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The influential contributions of DiNardo, Fortin, and Lemieux (1996), Firpo, Fortin, and Lemieux (2009), Machado and Mata (2005), and Donald, Green, and Paarsch (2000) provide researchers with a useful toolbox to estimate counterfactual distributions of scalar random variables. These techniques...
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This paper studies how the changing geographic distribution of skilled workers in the US affects theoretical models that use Gibrat's law to explain the size distribution of cities. In the empirical literature, a divergence hypothesis holds that college share increases faster in cities where...
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Tests based on years of education find that the return to human capital in cities varies inversely and average education varies directly with housing cost. Finally, there is evidence that labor productivity within cities varies directly with employment density and real estate cost. The income...
Persistent link: https://www.econbiz.de/10012994256