Borck, Rainald - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005
This paper examines social agglomeration externalities. Using survey data from the German Socio-Economic Panel, I …, using responses to satisfaction questions, I analyse whether individuals are compensated for diseconomies of agglomeration … by positive agglomeration externalities in other areas. This equilibrium hypothesis cannot be rejected. …