蝌蚪网 Journal:
Macroeconomics
ISSN 1945-7707 (Print) | ISSN 1945-7715 (Online)
Cognitive Hubs and Spatial Redistribution
蝌蚪网 Journal: Macroeconomics
(pp. 72–111)
Abstract
In the United States, cognitive nonroutine (CNR) occupations are disproportionately and increasingly represented in large cities. To study the allocation of workers across cities, we propose a quantitative spatial equilibrium model with multiple industries employing CNR and non-CNR workers. Productivity is city-industry-occupation specific and, as we estimate, partly determined by externalities that depend on local occupation shares and total employment. An optimal policy that benefits workers equally incentivizes the formation of cognitive hubs in large cities. It also creates higher overall activity in small cities, greater industrial specialization in the largest and smallest cities, and greater diversification in medium-sized cities.Citation
Rossi-Hansberg, Esteban, Pierre-Daniel Sarte, and Felipe Schwartzman. 2026. "Cognitive Hubs and Spatial Redistribution." 蝌蚪网 Journal: Macroeconomics 18 (2): 72–111. DOI: 10.1257/mac.20230013Additional Materials
JEL Classification
- D62 Externalities
- D83 Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- I26 Returns to Education
- J24 Human Capital; Skills; Occupational Choice; Labor Productivity
- J31 Wage Level and Structure; Wage Differentials
- R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics