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Housing Constraints and Spatial Misallocation

Hsieh, Chang-Tai - 2015

We quantify the amount of spatial misallocation of labor across US cities and its aggregate costs. Misallocation arises because high productivity cities like New York and the San Francisco Bay Area have adopted stringent restrictions to new housing supply, effectively limiting the number of...

Persistent link: https://www.econbiz.de/10012238027

People, Places and Public Policy : Some Simple Welfare Economics of Local Economic Development Programs

Kline, Patrick - 2013

Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of "place based" policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...

Persistent link: https://www.econbiz.de/10012459003

The Agglomeration of Urban Amenities : Evidence from Milan Restaurants

Leonardi, Marco; Moretti, Enrico - National Bureau of Economic Research - 2022

In many cities, restaurants and retail establishments are spatially concentrated. Economists have long recognized the presence of demand externalities that arise from spatial agglomeration as a possible explanation, but empirically identifying this type of spillovers has proven difficult. We...

Persistent link: https://www.econbiz.de/10012814438

Where is Standard of Living the Highest? Local Prices and the Geography of Consumption

Diamond, Rebecca; Moretti, Enrico - National Bureau of Economic Research - 2021

Income differences across US cities are well documented, but little is known about the level of standard of living in each city--defined as the amount of market-based consumption that residents are able to afford. In this paper we provide estimates of the standard of living by commuting zone for...

Persistent link: https://www.econbiz.de/10012794561

The Effect of State Taxes on the Geographical Location of Top Earners : Evidence from Star Scientists

Moretti, Enrico - 2015

Using data on the universe of U.S. patents filed between 1976 and 2010, we quantify how sensitive is migration by star scientist to changes in personal and business tax differentials across states. We uncover large, stable, and precisely estimated effects of personal and corporate taxes on star...

Persistent link: https://www.econbiz.de/10012457546

Wage Equalization and Regional Misallocation : Evidence from Italian and German Provinces

Boeri, Tito - 2019

Italy and Germany have similar geographical differences in productivity - North more productive than South in Italy …; West more productive than East in Germany - but have adopted different models of wage bargaining. Italy sets wages based on … nationwide contracts that allow for limited local wage adjustments, while Germany has moved toward a more flexible system that …

Persistent link: https://www.econbiz.de/10012479565

The World's Rust Belts : The Heterogeneous Effects of Deindustrialization on 1,993 Cities in Six Countries

Gagliardi, Luisa; Moretti, Enrico; Serafinelli, Michel - National Bureau of Economic Research - 2023

We investigate the employment consequences of deindustrialization for 1,993 cities in France, Germany, Great Britain …

Persistent link: https://www.econbiz.de/10014447269