Urban Economics
Graduate course, ITAM, 2019
In this course we introduce the main questions and tools of urban economics. We study the determinants of the locations of households and firms within cities, to then analyze economic phenomena specific to cities. We introduce applied econometric tools and structural modelling.
Primary instructor. Course taught in Spanish.
Noticias
- Las calificaciones finales están disponibles.
- Los exámenes finales y los artículos en los que se encuentra la solución están disponibles.
- La segunda entrega de la propuesta de investigación debe ser enviada por correo electrónico a más tardar el Miércoles 31 de Julio a las 06:00 hora de la Ciudad de México. Recuerde que la propuesta debe estar en inglés.
- Las notas de clase de los capítulos 1 a 10 están disponibles. Para el capítulo 9, pueden usar los vínculos a las notas de otros autores. Todas las notas han sido actualizadas para corregir algunos errores. Gracias a todos los que han contribuido a mejorar las notas.
Contenido
Calendario de presentaciones
- Junio 27. Ángel Espinoza. Liu et al. (2018)
- Junio 27. Filix Gómez. Bilal y Rossi-Hansberg (2018)
- Julio 3. Arístides Martínez. Ahlfeldt y Pietrostefani (2019)
- Julio 3. Daniel Loredo. Dauth et al. (2018)
- Julio 8. Rogelio de la Peña. Tsivanidis (2018)
- Julio 9. Maité García. Allen et al. (2019)
- Julio 15. Arturo Boisseauneau. Owens et al. (2017)
- Julio 15. Ricardo Gómez. Dingel et al. (2019)
- Julio 18. Rafael Guerra. Baum-Snow et al. (2019)
- Julio 18. Gustavo Hernández. Diamond y McQuade (2019)
Consejos para presentaciones
Propuesta de investigación
Exámenes
Calificaciones
Capítulo 1. Motivación y el modelo monocéntrico
Referencias principales
- Brueckner, Jan K (1987), “The structure of urban equilibria: A unified treatment of the muth-mills model.” Handbook of Regional and Urban economics, 2, 821–845.
- Daude, Christian, Fajardo, Gustavo, Brassiolo, Pablo, Estrada, Ricardo, Goytia, Cinthia, Sanguinetti, Pablo, Álvarez, Fernando y Vargas, Juan (2017) RED 2017. Crecimiento urbano y acceso a oportunidades: un desafío para América Latina. CAF.
- Duranton, Gilles y Puga, Diego (2015), “Urban land use.” In Handbook of regional and Urban Economics, volume 5, 467–560, Elsevier.
- Fujita, Masahisa (1989) Urban Economic Theory: Land Use and City Size. Cambridge University Press.
- LeRoy, S. F., & Sonstelie, J. (1983). Paradise lost and regained: Transportation innovation, income, and residential location. Journal of Urban Economics, 13(1), 67-89.
Referencias adicionales
Baum-Snow, Nathaniel. (2007). Did highways cause suburbanization?. The Quarterly Journal of Economics, 122(2), 775-805.
Chauvin, Juan Pablo, Glaeser, Edward, Ma, Yueran y Tobio, Kristina. (2017) “What is different about urbanization in rich and poor countries? Cities in Brazil, China, India and the United States”. Journal of Urban Economics 98, 17-49.
Liu, C. H., Rosenthal, S. S., & Strange, W. C. (2018). The vertical city: Rent gradients, spatial structure, and agglomeration economies. Journal of Urban Economics, 106, 101-122.
Michaels, Guy y Ferdinand Rauch. (2018), Resetting the Urban Network: 117–2012. The Economic Journal, 128: 378-412.
Capítulo 2. El modelo multicéntrico.
Referencias principales
- Fujita, M., & Ogawa, H. (1982). Multiple equilibria and structural transition of non-monocentric urban configurations. Regional science and urban economics, 12(2), 161-196.
Referencias adicionales
- Agrawal, D. R., & Hoyt, W. H. (2018). Commuting and taxes: theory, empirics and welfare implications. The Economic Journal, 128(616), 2969-3007.
