Description:
<jats:p> When policymakers invest in urban infrastructure, there are concerns that poor residents living near the infrastructure will be displaced. This paper investigates mechanisms that may lead to such infrastructure-induced gentrification using a general equilibrium urban commuting model. Our goal is to elucidate the channels through which infrastructure-induced gentrification occurs and understand how policy choices mitigate or accentuate gentrification. </jats:p>