Colleagues: Peter Ganong and Danny Shoag will be giving a seminar on their paper, Why Has Regional Income Convergence in the U.S. Stopped? This bland title heads what I expect will be the decade's most important empirical findings on the effects of land-use regulation on regional housing prices, labor markets, and (most surprisingly) income distribution. It has already gotten notice in the New York Times: http://economix.blogs.nytimes.com/2012/10/17/housing-prices-and-income-inequality/. They also have a site that shows some cool animations of their empirical work: http://www.people.fas.harvard.edu/~ganong/motion.html

Note that seminar time is at 2:30 because they have to drive back to Cambridge for the evening. (Classes are over Wednesday, so we can use the 310 Silsby seminar room.) I am looking for volunteers for lunch after they arrive around 12:30. I have not scheduled office visits because of their short visit, but we will have time to talk in the lounge after the seminar.

Hope you can attend.
Bill