Heuermann, Daniel F.; Schmieder, Johannes F. - 2014 - February 2014
. In this paper we use the introduction of high-speed rail as a natural experiment in order to isolate the impact of labor … markets without directly affecting product markets. The exact timing of the opening of high-speed rail connections can be … regarded as exogenous, as a high-speed rail network is very expensive to build, requires a long planning phase and is mainly …