Similar Search Results

Satō, Yasuhiro; Zenou, Yves - 2019

higher productivity and wages with a greater social distance to their culture of origin. We show that "oppositional" ethnic … transportation cost decreases rather than increases assimilation in cities. We also find that when there are more productivity …

Persistent link: https://www.econbiz.de/10012133890

Welfare benefits of agglomeration and worker heterogeneity

Teulings, Coen N.; Ossokina, Ioulia V.; Groot, Henri L. … - 2014

The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...

Persistent link: https://www.econbiz.de/10010394598

Some evidence on the nature of urbanization economies

Krupka, Douglas J. - 2009

Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a …. Krupka (2008) presents a general model in which exogenous variation in local productivity ("natural advantage") and …/resident happiness and/or reducing productivity of employers. -- Agglomeration ; urbanization economies ; congestion ; regional …

Persistent link: https://www.econbiz.de/10003919879

Climate amenities, climate change, and American quality of life

Albouy, David; Graf, Walter; Kellogg, Ryan; Wolff, Hendrik - 2013

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

Inflation and welfare in long-run equilibrium with firm dynamics

Janiak, Alexandre; Monteiro, Paulo Santos - 2009

establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the … decrease in the steady-state average productivity of roughly 0.5 percent compared to the optimum's steady-state. This decrease … in productivity is not innocuous: it leads to a doubling of the welfare cost of inflation. -- Firm dynamics …

Persistent link: https://www.econbiz.de/10003916989

The worth of cities in Germany

Gehr, Katja; Pflüger, Michael - 2023

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

Comparative advantage and agglomeration of economic activity

Pflüger, Michael; Tabuchi, Takatoshi - 2016

The division of labor between and within countries is driven by two fundamental forces, comparative advantage and increasing returns. We set up a simple Ricardian model with a Marshallian input sharing mechanism to study their interplay. The key insight that emerges is that the interaction...

Persistent link: https://www.econbiz.de/10011543995

Matching in cities

Dauth, Wolfgang; Findeisen, Sebastian; Moretti, Enrico; … - 2019

In most countries, average wages tend to be higher in larger cities. In this paper, we focus on the role played by the matching of workers to firms in explaining geographical wage differences. Using rich administrative German data for 1985-2014, we show that wages in large cities are higher not...

Persistent link: https://www.econbiz.de/10011998599

Urban density and COVID-19

Carozzi, Felipe; Provenzano, Sandro; Roth, Sefi - 2020

This paper estimates the link between population density and COVID-19 spread and severity in the contiguous United States. To overcome confounding factors, we use two Instrumental Variable (IV) strategies that exploit geological features and historical populations to induce exogenous variation...

Persistent link: https://www.econbiz.de/10012243517

Employment impacts of the COVID-19 pandemic across metropolitan status and size

Cho, Seung Jin; Lee, Jun Yeong; Winters, John V. - 2020

We examine effects of the COVID-19 pandemic on employment losses across metropolitan area status and population size. Non-metropolitan and metropolitan areas of all sizes experienced significant employment losses, but the impacts are much larger in large metropolitan areas. Employment losses...

Persistent link: https://www.econbiz.de/10012249394