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Higher ability workers benefit more from bigger cities while housing costs there are higher for everyone, and yet there is little sorting on ability. A possible explanation is that young individuals have an imperfect assessment of their ability, and, when they learn about it, early decisions...
Persistent link: https://www.econbiz.de/10010945136
This paper develops a quantitative model of city structure to separate agglomeration forces, dispersion forces and …
Persistent link: https://www.econbiz.de/10010554887