Robert W. Helsley

1Nathan Seegert
1Luis Rayo
1William C Strange
1David Albouy
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It is well established that the thickness of local markets can enhance entrepreneurial activity (Vernon (1960)). It has been more recently established that because they carry out so many different tasks, a balance of skills may be beneficial to entrepreneurs (Lazear (2004, 2005)). This paper unifies these approaches to agglomeration and entrepreneurship.(More)
  • Cities, Nathan Seegert, David Albouy, Jan K Brueckner, David Cuberes, Robert W Helsley +4 others
  • 2015
Rushes are a fundamental characteristic of the growth of many industries and cities. To explain these rushes, and better understand the mechanisms of growth, this paper develops a model centered on a new tradeoff between fundamentals and opportunities. Early growth in industries and cities depend critically on the opportunities they provide; whether from(More)
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