We develop a new dynamic general equilibrium model of firm location choice that can explain the observed sorting of firms by productivity and is consistent with the observed entry, exit, and relocation decisions of firms within an urban economy. We discuss existence of equilibrium of and...

We develop and estimate a structural model of charter school entry. In this model, charter schools offer an alternative to neighborhood public schools. In the model’s first stage, the potential entrant chooses his/her physical location and characteristics based on the perceived opportunities...