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Working Paper
Innovation spillovers in industrial cities
Older, industrial cities have suffered with the shift from manufacturing to services, but the increased importance of innovation as an economic driver may help industrial cities, which are often rich in the institutions that generate innovation. This paper studies how innovation is related to wages for different types of workers (e.g., more-educated versus less, and younger versus older) and to real estate prices for cities. We also study industrial and occupational employment shares. Our estimates indicate that innovation and aggregate education are associated with greater productivity in ...
Journal Article
Group Effects and Economic Outcomes
Peers and social groups have been implicated in individuals' decisions to drop out of school, quit work, go on welfare, commit crime, have children out of marriage, use controlled substances, and default on mortgages. Indeed, groups are often seen as central to these behaviors. Motivated by the belief that groups have both positive and negative effects on behaviors and outcomes, policymakers have long sought to manipulate the groups to which people are exposed through policies such as schools integration and the shift from high-rise public housing to scattered-site public housing. This report ...
Conference Paper
Geography and innovation: evidence from Nobel Laureate physicists
Bruce Weinberg?s study looks at the development of Nobel-prize-winning research. Using the example of physics, he shows that having a Nobel physicist at a university increases the likelihood that a future Nobel winner initiates their Prize-winning work when the Nobel physicist is in residence.