CAREER: Empirical Studies of Cities' and Neighborhoods' Influence on Income and Consumption Inequality

皮姓氏：钻石标题：职业：城市和社区对收入和消费不平等影响的实证研究建议ID：848036居住地和工作地点的地理位置对经济幸福和不平等起着很大的作用。虽然家庭可以自由地从衰落地区迁徙到繁荣地区，但许多原因会降低流动性，使居民面临当地经济状况的影响。这份职业议程提出了一系列项目，以审查有限流动性的原因和后果，以及它如何在不同收入水平上变化，并最终有助于幸福或不平等。第一线的研究将集中在美国城市和收入水平的消费模式上。第二条线路将调查居住在家人附近的好处。第三项工作将研究金融不稳定和房屋止赎对房主、租房者和房东的影响。为了调查消费不平等的地理位置，调查者将使用覆盖美国5%的关联银行账户和信用卡微观数据的新数据集。这一分析将阐明，消费捆绑是否主要基于一个人的收入，或者一个人的居住地是否会影响他的消费捆绑。第二条工作线将阐明为什么低技能工人似乎不太愿意在城市之间迁移。造成有限移民的一个可能机制是低技能工人希望住在离家人近的地方。虽然地理上靠近家人可能在许多方面都是有益的，但这项研究将使用行政数据调查其劳动力市场价值。第三项工作将分析通过丧失抵押品赎回权而无法进入一个人的家和邻居的成本和后果。该项目将分别研究对房主、租户和房东的影响，以分解丧失抵押品赎回权的财务和驱逐影响。高收入和低收入社区丧失抵押品赎回权影响的异质性将提供额外的证据，证明丧失抵押品赎回权是一种倒退还是进步的政策。这一裁决反映了NSF的法定使命，并通过使用基金会的智力优势和更广泛的影响审查标准进行评估，被认为值得支持。

Abstract PI Last Name: DiamondTitle: CAREER: Empirical Studies of Cities' and Neighborhoods' Influence on Income and Consumption InequalityProposal ID: 848036 The geographic location of one's place of residence and place of work plays a strong role in economic well-being and inequality. While households are free to migrate away from declining areas, towards prospering ones, many reasons mitigate mobility, leaving residents exposed to local economic conditions. This CAREER agenda proposes a line of projects to examine the causes and consequences of limited mobility, how it varies across the income levels, and ultimately contributes to well-being or inequality. The first line of research will focus on the consumption patterns across US cities and income levels. The second line will investigate the benefits of living nearby one's family members. The third line of work will look at the consequences of financial instability and housing foreclosure on homeowners, renters, and landlords.To investigate the geography of consumption inequality, the investigator will use a new dataset of linked bank account and credit card micro data covering 5 percent of the US. This analysis will shed light on whether consumption bundles vary mostly based on one's income or whether one's place of residence influences one's consumption bundle. The second line of work will shed light on why low skill workers appear less willing to migrate between cities. A likely mechanism contributing to limited migration is low skill workers' desire to live near their families. While geographic proximity to one's family may be beneficial in many ways, the research will investigate its labor market value using administrative data. The third line of work will analyze the costs and consequences of losing access to one's home and neighborhood through foreclosure. The project will separately study impacts on homeowner occupants, renters, and landlords to decompose the financial versus eviction effects of foreclosure. Heterogeneity in the impacts of foreclosure across high and low-income neighborhoods will provide additional evidence on whether foreclosure is a regressive or progressive policy.This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.