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There is a strong connection between per worker productivity and metropolitan area population, which is commonly interpreted as evidence for the existence of agglomeration economies. This correlation is particularly strong in cities with higher levels of skill and virtually non-existent in less...
Persistent link: https://www.econbiz.de/10013158539
Empirical research on cities starts with a spatial equilibrium condition: workers and firms are assumed to be indifferent across space. This condition implies that research on cities is different from research on countries, and that work on places within countries needs to consider population,...
Persistent link: https://www.econbiz.de/10013223339
Historically, urban growth required enough development to grow and transport significant agricultural surpluses or a government effective enough to build an empire. But there has been an explosion of poor mega-cities over the last thirty years. A simple urban model illustrates that in closed...
Persistent link: https://www.econbiz.de/10013071513
level of health in the economy rises. Empirical evidence on urban wages supports the" learning view of cities and a variety …
Persistent link: https://www.econbiz.de/10013246374
Recent theories of economic growth, including Romer (1986), Porter (1989) and Jacobs (1969), have stressed the role of technological spillovers in generating growth. Because such knowledge spillovers are particularly effective in cities, where communication between people is more extensive, data...
Persistent link: https://www.econbiz.de/10013229039
This paper defines and estimates general equilibrium treatment effects. The conventional approach in the literature on treatment effects ignores interactions among individuals induced by the policy interventions being studied. Focusing on the impact of tuition policy, and using estimates from...
Persistent link: https://www.econbiz.de/10013218411
in the model is that accounting for the distinction between skill prices and measured wages is important for analyzing …
Persistent link: https://www.econbiz.de/10013223876
reveal that move to a flat consumption tax raises capital accumulation and the real wages of all skill groups and barely …
Persistent link: https://www.econbiz.de/10013232148
Persistent link: https://www.econbiz.de/10001491428
A variety of criteria are relevant for evaluating alternative policies in democratic societies composed of persons with diverse values and perspectives. In this paper, we consider alternative criteria for evaluating the welfare state, and the data required to operationalize them. We examine sets...
Persistent link: https://www.econbiz.de/10013227501