Tag Archives: Enrico Moretti

How big cities that restrict new housing harm the economy

Here’s an interesting article/interview with Enrico Moretti by Emily Badger.

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Growth in Cities and Countries

From Chang-Tai Hsieh and Enrico Moretti: A large micro literature has documented the local forces leading to growth and decline of cities. This paper measures the consequences of these local forces on aggregate output and welfare. We use a Rosen-Roback model of … Continue reading

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3 Links on Corporate Profits

1. Jim Tankersley writes on Boeing and state corporate tax breaks and profiles my job market paper with Juan Carlos Suárez Serrato on the welfare effects of cutting corporate taxes in an open economy 2. Enrico Moretti on the tech boom and … Continue reading

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People, Places and Public Policy: Some Simple Welfare Economics of Local Economic Development Programs

From Pat Kline and Enrico Moretti: Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of “place based” policies attempt to address these differences through public investments and subsidies that target disadvantaged … Continue reading

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Where the Good Jobs Are—and Why

From Enrico Moretti: The American labor market is recovering from a painful recession. But the recovery is geographically uneven. While some parts of the country are booming, others are still stuck in a deep recession. Two groups of localities have … Continue reading

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State Incentives for Innovation, Star Scientists and Jobs: Evidence from Biotech

From Enrico Moretti and Dan Wilson: We evaluate the effects of state-provided financial incentives for biotech companies, which are part of a growing trend of placed-based policies designed to spur innovation clusters. We estimate that the adoption of subsidies for biotech … Continue reading

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Local Economic Development, Agglomeration Economies and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority

Here’s an interesting paper from Pat Kline and Enrico Moretti on local economic development, agglomeration, and the Big Push. We study the long run effects of one of the most ambitious place based economic development policies in U.S. history: the … Continue reading

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