全球智库信息集成服务系统(G2TT): DP8151 Spatial Sorting: Why New York, Los Angeles and Detroit attract the greatest minds as well as the unskilled

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP8151
	DP8151 Spatial Sorting: Why New York, Los Angeles and Detroit attract the greatest minds as well as the unskilled
	Jan Eeckhout; Kurt Schmidheiny; Roberto Pinheiro
发表日期	2010-12-01
出版年	2010
语种	英语
摘要	We propose a theory of skill mobility across cities. It predicts the well documented city size--wage premium: the wage distribution in large cities first-order stochastically dominates that in small cities. Yet, because this premium is reflected in higher house prices, this does not necessarily imply that this stochastic dominance relation also exists in the distribution of skills. Instead, we find there is second-order stochastic dominance in the skill distribution. The demand for skills is non-monotonic as our model predicts a ``Sinatra'' as well as an ``Eminem'' effect: both the very high and the very low skilled disproportionately sort into the biggest cities, while those with medium skill levels sort into small cities. The pattern of spatial sorting is explained by a technology with a varying elasticity of substitution that is decreasing in skill density. Using CPS data on wages and Census data on house prices, we find that this technology is consistent with the observed patterns of skills.
主题	International Trade and Regional Economics
关键词	Matching theory Sorting General equilibrium Population dynamics Cities Wage distribution
URL	https://cepr.org/publications/dp8151
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/536988
推荐引用方式 GB/T 7714	Jan Eeckhout,Kurt Schmidheiny,Roberto Pinheiro. DP8151 Spatial Sorting: Why New York, Los Angeles and Detroit attract the greatest minds as well as the unskilled. 2010.