August 7, 2018, 7am PDT
"Prices will march on as they have," even if regulations relax to allow more housing supply in the market, according to a recent study by the Federal Reserve.
July 21, 2016, 12pm PDT
A recent study by Trulia concentrates on elasticity (i.e., the rate at which housing stock grows, relative to demand), and arrives at the conclusion that bureaucracy, not regulation, is responsible for rising housing prices.
February 24, 2015, 6am PST
With SUV sales up, car sales down, and mileage driven up, the effects of lower gas prices could soon extend to land use, making suburban and exurban commuting more affordable. Economists have a term for these effects: demand response.
The Wall Street Journal - The Outlook
December 4, 2011, 11am PST
Eric Jaffe reports on new research by urban travel behavior expert Bradley Lane of U. of Texas/El Paso on elasticity of gas prices and bus and rail ridership. Interestingly, rail ridership spiked twice as much as bus ridership when gas prices rose.