Book/Printed Material The economic value of cultural diversity evidence from US cities

Title

• The economic value of cultural diversity evidence from US cities

Summary

• "What are the economic consequences to U.S. natives of the growing diversity of American cities? Is their productivity or utility affected by cultural diversity as measured by diversity of countries of birth of U.S. residents? We document in this paper a very robust correlation: US-born citizens living in metropolitan areas where the share of foreign-born increased between 1970 and 1990, experienced a significant increase in their wage and in the rental price of their housing. Such finding is economically significant and survives omitted variable bias and endogeneity bias. As people and firms are mobile across cities in the long run we argue that, in equilibrium, these correlations are consistent only with a net positive effect of cultural diversity on productivity of natives"--National Bureau of Economic Research web site.

Names

• Ottaviano, Gianmarco I. P.
• Peri, Giovanni
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2004.

Headings

• -  Immigrants--United States--Economic conditions
• -  Multiculturalism--Economic aspects--United States

Notes

• -  Title from PDF file as viewed on 1/13/2005.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005615629
• http://papers.nber.org/papers/w10904 External

Library of Congress Control Number

• 2005615629

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2005615629

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• MODS Record
• Dublin Core Record