We estimate qualityoflife and productivity differences across Canada's metropolitan areas in a hedonic generalequilibrium framework. These are based on the estimated willingnesstopay of heterogeneous households and firms to locate in various cities, which differ in their wage levels, housing...

In a seminal contribution, Acemoglu, Johnson, and Robinson (2001) evaluate the effect of property rights institutions on national income using estimated mortality rates of early European settlers as an instrument for the risk of capital expropriation. Returning to their original sources, I find...

We examine variation in local wage levels, housing costs, and commuting costs for 2071 areas covering the United States within and across metropolitan areas. In an equilibrium model of residential and workplace choice, we use these measures to construct a willingness-to-pay index for a typical...