Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...

Die neuen Leitbilder und Handlungsstrategien für die Raumentwicklung in Deutschland greifen die veränderten räumlichen Rahmenbedingungen auf, wie sie sich vor dem Hintergrund der Globalisierung und des demographischen Wandels in den letzten Jahren herauskristallisiert haben. Eine...

"State per capita incomes became more disperse during the contraction phase of the Great Depression, and less disperse during the recovery phase. We investigate the effects of geography, industry structure, bank failures and fiscal policies on state income growth during each phase. We find that...

Virtually all theories of economic growth predict a positive relationship between population size and productivity. In this paper I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. In the aftermath of the Second World War about...