Supplement to "Macroeconomic Implications of Agglomeration"

This document provides supplementary background for the paper.  It discusses (1) the growth model, (2) the data, (3) deriving the moment conditions underlying estimation, (4) measuring the impact of agglomeration on per capita consumption growth (5) solving the model, (6) standard errors of our estimates, (7) monte carlo analysis of our estimation strategy, (8) proofs of equilibrium existence and uniqueness for versions of the model without housing, (9) several perturbations to our estimation and (10) how we verify numerically that the Luttmer (2007) property holds.

Supplemental Authors: 
Morris A. Davis, Jonas D.M. Fisher, and Toni M. Whited