Showing 1 - 10 of 381
What determines the distributions of skills, occupations, and industries across cities? We develop a theory to jointly address these fundamental questions about the spatial organization of economies. Our model incorporates a system of cities, their internal urban structures, and a...
Persistent link: https://www.econbiz.de/10010950777
This handbook chapter studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three … precise characterisation of some of the main theoretical underpinnings of urban agglomeration economies, to discuss modelling … issues that arise when working with these tools, and to compare different sources of agglomeration economies in terms of the …
Persistent link: https://www.econbiz.de/10005085227
This paper investigates the urbanization of the Indian manufacturing sector by combining enterprise data from formal and informal sectors. We find that plants in the formal sector are moving away from urban and into rural locations, while the informal sector is moving from rural to urban...
Persistent link: https://www.econbiz.de/10011227923
We investigate the 30 year increase in the level and dispersion of house prices across U.S. metropolitan areas in a calibrated dynamic general equilibrium island model. The model is based on two main assumptions: households flow in and out metropolitan areas in response to local wage shocks, and...
Persistent link: https://www.econbiz.de/10005778399
the existence, uniqueness, and stability of a spatial economic equilibrium and derive a simple set of differential …
Persistent link: https://www.econbiz.de/10010821985
larger cities, but also to greater frictions through congestion and other negative effects of agglomeration. Using data on …
Persistent link: https://www.econbiz.de/10008764667
This paper uses detailed barcode data on purchase transactions by households in 49 U.S. cities to overcome a large number of problems that have plagued spatial price index measurement. We identify two important sources of bias. Heterogeneity bias arises from comparing different goods in...
Persistent link: https://www.econbiz.de/10009021953
We study the impact of intersectoral and interregional trade linkages in propagating disaggregated productivity changes to the rest of the economy. Using regional and industry data we obtain the aggregate, regional and sectoral elasticities of measured TFP, GDP, and employment to regional and...
Persistent link: https://www.econbiz.de/10011096580
Recent influential empirical work has emphasized the negative impact immigrants have on the wages of U.S.-born workers, arguing that immigration harms less educated American workers in particular and all U.S.-born workers in general. Because U.S. and foreign born workers belong to different...
Persistent link: https://www.econbiz.de/10005778650
Many workers with low levels of educational attainment immigrated to the United States in recent decades. Large inflows of less-educated immigrants would reduce wages paid to comparably-educated native-born workers if the two groups compete for similar jobs. In a simple model exploiting...
Persistent link: https://www.econbiz.de/10005575721