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What Causes Traffic - and How It Separates Rich and Poor Countries upenn.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upenn.edu Daily Mail and Mail on Sunday newspapers.
That is a new NBER working paper by Protty A. Akbar, Victor Couture, Gilles Duranton, and Adam Storeygard. Here is the abstract: We assemble a new global… ....
The Daily Yonder Analysis: Has the Pandemic Changed Cities Forever? During the pandemic, people with high-wage, knowledge-based jobs are more likely than lower-wage workers to have stopped commuting into major downtowns. As the economy reopens, will they return? Share this: The 14th Street corridor in Logan Circle in Washington, D.C. Nation s capital is famous for its commuter population. With over 670,000 people employed in the District, only around 28% commutes to work from within the city. (Photo by Ted Eytan/FLICKR) The article is excerpted from Economic Focus, published by the Federal Reserve Bank of Richmond. Throughout American history, people have moved from farms and small towns to seek their fortunes in the big city. The story of the last century has been one of increasing urbanization. As of 2018, 86% of Americans lived in cities or surrounding suburbs, and large cities accounted for a similar share of total U.S. economic output. It ....