经济
市中心
贵族化
舒适
经济租金
不平等
经济地理学
收入分配
分布(数学)
空间不平等
经济不平等
邻里(数学)
劳动经济学
地理
经济增长
微观经济学
数学分析
考古
数学
财务
作者
Victor Couture,Cécile Gaubert,Jessie Handbury,Erik Hurst
标识
DOI:10.1093/restud/rdad048
摘要
Abstract We explore the impact of rising incomes at the top of the distribution on spatial sorting patterns within large U.S. cities. We develop and quantify a spatial model of a city with heterogeneous agents and non-homothetic preferences for neighbourhoods with endogenous amenity quality. As the rich get richer, demand increases for the high-quality amenities available in downtown neighbourhoods. Rising demand drives up house prices and spurs the development of higher quality neighbourhoods downtown. This gentrification of downtowns makes poor incumbents worse off, as they are either displaced to the suburbs or pay higher rents for amenities that they do not value as much. We quantify the corresponding impact on well-being inequality. Through the lens of the quantified model, the change in the income distribution between 1990 and 2014 led to neighbourhood change and spatial resorting within urban areas that increased the welfare of richer households relative to that of poorer households, above and beyond rising nominal income inequality.
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