MARC Record from Library of Congress

LEADER: 02086cam a22003137a 4500
001 2005615629
003 DLC
005 20050113090046.0
007 cr |||||||||||
008 050113s2004 mau sb 000 0 eng
010 $a 2005615629
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aOttaviano, Gianmarco I. P.
245 14 $aThe economic value of cultural diversity$h[electronic resource] :$bevidence from US cities /$cGianmarco I.P. Ottaviano, Giovanni Peri.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2004.
490 1 $aNBER working paper series ;$vworking paper 10904
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 1/13/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"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.
650 0 $aMulticulturalism$xEconomic aspects$zUnited States.
650 0 $aImmigrants$zUnited States$xEconomic conditions.
700 1 $aPeri, Giovanni.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 10904.
856 40 $uhttp://papers.nber.org/papers/w10904