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Persistent link: https://www.econbiz.de/10003918479
Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities...
Persistent link: https://www.econbiz.de/10003919879
A prominent feature of economic geography in America is the positive correlation amongst local incomes, housing costs and city population. This paper embeds a "black box" agglomeration economy within a more neoclassical general equilibrium model of local wages, rents and population to assess the...
Persistent link: https://www.econbiz.de/10003737642
Persistent productivity gains to rural-urban migrants have been documented by a number of researchers. One interpretation of this result is that individuals learn higher value skills in cities than they would have learned in less dense areas. Another explanation for this result, however, is that...
Persistent link: https://www.econbiz.de/10003646694
Whether people of differing types can live happily together is one of the most important social and political questions concerning urban areas. From a variety of theoretical perspectives, such mixing seems extremely unlikely. While the theoretical result seems well supported in the context of...
Persistent link: https://www.econbiz.de/10003679394
A prominent feature of economic geography in America is the positive correlation amongst local incomes, housing costs and city population. This paper embeds a “black box” agglomeration economy within a more neoclassical general equilibrium model of local wages, rents and population to assess...
Persistent link: https://www.econbiz.de/10005822201
Persistent link: https://www.econbiz.de/10009246298
Persistent link: https://www.econbiz.de/10010596951
Many studies show that larger metropolitan areas are more segregated than smaller ones. To some extent, this tendency is part of the conventional wisdom. However, the reason for this tendency is not apparent. This paper suggests that the correlation between segregation and metropolitan scale is...
Persistent link: https://www.econbiz.de/10010885709
The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10010268206