Calendrier du 06 février 2023
GSIELM (Graduate Students International Economics and Labor Market) Lunch Seminar
Du 06/02/2023 de 13:00 à 14:00
Maison des Sciences Economiques, Salle 116
CASTIELLO Maxence (Paris 1)
Railroads, Geographic and Social Mobility: Evidence from Nineteen Century America
écrit avec Clément Bosquet (CES)
We provide microeconomic evidence on the effect of transportation infrastructure in shaping individuals' opportunities. We use the expansion of the railway network in the 19th century United-States and individual-level longitudinal data. Exploiting time-variation in railroad connectivity in a DiD fashion, we document substantial shifts in the local economic activities at the county-level. These changes in the occupational structure primarly benefited the youngest cohorts, suggesting for intergenerational mobility effects. We implement a gravity framework to further investigate the underlying role of geographic mobility and local opportunities in promoting social mobility.