🚨 New working paper 🚨 In large cities, wages are higher. But so are inequalities. In fact, low-wage workers earn lower real earnings there. Why? What drives spatial wage disparities? Why some workers work at lower real wages in large cities?

A spatial equilibrium model with heterogeneous households holding general non-homothetic preferences over tradable goods and housing, from Cécile Gaubert and Frédéric Robert-Nicoud https://www.nber.org/papers/w33652

Forthcoming in the JEL: "Housing and Inequality" by Yannis M. Ioannides and L. Rachel Ngai. www.aeaweb.org/articles?id=...

Using survey data from Germany combined with an 'what is the optimal length of the workweek' model suggests 37 hours, from Gregor Jarosch, Laura Pilossoph, and Anthony Swaminathan https://www.nber.org/papers/w33577

Forthcoming in AEJ: Macroeconomics: "Cognitive Hubs and Spatial Redistribution" by Esteban Rossi-Hansberg, Pierre-Daniel Sarte, and Felipe Schwartzman. www.aeaweb.org/articles?id=...

We've just opened a new @beckerfriedman.bsky.social pre-doc position through the International Economics and Economic Geography Initiative: job-boards.greenhouse.io/universityof... Come work with us! The trade and spatial group at UChicago is a top-notch place to start your academic career!

Modern supply chains don't look like trade theory 101! They involve constant border crossings, each now hit by tariffs. Tariffs raise prices, but the more important thing they do is disrupt supply relationships. 1/

Recently accepted to #REStud, ``Wealth Inequality and Asset Prices'' from Matthieu Gomez: www.restud.com/wealth-inequ...

Studying preferences over the demographic composition of co-patrons. Racial homophily does not vary by income. These preferences can explain much of income segregation, from Victor Couture, Jonathan I. Dingel, Allison E. Green, and Jessie Handbury https://www.nber.org/papers/w33386

1/🚨New chapter in Handbook of Regional & Urban Economics: Spatial Environmental Economics 🌍 How do spatial forces affect the environment? How does enviro shape spatial outcomes? Thread, chapter explore this nascent subfield via stylized acts, models, building blocks for rsrch. w Clare Balboni.

As climate change intensifies, extreme weather events like the fires in LA pose growing threats to economies. A blog post by @nityanayar.bsky.social, Juanma Castro-Vincenzi, Gaurav Khanna and @nicomorales.bsky.social discusses how firms adapt supply chains to these risks: tinyurl.com/abbw5mt3

A lot to chew on in this issue of AEJ: Applied: #econsky

Featured in the latest Digest: "Gender, Career Opportunities, and the Relocation Decisions of Couples" https://www.nber.org/digest/202412/gender-career-opportunities-and-relocation-decisions-couples

NEW: Chinese companies have doubled their industrial footprint in Mexico in three years — a development that is emblematic of the closer ties that are poised to thrust Mexico into the centre of Trump’s trade war with Beijing. ig.ft.com/china-mexico...

Recently accepted by #QJE, “Putting Quantitative Models to the Test: An Application to the US-China Trade War,” by Adão, Costinot, and Donaldson: doi.org/10.1093/qje/...

Recently accepted by #QJE, “The Global Race for Talent: Brain Drain, Knowledge Transfer, and Growth,” by Marta Prato: doi.org/10.1093/qje/...

Job market update: McGill Econ is hiring! Please encourage your students to apply as soon as possible if interested. econjobmarket.org/positions/11...

I've now turned the BBVA-EEA Lecture I gave in San Antonio in January and in Madrid this week into a working paper: scholar.harvard.edu/sites/schola... The paper will come out in the Journal of the European Econ. Assoc. some time next year, but it's not a final version yet. Comments most welcome!

💥New version of "Superstar Teams" lukasbfreund.github.io/files/freund...

Send your labor papers and come present at Princeton! Deadline is Dec 22. irs.princeton.edu/news/2024/nl...

And here's the messy map of country growth over the last four years! I like how clear you can see the boom in certain states like Florida, Texas, and Utah. I've got a lot more state and region level maps coming later today, so stay tuned

Recently accepted to #REStud, ``The Long-Run Labor Market Effects of the Canada-U.S. Free Trade Agreement,'' from Kovak and Morrow: www.restud.com/the-long-run...

Re-upping this: if you are interested in GIS, computer vision, housing, and research please apply!

