Pinned post
Why are wages in Paris or NYC higher than in other cities?
In a new WP with @PaulineCarry & @BennyKleinman , we decompose spatial disparities btw “location effects” and the local composition of workers and establishments.
New data on firm mobility + double-mover design.
🧵⬇️
In a new WP with @PaulineCarry & @BennyKleinman , we decompose spatial disparities btw “location effects” and the local composition of workers and establishments.
New data on firm mobility + double-mover design.
🧵⬇️
Data on firm relocations reveal that nearly all wage differences between cities stem from the spatial sorting of workers and firms; Location-specific factors explain only 2–5 percent, from @PaulineCarry, @BennyKleinman, and @ElioNimier nber.org/papers/w33779View quoted post on X