- Dauth, Wolfgang & Haller, Peter. Loss Aversion in the Trade-off Between Wages and Commuting Distances (2019). Mimeo.
- Harari, M. (2016). Cities in bad shape: Urban geometry in India. Processed, Wharton School of the University of Pennsylvania.
- Lucas, R. E., & Rossi–Hansberg, E. (2002). On the internal structure of cities. Econometrica, 70(4), 1445-1476.
Capítulo 3. Aglomeración y estrategias empíricas.
Referencias principales
- Baum-Snow, N., & Ferreira, F. (2015). Causal inference in urban and regional economics. In Handbook of regional and urban economics (Vol. 5, pp. 3-68). Elsevier.
- Ciccone, A., & Hall, R. E. (1996). Productivity and the Density of Economic Activity. The American Economic Review, 86(1), 54-70.
- Greenstone, M., Hornbeck, R., & Moretti, E. (2010). Identifying agglomeration spillovers: Evidence from winners and losers of large plant openings. Journal of Political Economy, 118(3), 536-598.
Referencias adicionales
Ahlfeldt, G. M. & Pietrostefani, Elisabetta. The economic effects of density: a synthesis. Journal of Urban Economics, 111, 93-107.
- Arzaghi, M., & Henderson, J. V. (2008). Networking off madison avenue. The Review of Economic Studies, 75(4), 1011-1038.
- Duranton, G., & Puga, D. (2000). Diversity and specialisation in cities: why, where and when does it matter?. Urban studies, 37(3), 533-555.
Capítulo 4. Modelos cuantitativos de economía espacial
Referencias principales
Ahlfeldt, G. M., Redding, S. J., Sturm, D. M., & Wolf, N. (2015). The economics of density: Evidence from the Berlin Wall. Econometrica, 83(6), 2127-2189.
Hayashi (2000). Econometrics. Princeton University Press.
Holmes, T. J., & Sieg, H. (2015). Structural estimation in urban economics. In Handbook of regional and urban economics (Vol. 5, pp. 69-114). Elsevier.
Redding, S. J., & Rossi-Hansberg, E. (2017). Quantitative spatial economics. Annual Review of Economics, 9, 21-58.
Referencias adicionales
Eaton, J., & Kortum, S. (2002). Technology, geography, and trade. Econometrica, 70(5), 1741-1779.
Eaton, J., & Kortum, S. (2012). Putting Ricardo to work. Journal of Economic Perspectives, 26(2), 65-90.
Monte, F., Redding, S. J., & Rossi-Hansberg, E. (2018). Commuting, migration, and local employment elasticities. American Economic Review, 108(12), 3855-90.
Pérez-Cervantes, F. (2016). Insurance Against Local Productivity Shocks: Evidence from Commuters in Mexico. Working paper No. 2016-19. Banco de México.
Pérez Pérez, Jorge (2017) City Minimum Wages. Unpublished manuscript.
Severen, Christopher (2019). Commuting, Labor, and Housing Market Effects of Mass Transportation: Welfare and Identification. Unpublished manuscript.
Tsivanidis, N. (2018). The Aggregate and Distributional Effects of Urban Transit Infrastructure: Evidence from Bogotá’s TransMilenio. Unpublished manuscript.
Capítulo 5. Geografía Económica
Referencias principales
- Krugman, Paul (1991). Increasing returns and economic geography. Journal of political economy, 99(3), 483-499.
Capítulo 6. Equilibrio Espacial y Sistemas de Ciudades
Referencias principales
Diamond, Rebecca (2016). The determinants and welfare implications of US workers’ diverging location choices by skill: 1980-2000. American Economic Review, 106(3), 479-524.
Roback, Jennifer (1982). Wages, rents, and the quality of life. Journal of political Economy, 90(6), 1257-1278.
Referencias adicionales
Albouy, D. (2016). What are cities worth? Land rents, local productivity, and the total value of amenities. Review of Economics and Statistics, 98(3), 477-487.
