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...

This paper develops a quantitative spatial general equilibrium model for the German economy to address two issues. First, we explore the role of commuting for local labor markets and their capacity to absorb productivity shocks. Second, we address the role of housing markets for quantitative...

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...

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...

This paper develops a model with an endogenous number of cities to explore whether local governments establish the optimal city size when key activities in the city are associated with emissions that harm consumers. In contrast to extant research, our model is fully micro-founded with respect to...

This paper uses the quantitative spatial model with heterogeneous locations linked by costly goods trade, migration and commuting developed in Monte et al. (2018) to address the workings of local labor markets in Germany. One key contribution concerns the analysis of the role of the expenditure...

Städte und Regionen entwickeln sich zurzeit ungleich und erzeugen gesellschaftlich und politisch Aufmerksamkeit. Die Sorge vor einem weiteren Aufreißen der Lücken zwischen Stadt und Land und zwischen Gewinner- und Verliererregionen des Strukturwandels sitzt tief und damit auch die Sorge vor...

Die ungleiche Entwicklung von Städten und Regionen steht gegenwärtig nicht nur in Deutschland im Brennpunkt gesellschaftlicher und politischer Aufmerksamkeit. Die Sorge vor einem weiteren Aufreißen der Lücken zwischen Stadt und Land und zwischen Gewinner- und Verliererregionen des...