Showing 1 - 10 of 47
In this paper we survey the recent developments in two empirical literatures at the crossroads of labor and urban economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the methods and main results of each of these two...
Persistent link: https://www.econbiz.de/10005703584
We analyze the first data set on consistently defined functional urban areas in Europe and compare the European to the US urban system. City sizes in Europe do not follow a power law: the largest cities are "too small" to follow Zipf's law
Persistent link: https://www.econbiz.de/10013023013
We analyze the first data set on consistently defined functional urban areas in Europe and compare the European to the US urban system. City sizes in Europe do not follow a power law: the largest cities are “too small” to follow Zipf's law
Persistent link: https://www.econbiz.de/10013023107
Older cities in the US tend to be larger than younger ones. The distribution of city sizes is, therefore, systematically related to the country's city age distribution. We introduce endogenous city creation into a dynamic economic model of an urban system. All cities exhibit the same long-run...
Persistent link: https://www.econbiz.de/10010598724
The world is replete with spatial frictions. Shipping goods across cities entails trade frictions. Commuting within cities causes urban frictions. How important are these frictions in shaping the spatial economy? We develop and quantify a novel framework to address this question at three...
Persistent link: https://www.econbiz.de/10010764586
Using novel data on the foundation dates of more than 10,000 American Census places, we show that older cities in the US tend to be larger than younger ones. To take this nexus between city age and city size into account, we introduce endogenous city creation into a dynamic economic model of an...
Persistent link: https://www.econbiz.de/10011048642
In this paper we show that the double Pareto lognormal (DPLN) parameterization provides an excellent fit to the overall US city size distribution, regardless of whether “cities” are administratively defined Census places or economically defined area clusters. We then consider an economic...
Persistent link: https://www.econbiz.de/10009645627
In this paper we show that the double Pareto lognormal (DPLN) parameterization provides an excellent fit to the overall US city size distribution, regardless of whether "cities" are administratively defined Census places or economically defined area clusters. We then consider an economic model...
Persistent link: https://www.econbiz.de/10009649820
In this paper we show that the double Pareto lognormal (DPLN) parameterization provides an excellent fit to the overall US city size distribution, regardless of whether “cities” are administratively defined Census places or economically defined area clusters. We then consider an economic...
Persistent link: https://www.econbiz.de/10009652006
The world is replete with spatial frictions. Shipping goods across cities entails trade frictions. Commuting within cities causes urban frictions. How important are these frictions in shaping the spatial economy? We develop and quantify a novel framework to address this question at three...
Persistent link: https://www.econbiz.de/10010956725