What Have We Learned About the Causes of Recent Gentrification?

24 Pages Posted: 20 Jul 2016

See all articles by Jackelyn Hwang

Jackelyn Hwang

Princeton University

Jeffrey Lin

Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Date Written: 2016-07-01

Abstract

Since 2000, strengthening gentrification in an expanding section of cities and neighborhoods has renewed interest from policymakers, researchers, and the public in the causes of gentrification. The identification of causal factors can help inform analyses of welfare, policy responses, and forecasts of future neighborhood change. We highlight some features of recent gentrification that popular understandings often do not emphasize, and we review progress on identifying some causal factors. However, a complete account of the relative contribution of many factors is still elusive. We suggest questions and opportunities for future research.

Keywords: Gentrification, Neighborhood change

JEL Classification: R23

Suggested Citation

Hwang, Jackelyn and Lin, Jeffrey, What Have We Learned About the Causes of Recent Gentrification? (2016-07-01). FRB of Philadelphia Working Paper No. 16-20, Available at SSRN: https://ssrn.com/abstract=2812045

Jackelyn Hwang (Contact Author)

Princeton University

22 Chambers Street
Princeton, NJ 08544-0708
United States

Jeffrey Lin

Federal Reserve Banks - Federal Reserve Bank of Philadelphia ( email )

Ten Independence Mall
Philadelphia, PA 19106-1574
United States

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