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Duranton, Gilles - 2018

Many development policies, such as placement of infrastructure or local economic development schemes, are "place-based." Such policies are generally intended to stimulate private sector investment and economic growth in the treated place, and as such they are difficult to appraise and evaluate....

Persistent link: https://www.econbiz.de/10012453154

Changing Income Risk across the US Skill Distribution : Evidence from a Generalized Kalman Filter

Braxton, J. Carter; Herkenhoff, Kyle; Rothbaum, Jonathan L. - National Bureau of Economic Research - 2021

For whom has earnings risk changed, and why? To answer these questions, we develop a filtering method that estimates parameters of an income process and recovers persistent and temporary earnings for every individual at every point in time. Our estimation flexibly allows for first and second...

Persistent link: https://www.econbiz.de/10012794595

Spatial Development

Desmet, Klaus - 2009

We present a theory of spatial development. Manufacturing and services firms located in a continuous geographic area choose each period how much to innovate. Firms trade subject to transport costs and technology diffuses spatially across locations. The result is a spatial endogenous growth...

Persistent link: https://www.econbiz.de/10012463301

Cities, Skills, and Regional Change

Glaeser, Edward L. - 2011

One approach to urban areas emphasizes the existence of certain immutable relationships, such as Zipf's or Gibrat's Law. An alternative view is that urban change reflects individual responses to changing tastes or technologies. This paper examines almost 200 years of regional change in the U.S....

Persistent link: https://www.econbiz.de/10012461723

Local and National Concentration Trends in Jobs and Sales : The Role of Structural Transformation

Autor, David H.; Patterson, Christina; Van Reenen, John - National Bureau of Economic Research - 2023

National industrial concentration in the U.S. has risen sharply since the early 1980s, but there remains dispute over whether local geographic concentration has followed a similar trend. Using near population data from the Economic Censuses, we confirm and extend existing evidence on national...

Persistent link: https://www.econbiz.de/10014250148

Secular Labor Reallocation and Business Cycles

Chodorow-Reich, Gabriel - 2016

We study the effect of mean-preserving labor reallocation on business cycle outcomes. We develop an empirical methodology using a local area's exposure to industry reallocation based on the area's initial industry composition and employment trends in the rest of the country over a full...

Persistent link: https://www.econbiz.de/10012456808

Sprouting Cities : How Rural America Industrialized

Eckert, Fabian; Juneau, John; Peters, Michael - National Bureau of Economic Research - 2023

We study the joint process of urbanization and industrialization in the US economy between 1880 and 1940. We show that only a small share of aggregate industrialization is accounted for by the relocation of workers from remote rural areas to industrial hubs like Chicago or New York City....

Persistent link: https://www.econbiz.de/10013537768

Do Exchange Auctions Work? An Examination of the Bolivian Experience

Dominguez, Kathryn M. - 1991

introduction of its auction, the Bolsin, not only did the parallel market premium for dollars all but disappear in Bolivia, but the …

Persistent link: https://www.econbiz.de/10012475328

Bolivia's Economic Crisis

Morales, Juan Antonio - 1988

By any standard, Bolivia's economic crisis in the 1980's has been extraordinary. Like its neighbors. Bolivia suffered … during 1984-85) suggests that internal factors as well as external shocks have been critical to Bolivia's poor economic … performance. One major theme of our work is that the recent economic crisis in Bolivia is a reflection of political and economic …

Persistent link: https://www.econbiz.de/10012476427

Default and Renegotiation of Latin American Foreign Bonds in the Interwar Period

Jorgensen, Erika - 1988

borrowing and renegotiation experience of five Latin borrowers (Argentina, Bolivia, Chile, Colombia, and Peru). Another goal is …

Persistent link: https://www.econbiz.de/10012476436