X Gabaix - Annu. Rev. Econ., 2009 - annualreviews.org
A power law (PL) is the form taken by a large number of surprising empirical regularities in economics and finance. This review surveys well-documented empirical PLs regarding …
Why do some cities grow economically while others decline? Why do some show sustained economic performance while others cycle up and down? In Keys to the City, Michael …
US firms in service industries increasingly operate in more local markets. Employment, sales, and spending on fixed costs have increased rapidly in these industries. These …
The Human Settlements Group works to reduce poverty and improve health and housing conditions in the urban centres of Africa, Asia and Latin America. It seeks to combine this …
G McGranahan, D Balk… - Environment and …, 2007 - journals.sagepub.com
Settlements in coastal lowlands are especially vulnerable to risks resulting from climate change, yet these lowlands are densely settled and growing rapidly. In this paper, we …
With over half of the world's population now living in urban areas, the ability to model and understand the structure and dynamics of cities is becoming increasingly valuable …
X Gabaix - Econometrica, 2011 - Wiley Online Library
This paper proposes that idiosyncratic firm‐level shocks can explain an important part of aggregate movements and provide a microfoundation for aggregate shocks. Existing …
X Gabaix, A Landier - The quarterly journal of economics, 2008 - academic.oup.com
This paper develops a simple equilibrium model of CEO pay. CEOs have different talents and are matched to firms in a competitive assignment model. In market equilibrium, a CEO's …
K Behrens, G Duranton… - Journal of Political …, 2014 - journals.uchicago.edu
Large cities produce more output per capita than small cities. This higher productivity may occur because more talented individuals sort into large cities, because large cities select …