Journal of Urban Economics

Editors: Stuart Rosenthal Syracuse University, Syracuse, NY, USA, William Strange University of Toronto, Toronto, ON, Canada, Co-Editors: Dan Black University of Chicago, Chicago, IL, USA, Gilles Duranton University of Toronto, Toronto, ON, Canada, Robert Helsley University of California at Berkeley, Berkeley, CA, USA, Assistant to the Editors: Kelly Bogart Syracuse University, Syracuse, NY, USA, Editorial Board: Alex Anas State University of New York (SUNY) at Buffalo, Buffalo, NY, USA, Jan Brueckner University of California at Irvine, Irvine, CA, USA, Sam Bucovetsky York University, North York, ON, Canada, Pierre Philippe Combes GREQAM, Marseille Cedex 2, France, Edward Coulson Pennsylvania State University, University Park, PA, USA, David N. Figlio Northwestern University, Evanston, IL, USA, Stuart Gabriel University of California at Los Angeles, Los Angeles, CA, USA, Edward Glaeser Harvard University, Cambridge, MA, USA, Joseph Gyourko University of Pennsylvania Wharton School, Philadelphia, PA, USA, Donald Haurin Ohio State University, Columbus, OH, USA, Vernon Henderson Brown University, Providence, RI, USA, Thomas Holmes University of Minnesota, St. Paul, MN, USA, William Hoyt University of Kentucky, Lexington, KY, USA, Keith Ihlanfeldt Florida State University, Tallahassee, FL, USA, Matthew E. Kahn University of California at Los Angeles, Los Angeles, CA, USA, Kangoh Lee San Diego State University (SDSU), San Diego, CA, USA, Christopher Mayer Columbia University, New York, NY, USA, Daniel McMillen University of Illinois at Urbana-Champaign, Urbana, IL, USA, Tomoya Mori Kyoto University, Kyoto, Japan, David B. Neumark University of California at Irvine, Irvine, CA, USA, Francois Ortalo-Magné University of Wisconsin at Madison, Madison, WI, USA, Gianmarco Ottaviano Università di Bologna, Bologna, Italy, Giovanni Peri University of California at Davis, Davis, CA, USA, David Pines Tel Aviv University, Ramat Aviv, Tel Aviv, Israel, Diego Puga Madrid Institute for Advanced Studies (IMDEA), Tres Cantos, Madrid, Spain, Richard Romano University of Florida, Gainesville, FL, USA, Stephen Ross University of Connecticut, Storrs, CT, USA, Esteban Rossi-Hansberg Princeton University, Princeton, NJ, USA, Todd Sinai University of Pennsylvania Wharton School, Philadelphia, USA, Kenneth Small University of California at Irvine, Irvine, CA, USA, Jon Sonstelie University of California, Santa Barbara, CA, USA, Takatoshi Tabuchi University of Tokyo, Tokyo, Japan, Geoffrey Turnbull Georgia State University, Atlanta, GA, USA, Matthew Turner University of Toronto, Toronto, ON, Canada, Erik Verhoef Vrije Universiteit Amsterdam, Amsterdam, Netherlands, William Wheaton Massachusetts Institute of Technology (MIT), Cambridge, USA, David Wildasin University of Kentucky, Lexington, KY, USA, John Yinger Syracuse University, Syracuse, NY, USA, Yves Zenou Stockholms Universitet, Stockholm, Sweden