Showing 1 - 10 of 165
We introduce new measurement tools to understand the sources of earnings differences across space. Based on the natural language employers use in job vacancy text, we develop granular measures of job tasks and of worker specialization. We find that jobs in larger commuting zones involve greater...
Persistent link: https://www.econbiz.de/10013388776
Amidst the rise of remote work, we ask: what are the effects of proximity to coworkers? We find being near coworkers has tradeoffs: proximity increases long-run human capital development at the expense of short-term output. We study software engineers at a Fortune 500 firm, whose main campus has...
Persistent link: https://www.econbiz.de/10014437011
We use the price effects caused by the passage of rent control in St. Paul, Minnesota in 2021, to study the transfer of wealth across income groups. First, we find that rent control caused property values to fall by 6-7%, for an aggregate loss of $1.6 billion. A calibrated model of house prices...
Persistent link: https://www.econbiz.de/10013210111
We define educational access as the component of a neighborhood's value that is determined by the set of schools available to its residents. This paper studies the extent to which educational access is determined by sorting based on heterogeneous preferences over school attributes, or local...
Persistent link: https://www.econbiz.de/10014512100
We use detailed location information from the Longitudinal Employer-Household Dynamics (LEHD) database to develop new evidence on the effects of spatial mismatch on the relative earnings of Black workers in large US cities. We classify workplaces by the size of the pay premiums they offer in a...
Persistent link: https://www.econbiz.de/10014512106
Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new employer businesses in the US. We review recent research on the measurement of immigrant entrepreneurship, the traits of immigrant founders, their economic impact, and policy levers....
Persistent link: https://www.econbiz.de/10014544679
We investigate the role of information frictions in migration. We develop novel moment inequalities to estimate worker preferences while allowing for unobserved worker-specific information sets, migration costs, and location-specific amenities and prices. Using data on internal migration in...
Persistent link: https://www.econbiz.de/10014544692
Are developing-world cities engines of opportunities for low-wage earners? In this study, we track a cohort of young low-income workers in Brazil for thirteen years to explore the contribution of factors such as industrial structure and skill segregation on upward income mobility. We find that...
Persistent link: https://www.econbiz.de/10014544705
Sociologists have shown that "third places" such as neighborhood cafés help people maintain and use their network ties. Do they help local entrepreneurs, for whom networks are important? We examine whether the introduction of Starbucks cafés into U.S. neighborhoods with no coffee shops...
Persistent link: https://www.econbiz.de/10014576633
About 11% of the Chinese population are rural-urban migrants with a rural hukou that severely restricts their children's access to urban schools. As a result, 69 million children are left behind in rural areas. We use two regression-discontinuity designs - based on school enrollment age cutoffs...
Persistent link: https://www.econbiz.de/10014226187