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City of Dreams

机译:新濠天地

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摘要

Bigger cities offer more valuable experiences 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 the National Longitudinal Survey of Youth 1979 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.
机译:大城市提供更多有价值的经验和机会,以换取更高的住房成本。从规模更大的城市,他们不是更容易搬到一个。异构自信和工人显示错误的自我评估部分的能力罪魁祸首。青年1979年的调查数据显示,一致我们的模型,年轻工人高自信的人更有可能来定位的大城市最初。能力发挥更强的作用在决定位置的选择,但持久的影响早些时候选择抑制了他们的动机。

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