Showing 1 - 6 of 6
We present a hedonic framework to estimate U.S. households' preferences over local climates, using detailed weather and 2000 Census data. We find that Americans favor an average daily temperature of 65 degrees Fahrenheit, will pay more on the margin to avoid excess heat than cold, and are not...
Persistent link: https://www.econbiz.de/10009729699
We examine how interaction choices depend on the interplay of social and physical distance, and show that agents who are more central in the social network, or are located closer to the geographic center of interaction, choose higher levels of interactions in equilibrium. As a result, the level...
Persistent link: https://www.econbiz.de/10009230717
This paper extends the urban growth model of Duranton and Puga (2022) to explore the impact of cities on local firms and households and the aggregate economy of Germany. We adopt alternative micro-foundations for agglomeration economies and a non-linear specification of human capital...
Persistent link: https://www.econbiz.de/10014278127
We propose an urban land use model to discuss the conversion of customary agricultural land to formal and informal residential land in a developing country city. Because customary land sales are insecure, migrant buyers face a risk of eviction, which affects land markets in non-trivial ways....
Persistent link: https://www.econbiz.de/10014366155
Recent advancements in data collection have expanded the tools and information available for urban and spatial-based research. This paper presents an overview of spatial big data sources used in urban science and urban economics, with the goal of directing and enriching future research by other...
Persistent link: https://www.econbiz.de/10014377729
In this paper we show that the recent model by Duranton (AER, 2007) performs remarkably well in replicating the city size distribution of West Germany, much better than the simple rank-size rule known as Zipf's law. The main mechanism of this theoretical framework is the "churning" of industries...
Persistent link: https://www.econbiz.de/10003591489