Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/241937 
Year of Publication: 
2021
Series/Report no.: 
cemmap working paper No. CWP01/21
Publisher: 
Centre for Microdata Methods and Practice (cemmap), London
Abstract: 
We use archaeological data from ancient settlements of three different historical eras on a Greek island to construct novel measures of consumption. Using these, we show that luxury good consumption was higher closer to the center of nucleated settlements but shows no such pattern in a placebo settlement. We build a monocentric agglomeration model with heterogeneous households, luxury goods and endogenous labor choices that is consistent with the rich living closer to the center and consuming more luxuries. This result holds when intra-settlement transportation costs within the model are predominately time costs, as they mostly were in ancient history.
Subjects: 
Sorting
Luxury goods
Archaeology
Urban
JEL: 
N93
R21
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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