Urban revival in America
By Victor Couture, Jessie Handbury. 2020
218 citations recorded by the source corpus.
Abstract This paper documents and explains the striking rise in the college share near city centers since 2000. We show that this urban revival is driven by younger college graduates in larger cities. A residential choice model reveals that the rising tendency of young college graduates to reside near non-tradable services accounts for more of their movement toward city centers than other commonly-cited hypotheses. We document corresponding changes in restaurant and nightlife consumption. We then link these changes in both consumption and urbanization to secular trends of top income growth and delayed family formation amongst young college graduates.
Subfields: Economics and Econometrics, Sociology and Political Science, Urban Studies
View Paper: https://www.semanticscholar.org/paper/5dee1d4b3014bbb01468e695a3ea46e98b85ce42
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In Economics and Econometrics
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Citations in the corpus
- Income Growth and the Distributional Effects of Urban Spatial Sorting (2019, unknown): “Couture and Handbury (2020) document that downtown areas of major cities have a higher density of such amenities.”
- Are Poor Cities Cheap for Everyone? Non-Homotheticity and the Cost of Living Across U.S. Cities (2013, background): “…disparities in income and skill observed across U.S. cities: high-skill, high-income workers co-locate because they enjoy more utility from certain endogenous local amenities than low-skill, low-income consumers (see, e.g., Glaeser et al. (2001), Diamond (2016) and Couture and Handbury (2020)).”
- East-Side Story: Historical Pollution and Persistent Neighborhood Sorting (2016, unknown): “…on the gentrification of historic centers in US cities (Brueckner and Rosenthal 2009; Guerrieri, Hartley, and Hurst 2013; Baum-Snow and Hartley 2020; Couture and Handbury 2020), which, in turn, builds on previous research on the dynamics of segregation and tipping points (Schelling 1971; Card, Mas,…”