What question did this study set out to answer?

This research aims to quantify spatial misallocation of labor due to housing constraints and assess its economic impact.

Housing Constraints and Spatial Misallocation

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Quantifying spatial misallocation of labor reveals significant economic costs in major US cities, indicating the need for policy reforms.

This research aims to quantify spatial misallocation of labor due to housing constraints and assess its economic impact.
Utilized a spatial equilibrium model
Analyzed data from 220 metropolitan areas
Measured economic growth impacts from 1964 to 2009
Found that housing constraints reduced US economic growth by 36 percent from 1964 to 2009.

Hsieh et al. (2019) studied this question.

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