| 000 | 01146nam a22001457a 4500 | ||
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_c522873 _d522873 |
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| 008 | 230609b ||||| |||| 00| 0 eng d | ||
| 100 |
_aBerkes, Enrico and Gaetani, Ruben _941688 |
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| 245 | _aIncome segregation and the rise of the knowledge economy | ||
| 260 | _aAmerican Economic Journal: Applied Economics | ||
| 300 | _a15(2), Apr, 2023: p.69-102 | ||
| 520 | _aWe analyze the effect of an increase in knowledge-intensive activities on spatial inequality in US cities. We leverage a predetermined network of patent citations to instrument for local innovation trends. Between 1990 and 2010, a one-standard-deviation increase in patent growth increases income segregation by 0.65 Gini points, corresponding to 0.31 standard deviations of the over-time change in income segregation. This effect mainly arises from the sorting of residents by income, occupation, and education. Local shocks to innovation induce a clustering of knowledge-intensive jobs and residents, amplified by the response of rents and amenities.- Reproduced | ||
| 773 | _aAmerican Economic Journal: Applied Economics | ||
| 906 | _aKNOWLEDGE ECONOMY | ||
| 942 | _cAR | ||