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The rise of the skilled city

Edward Glaeser and Albert Saiz

No 04-2, Working Papers from Federal Reserve Bank of Philadelphia

Abstract: For more than a century, educated cities have grown more quickly than comparable cities with less human capital. This fact survives a battery of other control variables, metropolitan area fixed effects, and tests for reverse causality. The authors also find that skilled cities are growing because they are becoming more economically productive (relative to less skilled cities), not because these cities are becoming more attractive places to live. Most surprisingly, the authors find evidence suggesting that the skills-city growth connection occurs mainly in declining areas and occurs in large part because skilled cities are better at adapting to economic shocks. As in Schultz (1964), skills appear to permit adaptation

Keywords: Cities; and; towns (search for similar items in EconPapers)
Date: 2003
New Economics Papers: this item is included in nep-ure
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Citations: View citations in EconPapers (67)

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Working Paper: The Rise of the Skilled City (2003) Downloads
Working Paper: The Rise of the Skilled City (2003) Downloads
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