Income Growth and the Distributional Effects of Urban Spatial Sorting

Income Growth and the Distributional Effects of Urban Spatial Sorting
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收入增长与城市空间排序的分配效应

DOI:
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发表时间:
2019
期刊:
Social Science Research Network
影响因子:
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通讯作者:
Erik Hurst
Erik Hurst
中科院分区:
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文献类型:
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作者:
Victor Couture;C. Gaubert;Jessie Handbury;Erik Hurst

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我们探讨了收入在分布顶端不断增加对美国大城市内空间分类模式的影响。我们开发和量化了一个城市的空间模型,该城市具有异质主体和对具有内生宜人品质的社区的非同质性偏好。随着富人变得越来越富有,对市中心社区提供的高质量便利设施的需求也增加了。不断增长的需求推高了房价,并刺激了市中心更高品质社区的发展。市中心的这种中产阶级化使贫穷的现任者的境况变得更糟,因为他们要么被转移到郊区,要么为他们不那么重视的设施支付更高的租金。我们量化了相应的对幸福不平等的影响。通过量化模型的视角,1990至2014年间收入分配的变化导致了社区变化和城市地区的空间转移,从而增加了富裕家庭相对于贫穷家庭的福利,超过了名义收入不平等的加剧。
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 neighborhoods with endogenous amenity quality. As the rich get richer, demand increases for the high-quality amenities available in downtown neighborhoods. Rising demand drives up house prices and spurs the development of higher quality neighborhoods 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 neighborhood 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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