Housing markets are typically segmented into a number of different sub-markets. If the sub-markets are not included in the hedonic estimation process, parameters will be biased. Furthermore, if neighborhood characteristics are omitted there is a risk that spatial dependency will be present, and...

During the past 15 years, Swedish higher education policy has emphasized the spatial decentralization of post-secondary education. We investigate the economic effects of this decentralization policy on productivity and output per worker. We rely upon a 14-year panel of output and employment for...