Location Choice in Early Adulthood: Millennials Versus Baby Boomers
Originally published in Papers in Regional Science
This paper contributes to the literature on the effect of individual‐level characteristics on urban location choice by examining whether young people aged 25–34 with a bachelor's degree or higher are more likely to live in central cities in 2011 than in 1990. When I control for individual‐level characteristics I find that the effect of education on the probability of living in a central city remains similar across generations. This is evidence that to the extent education plays a role in the larger population of high human capital 25–34 year olds in cities in 2011, it is due to a composition effect rather than cities becoming more attractive to educated people at the margin.