Henderson, J. V. (1974). The sizes and types of cities. The American Economic Review, 64(4), 640-656.
Desmet, K., & Rossi-Hansberg, E. (2013). Urban accounting and welfare. American Economic Review, 103(6), 2296-2327.
Capítulo 7. Efectos del vecindario.
Referencias principales
- Kling, J. R., Liebman, J. B., & Katz, L. F. (2007). Experimental analysis of neighborhood effects. Econometrica, 75(1), 83-119.
- Chetty, R., Hendren, N., & Katz, L. F. (2016). The effects of exposure to better neighborhoods on children: New evidence from the Moving to Opportunity experiment. American Economic Review, 106(4), 855-902.
- Chyn, E. (2018). Moved to opportunity: The long-run effects of public housing demolition on children. American Economic Review, 108(10), 3028-56.
- Davis, M. A., Gregory, J., Hartley, D. A., & Tan, K. (2017). Neighborhood choices, neighborhood effects and housing vouchers.
Referencias adicionales
- Angrist, J. D., & Pischke, J. S. (2008). Mostly harmless econometrics: An empiricist’s companion. Princeton university press.
- Tincani, M. (2017). Heterogeneous peer effects and rank concerns: Theory and evidence.
Capítulo 8. Políticas basadas en el lugar.
Referencias principales
- Busso, M., Gregory, J., & Kline, P. (2013). Assessing the incidence and efficiency of a prominent place based policy. American Economic Review, 103(2), 897-947.
- Neumark, D., & Simpson, H. (2015). Place-based policies. In Handbook of regional and urban economics (Vol. 5, pp. 1197-1287). Elsevier.
Referencias adicionales
- Chetty, R. (2009). Sufficient statistics for welfare analysis: A bridge between structural and reduced-form methods. Annu. Rev. Econ., 1(1), 451-488.
- Kline, P., & Moretti, E. (2013). Local economic development, agglomeration economies, and the big push: 100 years of evidence from the Tennessee Valley Authority. The Quarterly Journal of Economics, 129(1), 275-331.
- Kline, P., & Moretti, E. (2013). Place based policies with unemployment. American Economic Review, 103(3), 238-43.
- Kline, P., & Moretti, E. (2014). People, places, and public policy: Some simple welfare economics of local economic development programs. Annual Review of Economics 6:1, 629-662
Capítulo 9. Mercados inmobiliarios y precios hedónicos.
- Notas de Hillary Hoynes sobre Chay y Greenstone
- Notas de Nathan Schiff sobre Bayer, Ferreira y McMillan
Referencias principales
- Bayer, P., Ferreira, F., & McMillan, R. (2007). A unified framework for measuring preferences for schools and neighborhoods. Journal of political economy, 115(4), 588-638.
- Chay, K. Y., & Greenstone, M. (2005). Does air quality matter? Evidence from the housing market. Journal of political Economy, 113(2), 376-424.
- Rosen, S. (1986). The theory of equalizing differences. In: Handbook of labor economics, 1, 641-692.
Referencias adicionales
- Bajari, P., & Kahn, M. E. (2005). Estimating housing demand with an application to explaining racial segregation in cities. Journal of business & economic statistics, 23(1), 20-33.
- Bayer, P., McMillan, R., Murphy, A., & Timmins, C. (2016). A dynamic model of demand for houses and neighborhoods. Econometrica, 84(3), 893-942.
Capítulo 10. Transporte
Referencias principales
- Small, K. A., Winston, C., & Yan, J. (2005). Uncovering the distribution of motorists’ preferences for travel time and reliability. Econometrica, 73(4), 1367-1382.
- Small, K. A., Winston, C., Yan, J., Baum-Snow, N., & Gómez-Ibáñez, J. A. (2006). Differentiated road pricing, express lanes, and carpools: Exploiting heterogeneous preferences in policy design. Brookings-Wharton Papers on Urban Affairs, 53-96.
Referencias adicionales
- Train, K. E. (2009). Discrete choice methods with simulation. Cambridge university press.