Showing results 1 - 10 of 17
| Edward Glaeser
October 29, 2020, Audio: "Does Zoom mean we all work from home? Will cities bounce back? Will San Francisco and New York fade and smaller cities grow? What problems are the policies causing and can cities reverse downward spirals? How to help unfortunate people who live in cities? Join us for a fast paced discussion with a leader in the field."
| Zoe B. Cullen | Edward Glaeser | Christopher Stanton | Adi Sunderam
July 7, 2020, Paper, "The Paycheck Protection Program (PPP) aimed to quickly deliver hundreds of billions of dollars of loans to small businesses, with the loans administered via private banks. In this paper, we use firm-level data to document the demand and supply of PPP funds. Using an instrumental variables approach, we find that PPP loans led to a 14 to 30 percentage point increase in a business’s expected survival, and a positive but…
| Zoe B. Cullen | Edward Glaeser | Christopher Stanton
2020, Paper, "The threat of COVID-19 has increased the health risks of going to an office or factory, leading more workers to do their jobs remotely. In this paper, we provide results from firm surveys on both small and large businesses on the prevalence and productivity of remote work, and expectations about the persistence of remote work once the COVID-19 crisis ends. We present four main findings. First, while overall levels of remote work…
| Edward Glaeser | Christopher Stanton
April 13, 2020, Opinion, "It will be years before we fully understand the economic impact of the coronavirus, but one thing is painfully clear right now: Small businesses across the country are facing an existential threat. Businesses with fewer than 500 employees account for 48% of American jobs and 43.5% of GDP. Yet while these…
| Edward Glaeser
For Now, Pay Workers to Stay Home. Edward Glaeser, March 23, 2020, Opinion, "Desperate times need extreme measures—and only in the face of the new coronavirus does it make sense for the federal government to send money directly to every American. Cash payments are the most direct way to reduce the economic harm that lockdowns will inflict on the one-fifth of workers employed in vulnerable service industries."…
| Edward Glaeser
The Spatial Mismatch Between Innovation and Joblessness. Edward Glaeser, April 9, 2019, Paper, "American technological creativity is geographically concentrated in areas that are generally distant from the country’s most persistent pockets of joblessness. Should innovation policy attempt to engender more innovation is distressed areas? The primarily inventive parts of innovation policy, such as N.I.H. grants, can aid underperforming areas,…
| Edward Glaeser
Human-Capital Externalities in China. Edward Glaeser, August 2018, Paper, "This paper provides evidences of heterogeneous human-capital externality using CHIP 2002, 2007 and 2013 data from urban China. After instrumenting city-level education using the number of relocated university departments across cities in the 1950s, one year more city-level education increases individual hourly wage by 22.0 percent, more than twice the OLS estimate. Human-…
| Lawrence H. Summers | Edward Glaeser
Saving the heartland: Place-based policies in 21st Century America. Edward Glaeser, Lawrence Summers, March 8, 2018, Paper, "America’s regional disparities are large and regional convergence has declined if not disappeared. This wildly uneven economic landscape calls for a new look at spatially targeted policies. There are three plausible justifications for place-based policies–agglomeration economies, spatial equity and larger marginal returns…
| Edward Glaeser
Urban Productivity in the Developing World. Edward Glaeser, March 2017, Paper, "Africa is urbanizing rapidly, and this creates both opportunities and challenges. Labor productivity appears to be much higher in developing-world cities than in rural areas, and historically urbanization is strongly correlated with economic growth. Education seems to be a strong complement to urbanization, and entrepreneurial human capital correlates strongly with…
| Edward Glaeser
Cities Need To Encourage Entrepreneurship, Not Class Warfare. Edward Glaeser, December 1, 2015, Opinion. "Urban America's problems of poverty and joblessness are real. Progressives have been elected to address those problems, but their simple big-government solutions -- updated but essentially the same as those tried in the past -- are almost sure to fail. We need a more forward-looking urban-policy approach. While many agree that…