| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26574 |
| 来源ID | Working Paper 26574 |
| Are Poor Cities Cheap for Everyone? Non-Homotheticity and the Cost of Living Across U.S. Cities | |
| Jessie Handbury | |
| 发表日期 | 2019-12-23 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | This paper shows that the products and prices offered in markets are correlated with local income-specific tastes. To quantify the welfare impact of this variation, I calculate local price indexes micro-founded by a model of non-homothetic demand over thousands of grocery products. These indexes reveal large differences in how wealthy and poor households perceive the choice sets available in wealthy and poor cities. Relative to low-income households, high-income households enjoy 40 percent higher utility per dollar expenditure in wealthy cities, relative to poor cities. Similar patterns are observed across stores in different neighborhoods. Most of this variation is explained by differences in the product assortment offered, rather than the relative prices charged, by chains that operate in different markets. |
| 主题 | International Economics ; Trade ; Regional and Urban Economics ; Regional Economics ; Real Estate ; Industrial Organization ; Industry Studies |
| URL | https://www.nber.org/papers/w26574 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584248 |
| 推荐引用方式 GB/T 7714 | Jessie Handbury. Are Poor Cities Cheap for Everyone? Non-Homotheticity and the Cost of Living Across U.S. Cities. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26574.pdf（1480KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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