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05 Mar 2018
Working Paper Summaries

Nowcasting Gentrification: Using Yelp Data to Quantify Neighborhood Change

by Edward L. Glaeser, Hyunjin Kim, and Michael Luca

This study finds that data from digital platforms (in this case, Yelp) can help forecast which neighborhoods are gentrifying and provide new ways to measure business landscape changes that accompany demographic changes.

1

Goldman Sachs’ $500 Million Bet on Small Businesses

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Nowcasting Gentrification: Using Yelp Data to Quantify Neighborhood Change