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Population density varies widely across U.S. cities. A calibrated general equilibrium model in which productivity and … labor, mobile capital, and non-mobile land. An eight-fold increase in population density requires an approximate 50 percent … productivity differential or an approximate 20 percent compensating differential. A thirty-two-fold increase in population density …
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Population density varies widely across U.S. cities. A simple, static general equilibrium model suggests that moderate … sustain above-average population densities considerably exceeds estimates of the increase in productivity caused by such high … density. In contrast, increasing returns to scale may be able to sustain multiple equilibria at below-average population …
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such transitions local population may be far away from its steady-state level but local wages and housing prices remain … supply imply steady-state population flows from high productivity to high quality-of-life economies. In addition, consumption … smoothing causes steady-state population density to be history dependent. Empirical evidence suggests that some time around 1930 …
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increasing valuation of weather's contribution to quality of life. Cross-sectional population growth regressions are able to …
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