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Ortalo-Magné, François; Prat, Andrea - C.E.P.R. Discussion Papers - 2010

People choose where to live and how much to invest in housing. Traditionally, the first decision has been the domain of spatial economics, while the second has been analyzed in finance. Spatial asset pricing is an attempt to combine equilibrium concepts from both disciplines. In the finance...

Persistent link: https://www.econbiz.de/10008468506

Property Tax and Urban Sprawl. Theory and Implications for U.S. Cities

Song, Yan; Zenou, Yves - C.E.P.R. Discussion Papers - 2005

This article attempts a formal analysis of the connection between property tax and urban sprawl in U.S. cities. We develop a theoretical model that includes households (who are also landlords) and land developers in a regional land market. We then test the model empirically based on a national...

Persistent link: https://www.econbiz.de/10005067619

New Economic Geography: an appraisal on the occasion of Paul Krugman's 2008 Nobel Prize in Economics

Fujita, Masahisa; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2008

Paul Krugman has clarified the microeconomic underpinnings of both spatial economic agglomerations and regional imbalances at national and international levels. He has achieved this with a series of remarkably original papers and books that succeed in combining imperfect competition, increasing...

Persistent link: https://www.econbiz.de/10005497703

How Urbanization Affect Employment and Social Interactions

Sato, Yasuhiro; Zenou, Yves - C.E.P.R. Discussion Papers - 2014

population has an intermediate size because there are too few social interactions compared to the social optimum. Finally, even …

Persistent link: https://www.econbiz.de/10011084303

The Geography of Development within Countries

Desmet, Klaus; Henderson, J Vernon - C.E.P.R. Discussion Papers - 2014

This chapter describes how the spatial distribution of economic activity changes as economies develop and grow. We start with the relation between development and rural-urban migration. Moving beyond the coarse rural-urban distinction, we then focus on the continuum of locations in an economy...

Persistent link: https://www.econbiz.de/10011084674

The Economic Value of Cultural Diversity: Evidence from US Cities

Ottaviano, Gianmarco; Peri, Giovanni - C.E.P.R. Discussion Papers - 2004

We use data on wages and rents in different US cities to assess the amenity effects on production and consumption of cultural diversity as measured by diversity of countries of birth of city residents. We show that US-born citizens living in metropolitan areas where the share of foreign-born...

Persistent link: https://www.econbiz.de/10005792376

Size Really Doesn't Matter: In Search of a National Scale Effect

Rose, Andrew K - C.E.P.R. Discussion Papers - 2005

link the population of a country to a host of economic and social phenomena. Using both graphical and statistical …

Persistent link: https://www.econbiz.de/10005498014

New Evidence on the Fertility Transition in Ireland 1880-1911

O'Gráda, Cormac - C.E.P.R. Discussion Papers - 1991

Recent analyses of Ireland's marital fertility transition based on the Princeton Ig and the Stanford CPA measures are reassessed. Revised county estimates of Ig are subjected to regression analysis, and added insight into CPA is offered by comparing Ireland with Scotland and applying the measure...

Persistent link: https://www.econbiz.de/10005281369

Does Fertility Respond to Financial Incentives?

Laroque, Guy; Salanié, Bernard - C.E.P.R. Discussion Papers - 2005

There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household level. We put forward an identification strategy that relies on the fact that variation of wages induces variation in benefits and tax credits among 'comparable' households. We...

Persistent link: https://www.econbiz.de/10005666789

The Ethical Foundations of Population Policies

Dasgupta, Partha - C.E.P.R. Discussion Papers - 1984

of future population size. The essay begins with a summary of welfare economic theory as it pertains to situations where … population size is not subject to choice, and notes that a symmetry (or anonymity) axiom on social welfare functions has almost … invariably been invoked in the theory. It then summarizes optimum population theory and emphasizes that the existing theory …

Persistent link: https://www.econbiz.de/10005666921