well written. We also leaned toward up-and-coming stars rather than senior leaders in the field, who are chronically overcommitted and who right now are suffering from exposition fatigue. Finally, to make the book more appealing to non-US readers and also to combat the American parochialism of the field, we leaned toward experts from outside North America.
Our organization of the essays into subfields is quite standard: urbanization, urban land use/spatial structure, housing/real estate, urban transportation, urban public economics, urban labor markets and macroeconomics, and urban quality of life. At the beginning of subfield’s set of essays, we provide a brief
introduction that aims only to place the essays in the context of the corresponding literature.
Perhaps more than any other field of economics, urban economics studies the quotidian – what we encounter every day in our journeys to work, in the errands we run, and in the neighborhoods in which we live. Attempting to explain what we all observe and experience accounts for the field’s strong empirical bent. At the same time, the subject matter is The City, a physical manifestation of civilization in all its glory and disgrace. We hope that the essays in the Companion, taken as a whole, convey not only the technical accomplishments of the field, but also its fascination.
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