Designed to reach a wide audience of scholars and policymakers, the Brookings-Wharton Papers on Urban Affairs is an annual series that serves as a forum for cutting-edge, accessible research on urban policy. The editors seek to integrate broader research into the urban policy discussion by bringing urban studies scholars together with economists and researchers studying subjects with important urban implications. The six papers in this issue address a wide variety of topics in urban economics. Contents include: Editors' Summary The Labor Market Effects of the 1960s Riots William J. Collins and Robert A. Margo (Vanderbilt University) The Rise of the Skilled City Edward L. Glasser and Albert Saiz School Funding Equalization and Residential Location for the Young and the Elderly Christian A.L. Hilber and Christopher J. Mayer The Anatomy of Rent Burdens: Immigration, Growth, and Rental Housing Erica Greulich, John M. Quigley, and Steven Raphael The Effect of Prison Releases on Regional Crime Rates Steven Raphael and Michael A. Stoll Who Benefits Whom in Local Television Markets? Joel Waldfogel