We've created a starter pack for all of the economics journals on Bluesky. Please nominate other journals to join the list. go.bsky.app/4kR21vX

Jonathan Dingel (@tradediversion.bsky.social) and I, together with many colleagues at Columbia, are hiring predocs to start in Summer 2025. If you want to work at the intersection of macro, spatial, and labor econ.: apply! International students welcome. More info: apply.interfolio.com/157268

The favorite meme I generated over at the other site

Folks! Our excellent BFI institute at UChicago is on here, give them a follow. They do an excellent podcast (the PIE) and host great conferences/workshops with open call-for-papers.

Excited to share a new paper w/ Matthias Mertens: From Labor to Intermediates: Firm Growth, Input Substitution, and Monopsony Also: implications for firm-level labor share dynamics. PDFs: www.nber.org/papers/w33172 eml.berkeley.edu/~schoefer/sc... Longer Twitter summary: x.com/Schoefer_B/s...

NEW: How have house prices and house building changed across England since 1996? 📈 Explore how house prices and house building have changed in your area, and compare how responsive construction has been to prices, with our interactive map: ifs.org.uk/calculators/... [THREAD: 1/8]

This @wsj.com article was a good reason to update a bunch of #HSR charts. "giant money pit"? 😒 In 2024, China's HSR ridership surpassed all-time highs and China Railway is going to generate ¥1.3 trillion of revenue and ¥400 billion of EBITDA. 🧵

The call for visiting OIGI at the Minneapolis Fed is open. Economic researchers, please consider applying! www.minneapolisfed.org/institute/vi...

I am sure there will be more advanced and rigorous analysis of this question soon, but preliminary evidence makes it look like local industrial policy spending via the CHIPS/IRA did ~nothing for Harris' reelection chances

Banning noncompetes in the US would raise wages by 4%. www.dropbox.com/scl/fi/mqecj...

Just in time for our departure en masse, REStat tweeted our article in the Sep issues. Cross posted for #econsky: New fact: 75% of the differences in productivity across cities reflects plant-level idiosyncrasies. t.co/fo633CbMXU Lead article, so it’s open access!

There's been a lot of debate about what economic theory says regarding tariffs. Drawing on my research with quantitative economic models, here's a thread explaining the textbook logic for why "tariffs are bad" for revenue generation. 🧵 Let’s dive in!

We had the privilege of hosting the 16th Conference on Urban and Regional Economics (CURE) last week here in Philadelphia. Great presentations by some of the field’s most promising young researchers. Thanks to all who participated and helped to organize! custom.cvent.com/9A0657ED9B01...

We have updated the Ahlfeldt-Heblich-Seidel Index. Now contains micro-geographic prices and rents for Germany at postcode level until 2023. Of course, all data available for download! New webtool allows for comparisons between years: sites.google.com/view/ahlfeld... @bseberlin.bsky.social

Why are blue-collar voters drifting from the Democratic Party? Is it due to shifts in voter preferences or shifts in party positions? What role do cultural versus economic policies play? My Job Market Paper presents an empirical model that unpacks these dynamics. 1/N

Okay, here is the start of the urban economics starter pack. Please send me more names and prod folks who haven't moved. @aaronsojourner.org can you add to your page? bsky.app/starter-pack... Also, for a nice urban/geography/regional mix, see the pack of @maxnathan.bsky.social.

Spatial economics JMPs (2024-2025) tradediversion.net/2024/11/06/s...

Here is my attempt to systematically think through possible consequences of new Trump tariffs Suppose US imposes 20% tariff on all goods imports Effect 1: higher prices for goods imported into US. This hurts US consumers by raising living costs 1/

Worth listening to. What’s Wrong With Donald Trump? www.nytimes.com/2024/10/22/o...

One thing I think is weird about Universities is they do so little to disseminate and distribute their faculty's research. We're in a world in which content is king; and people are hungry for new ideas and thoughts. Which faculty produce! But it's up to us, individually, to disseminate.

🎤🎤 New Densely Speaking pod featuring @profschleich.bsky.social with @gregshill.bsky.social. Railroads! Cities! Municipal bonds! This episode has it all. We talked about David’s book **In a Bad State: Responding to State and Local Budget Crises.** Listen wherever you get your podcasts.

🚨 New publicly available dataset on housing regulations across US municipalities With Alex Bartik and Dan Milo, we highlight a novel AI-based method for accurate categorization of regulations in unstructured text, which we use to establish 5 facts about housing regulation:

I made a Starter Pack of academic economists who work on International Trade go.bsky.app/G3dqAYg

Who’s here in #urbanecon? #econsky

Hi everyone, I am a labor economist and will occasionally post about economics, labor markets, inequality, unions, and all things labor. Looking forward to many interactions!