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We show how to use commuting flows to infer the spatial distribution of income within a city. A simple workplace choice model predicts a gravity equation for commuting flows whose destination fixed effects correspond to wages. We implement this method with cell phone transaction data from Dhaka...
Persistent link: https://www.econbiz.de/10014242827
In cities worldwide, the widespread use of single occupancy cars often leads to traffic congestion and its associated ill effects. Using high frequency data from Google Maps, we test whether high-occupancy vehicle (HOV) policies can be an effective tool to combat congestion. Using the unexpected...
Persistent link: https://www.econbiz.de/10012959373
Using smartphone geographical positioning systems (GPS) data for Japan, we show that travel within urban areas frequently occurs along trip chains, involving multiple stops as part of a single journey. Motivated by these empirical findings, we develop a tractable theoretical model of travel...
Persistent link: https://www.econbiz.de/10014242337
The human capital construct is deep in the bones of economics and finds reference by many classical economists, even if they did not use the phrase. The term “human capital,” seldom mentioned in economics before the 1950s, increased starting in the 1960s and blossomed in the 1990s. The...
Persistent link: https://www.econbiz.de/10014100574