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Title: City of Dreams
Resulting in 1 citation.
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De la Roca, Jorge Ottaviano, Gianmarco P. Puga, Diego |
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City of Dreams Journal of the European Economic Association published online (30 July 2022): DOI: 10.1093/jeea/jvac042. Also: https://academic.oup.com/jeea/advance-article/doi/10.1093/jeea/jvac042/6652214 Cohort(s): NLSY79 Publisher: Oxford University Press Keyword(s): Cognitive Ability; Mobility; Self-Esteem; Urbanization/Urban Living Permission to reprint the abstract has not been received from the publisher. Bigger cities offer more valuable experience and opportunities in exchange for higher housing costs. While higher-ability workers benefit more from bigger cities, they are not more likely to move to one. Our model of urban sorting by workers with heterogeneous self-confidence and ability suggests flawed self-assessment is partly to blame. Analysis of NLSY79 data shows that, consistent with our model, young workers with high self-confidence are more likely to locate in a big city initially. For more experienced workers, ability plays a stronger role in determining location choices, but the lasting impact of earlier choices dampens their incentives to move. |
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Bibliography Citation
De la Roca, Jorge, Gianmarco P. Ottaviano and Diego Puga. "City of Dreams." Journal of the European Economic Association published online (30 July 2022): DOI: 10.1093/jeea/jvac042.
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