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Evidence on the nature and sources of agglomeration economies
This paper considers the empirical literature on the nature and sources of urban increasing returns, also known as agglomeration economies. An important aspect of these externalities that has notExpand
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The Determinants of Agglomeration
Abstract This paper examines the microfoundations of agglomeration economies for U.S. manufacturing industries. Using industries as observations, we regress the Ellison–Glaeser (G. Ellison and E.Expand
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Geography, Industrial Organization, and Agglomeration
This paper makes two contributions to the empirical literature on agglomeration economies. First, the paper uses a unique and rich database in conjunction with mapping software to measure theExpand
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Depreciation of housing capital, maintenance, and house price inflation: Estimates from a repeat sales model
Abstract The rate at which physical capital depreciates is fundamental to investment in the economy. Nevertheless, although housing capital accounts for one-third of the total capital stock, the rateExpand
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Old homes, externalities, and poor neighborhoods. A model of urban decline and renewal
This paper investigates urban decline and renewal in the United States using three panels that follow neighborhoods on a geographically consistent basis over extended periods of time. FindingsExpand
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The attenuation of human capital spillovers
This paper uses 2000 Census data to estimate the relationship of agglomeration and proximity to human capital to wages. The paper takes a geographic approach, and focuses on the attenuation ofExpand
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Estimating Bargaining Power in the Market for Existing Homes
Although bargaining is common in markets for heterogeneous goods, it has largely been ignored in the hedonic literature. In a break from that tradition, we establish sufficient conditions that permitExpand
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Borrowing constraints, household debt, and racial discrimination in loan markets
Two-step selection methods are applied to the 1983 Survey of Consumer Finances to examine the extent to which borrowing constraints restrict household access to debt and the manner in which lendersExpand
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Local amenities and life-cycle migration: Do people move for jobs or fun?
Do households move for jobs or fun, and where do they go when they move? We address these questions using the 1970-2000 US Census. Based on a panel of quality of life and business environmentExpand
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Urban Economics and Entrepreneurship
Research on entrepreneurship often examines the local dimensions of new business formation. The local environment influences the choices of entrepreneurs; entrepreneurial success influences the localExpand
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