Microeconomic Insights:
The economics of density: evidence from the Berlin Wall
9 August 2018
Authors: Gabriel Ahlfeldt (London School of Economics), Stephen Redding (Princeton University), Daniel Sturm (London School of Economics), Nikolaus Wolf (Humboldt University Berlin)
The Berlin Wall provides a unique natural experiment for identifying the key sources of urban development. This research, for which its authors have recently been awarded the prestigious Frisch Medal, shows how property prices and economic activity in the east side of West Berlin, close to the historic central business district in East Berlin, began to fall when the city was divided;….
The Economics of Density: Evidence from the Berlin Wall by Gabriel M. Ahlfeldt, Stephen J. Redding, Daniel M. Sturm, and Nikolaus Wolf was published by Econometrica in November 2015.
The Economics of Density: Evidence from the Berlin Wall Gabriel M. Ahlfeldt, Stephen J. Redding, Daniel M. Sturm and Nikolaus Wolf SERC/Urban and Spatial Programme Discussion Paper No. 118.