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Congestion, agglomeration, and the structure of cities

Brinkman, Jeffrey C. - Federal Reserve Bank of Philadelphia - 2013

match the spatial distribution of employment, population, land use, land rents, and commute times in the data. Policy …

Persistent link: https://www.econbiz.de/10010661490

Estimating a dynamic equilibrium model of firm location choices in an urban economy

Brinkman, Jeffrey; Coen-Pirani, Daniele; Sieg, Holger - Federal Reserve Bank of Philadelphia - 2012

We develop a new dynamic general equilibrium model to explain firm entry, exit, and relocation decisions in an urban economy with multiple locations and agglomeration externalities. We characterize the stationary distribution of firms that arises in equilibrium. We estimate the parameters of the...

Persistent link: https://www.econbiz.de/10010585877

Matching and learning in cities: urban density and the rate of invention

Carlino, Gerald; Chatterjee, Satyajit; Hunt, Robert - Federal Reserve Bank of Philadelphia - 2005

equal, a city with a more competitive market structure, or one that is not too large (a population less than 1 million) will …

Persistent link: https://www.econbiz.de/10005389683

Knowledge spillovers and the new economy of cities

Carlino, Gerald A.; Chatterjee, Satyajit; Hunt, Robert - Federal Reserve Bank of Philadelphia - 2001

Despite much theorizing about the role of geographic concentration of employment in knowledge spillovers, local densities' role in promoting innovations has largely been unexamined. More often, studies have considered the effects of city size variables on innovative activity, although the role...

Persistent link: https://www.econbiz.de/10005512267

Urban decline and housing reinvestment: the role of construction costs and the supply side

Gyourko, Joseph; Saiz, Albert - Federal Reserve Bank of Philadelphia - 2003

Negative demand shocks have afflicted many American cities in the 20th century and are the main explanation for their decaying housing markets. But what is the role of housing supply? Rational entrepreneurs should not invest in new buildings and renovation when home values are below replacement...

Persistent link: https://www.econbiz.de/10005387471

Technological adaptation, cities and new work

Lin, Jeffrey - Federal Reserve Bank of Philadelphia - 2009

Where does adaptation to innovation take place? The author presents evidence on the role of agglomeration economies in the application of new knowledge to production. All else equal, workers are more likely to be observed in new work in locations that are initially dense in both college...

Persistent link: https://www.econbiz.de/10004967543

Portage: path dependence and increasing returns in U.S. history

Bleakley, Hoyt; Jeffrey Lin. - Federal Reserve Bank of Philadelphia - 2010

The authors examine portage sites in the U.S. South, Mid-Atlantic, and Midwest, including those on the fall line, a geomorphologic feature in the southeastern U.S. marking the final rapids on rivers before the ocean. Historically, waterborne transport of goods required portage around the falls...

Persistent link: https://www.econbiz.de/10008643752

Regional resilience

Lin, Jeffrey - Federal Reserve Bank of Philadelphia - 2012

In this paper, I study long-run population changes across U.S. metropolitan areas. First, I argue that changes over a … long period of time in the geographic distribution of population can be informative about the so-called \resilience" of … regions. Using the censuses of population from1790 to 2010, I find that persistent declines, lasting two decades or more, are …

Persistent link: https://www.econbiz.de/10010604290

Regional resilience

Lin, Jeffrey - Federal Reserve Bank of Philadelphia - 2012

Persistent link: https://www.econbiz.de/10010600549

Forecasting trends in the housing stock using age-specific demographic projections

Crone, Theodore M.; Mills, Leonard O. - Federal Reserve Bank of Philadelphia - 1990

Persistent link: https://www.econbiz.de/10005389743