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Title: City of Dreams
Resulting in 1 citation.
1. De la Roca, Jorge
Ottaviano, Gianmarco P.
Puga, Diego
City of Dreams
Journal of the European Economic Association published online (30 July 2022): DOI: 10.1093/jeea/jvac042.
Also: https://academic.oup.com/jeea/advance-article/doi/10.1093/jeea/jvac042/6652214
Cohort(s): NLSY79
Publisher: Oxford University Press
Keyword(s): Cognitive Ability; Mobility; Self-Esteem; Urbanization/Urban Living

Permission to reprint the abstract has not been received from the publisher.

Bigger cities offer more valuable experience and opportunities in exchange for higher housing costs. While higher-ability workers benefit more from bigger cities, they are not more likely to move to one. Our model of urban sorting by workers with heterogeneous self-confidence and ability suggests flawed self-assessment is partly to blame. Analysis of NLSY79 data shows that, consistent with our model, young workers with high self-confidence are more likely to locate in a big city initially. For more experienced workers, ability plays a stronger role in determining location choices, but the lasting impact of earlier choices dampens their incentives to move.
Bibliography Citation
De la Roca, Jorge, Gianmarco P. Ottaviano and Diego Puga. "City of Dreams." Journal of the European Economic Association published online (30 July 2022): DOI: 10.1093/jeea/jvac042.