LEADER 02541oam 22003733a 450 001 9910693595003321 005 20230622022824.0 035 $a(NBER)w6271 035 $a(CKB)3240000000022004 035 $a(EXLCZ)993240000000022004 100 $a20230622d1997 fy 0 101 0 $aeng 135 $aurcnu|||||||| 200 10$aLearning in Cities /$fEdward Glaeser 210 $aCambridge, Mass$cNational Bureau of Economic Research$d1997 215 $a1 online resource$cillustrations (black and white); 225 1 $aNBER working paper series$vno. w6271 300 $aNovember 1997. 330 3 $aAlfred Marshall argues that industrial agglomerations exist in part because individuals can" learn skills from each other when they live and work in close proximity to one another. An" increasing amount of evidence suggests that the informational role of cities is a primary reason for" their continued existence. This paper formalizes Marshall's theory in a model where individuals" acquire skills by interacting with one another, and dense urban areas increase the speed of" interactions. The model predicts that cities will have a higher mean and higher variance of skills." Cities will attract young people who are not too risk averse and who benefit most from learning" (e.g. more patient people). Older, more skilled workers will stay in cities only if they can" internalize some of the benefits that their presence creates for young people. The level of" urbanization will rise when the demand for skills rises, when the ability to learn by imitation rises or when the level of health in the economy rises. Empirical evidence on urban wages supports the" learning view of cities and a variety of other implications of the theory are corroborated" empirically. 410 0$aWorking Paper Series (National Bureau of Economic Research)$vno. w6271. 606 $aHuman Capital ? Skills ? Occupational Choice ? Labor Productivity$2jelc 606 $aHuman Resources ? Human Development ? Income Distribution ? Migration$2jelc 615 7$aHuman Capital ? Skills ? Occupational Choice ? Labor Productivity 615 7$aHuman Resources ? Human Development ? Income Distribution ? Migration 686 $aJ24$2jelc 686 $aO15$2jelc 700 $aGlaeser$b Edward$0727319 712 02$aNational Bureau of Economic Research. 801 0$bMaCbNBER 801 1$bMaCbNBER 906 $aBOOK 912 $a9910693595003321 996 $aLearning in Cities$93386761 997 $aUNINA