individual’s decision to start a business is determined by his or her age and, therefore, that a change in a region’s age … distribution affects the expected number of startups in the region. Using German regional data, we estimate a count-data model and …

prices are farther away from fundamentals compared to consensus. This defines a “Keynesian” region; the complementary region …

When providing public goods through voluntary contributions, a donor may introduce unilateral matching in order to … reduce underprovision of the public good and thus inefficiency. By itself, however, matching benefits the donor but harms the …

favorable conditions for matching on the one hand, and for global collective decisions on the other hand. We establish …

This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are … receive a job offer from each region. The rest of the framework builds upon Moretti (2011). Increasing the matching … loss in net output is non negligible and rising in the matching effectiveness in the other region. …

Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of …