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Employment Deconcentration A New Perspective on Americas….pdf

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Employment Deconcentration A New Perspective on Americas….pdf

FEDERAL RESERVE BANK OF PHILADELPHIA T en Independence Mall Philadelphia, Pennsylvania 19106-1574 (215) 574-6428, WORKING PAPER NO. 01-4 EMPLOYMENT DECONCENTRATION: A NEW PERSPECTIVE ON AMERICA’S POSTWAR URBAN EVOLUTION Gerald A. Carlino And Satyajit Chatterjee Federal Reserve Bank of Philadelphia First Draft: August 1999 Revised: March 2001 WORKING PAPER 01-4 EMPLOYMENT DECONCENTRATION: A NEW PERSPECTIVE ON AMERICA’S POSTWAR URBAN EVOLUTION by Gerald Carlino and Satyajit Chatterjee Federal Reserve Bank of Philadelphia First Draft: August 1999 Revised: March 2001 We thank Ted Crone, Vern Henderson, David Plane, Jordan Rappaport, and Jacob Vigdor, for helpful comments and suggestions. The opinions expressed here are solely those of the authors and do not necessarily represent those of the Federal Reserve Bank of Philadelphia or the Federal Reserve System. ABSTRACT In this study we show that during the postwar era, the United States experienced a decline in the share of urban employment accounted for by the relatively dense metropolitan areas and a corresponding rise in the share of relatively less dense ones. This tr