Jordan Rappaport is a senior economist at the Federal Reserve Bank of Kansas City. He joined the Bank in 1999 following completing his Ph.D. in economics at Harvard Univerity. Jordan also holds a bachelors' degree from Brown University, from which he graduated in 1990. Jordan's research focuses on issues related to local growth. His articles for the Bank's Economic Review primarily focus on U.S. metropolitan area growth and on housing. His empirical research published in peer-reviewed journals has documented the persistence and causes of long run local population growth. His published theoretical research shows that even small costs associated with moving are sufficient to cause high persistence in net population flows and that small productivity and amenity differences can cause very large differences in local population density. Jordan is an associate editor of Regional Science and Urban Economics and the Journal of Regional Science.
Professional Journals and Books
"The Settlement of the United States, 1800–2000: The Long Transition Towards Gibrat’s Law"
with Klaus Desmet, Journal of Urban Economics, March 2017
- "The Increasing Importance of Quality of Life"
Journal of Economic Geography, March 2009
- "Consumption Amenities and City Population Density"
Regional Science and Urban Economics, November 2008
- "A Productivity Model of City Crowdedness"
Journal of Urban Economics, March 2008
- "Why Do the Poor Live in Cities: The Role of Public Transportation"
with Edward Glaeser and Matthew Kahn, Journal of Urban Economics, January 2008
- "Comparing Aggregate Housing Price Measures"
Business Economics, October 2007
- "Moving to Nice Weather"
Regional Science and Urban Economics, May 2007
Supplemental Tables | Supplemental Maps | Data File
- "A Bottleneck Capital Model of Economic Development"
Journal of Monetary Economics, November 2006
- "How Does Labor Mobility Affect Income Convergence?"
Journal of Economic Dynamics and Control, March 2005
- "Why are Population Flows So Persistent?"
Journal of Urban Economics, November 2004
Supplemental Tables and Figures
- "The United States as a Coastal Nation"
with Jeffrey Sachs, Journal of Economic Growth, March 2003
Supplemental Tables, Figures, and Maps | Color Versions of Maps | Coastal Proximity Variables
- "The Economic Consequences of Weather"
The New Palgrave Dictionary of Economics, 2nd Edition
Economic Review Articles
- The Faster Growth of Larger, Less Crowded Locations
Fourth Quarter 2018 | Data and Code Files
- Crowdedness, Centralized Employment, and Multifamily Home Construction
First Quarter 2017 | Data File | Q & A
- Millennials, Baby Boomers, and Rebounding Multifamily Home Construction
Second Quarter 2015 | Presentation Slides (view in presentation mode)
- "The Demographic Shift From Single-Family to Multifamily Housing"
Fourth Quarter 2013 | Appendix
- "Why Does Unemployment Differ Persistently Across Metro Areas?"
Second Quarter 2012
- "The Effectiveness of Homeownership in Building Household Wealth"
Fourth Quarter 2010 | Appendix
- "The Affordability of Homeownership to Middle-Income Americans"
Fourth Quarter 2008
- "A Guide to Aggregate House Price Measures"
Second Quarter 2007
- "The Shared Fortunes of Cities and Suburbs" | Data File
Third Quarter 2005
- "U.S. Urban Decline and Growth, 1950 to 2000"
Third Quarter 2003
- "What Are the Benefits of Hosting a Major League Sports Franchise?"
with Chad Wilkerson, First Quarter 2001
Economic Bulletin (formerly "The Macro Bulletin")
- "Escaping the Housing Shortage"
June 5, 2019
- "Pent-Up Demand and Continuing Price Increases: The Outlook for Housing in 2018"
- "The Large Unmet Demand for Housing"
- "Consumer Price Inflation and Rising Rents in the West"
with Michael Redmond, December 2016
- "The Weak Outlook for Residential Investment"
- "The Limited Supply of Homes"
- "Millennials, Baby Boomers, and Rebounding Multifamily Home Construction"
- "Tight Credit Conditions Continue to Constrain the Housing Recovery"
- "The Long-Term Outlook for U.S. Residential Construction"
Research Working Papers
- Urban Growth Shadows
with David Cuberes and Klaus Desmet, RWP 19-08
- How Centralized is U.S. Metropolitan Employment?
with Jason P. Brown, Maeve Maloney, and Aaron Smalter Hall, RWP 17-16
- Productivity, Congested Commuting, and Metro Size
- "Monocentric City Redux"
- "A Quantitative System of Monocentric Metros"
- "The Settlement of the United States, 1800 to 2000: The Long Transition Towards Gibrat's Law"
with Klaus Desmet, RWP 13-02 (Online Appendix)
- "How Does Openness to Capital Flows Affect Growth?"
- "Is the Speed of Convergence Constant?"
Other Working Papers
- "Local Growth Empirics"
Center for International Development at Harvard University Working Paper No. 23, July 1999
- "Extremist Funding, Centrist Voters, and Candidate Divergence"
Santa Fe Institute Working Paper No. 97-06-059E, June 1997
Selected Data and Code
- Stata Code for OLS Estimation with Spatially-Correlated Disturbances - Code File