CT Hsieh, E Moretti - American economic journal: macroeconomics, 2019 - aeaweb.org
We quantify the amount of spatial misallocation of labor across US cities and its aggregate costs. Misallocation arises because high productivity cities like New York and the San …
The economic approach to cities relies on a spatial equilibrium for workers, employers and builders. The worker's equilibrium implies that positive attributes in one location, like access …
Despite numerous technological advances, remoteness within the United States has been increasingly associated with relatively slower economic growth. Using a spatial hedonic …
New information technologies and reductions in transportation costs have led pundits to pronounce the" death of distance." These claims would suggest that distance is no longer a …
The greatest productive advantage of modern-day American cities is that they form large and integrated metropolitan labor markets. We present new evidence on the importance of self …
Most economic activity occurs in cities. This creates a tension between local increasing returns, implied by the existence of cities, and aggregate constant returns, implied by …
CJ Simon - Journal of Urban Economics, 2004 - Elsevier
Between 1977 and 1997, US employment shifted dramatically in favor of industries that used skilled labor intensively. During this same period, some cities withered while others …
Empirical research on cities starts with a spatial equilibrium condition: workers and firms are assumed to be indifferent across space. This condition implies that research on cities is …
T Kemeny, M Storper - Journal of regional science, 2012 - Wiley Online Library
This paper asks whether worker utility levels—composed of wages, rents, and amenities— are being equalized among American cities. Using microdata on US urban workers in 1980 …