The influence of neighborhood characteristics on wages and eabor supply in an urban context : the case of a latin-american city

Borradores de Economia
Number: 
844
Published: 
Classification JEL: 
J01, J22, O18, R21
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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Using data from Medellín, second largest city in Colombia, we asses in this paper how a set of neighborhood characteristics determines wages and labor supply for workers in the city. We use GIS data to construct measures of the quality of environments whe