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...

Cities are places where opportunities for prosperity coexist with stark inequalities between the richest and the poorest. Cities produce and attract highly educated workers and innovative employers. It is usually easier in cities than in other parts of the country for individuals to climb up the...

Frontmatter -- Contents -- Acknowledgments -- 1. Introduction. Cities and Regions in the Twenty-First Century: Why Do They Develop and Change? -- Part I. The Economic Context of City and Regional Development -- 2. Workshops of the World Economy: People, Jobs, and Places -- 3. The Motor of Urban...