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The Spatial Mismatch between Innovation and Joblessness

Glaeser, Edward L. - 2019

's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness …? Could Federal policies disperse innovation without significant costs? If research funding is already maximizing knowledge … production, then spatial reallocation of that funding will reduce America's overall innovation unless that reallocation comes …

Persistent link: https://www.econbiz.de/10012869066

The rise of the skilled city

Glaeser, Edward L.; Saiz, Albert - 2003

Persistent link: https://www.econbiz.de/10002455820

Sources of Business Cycle Fluctuations

Shapiro, Matthew D. - 2010

. This assumption sufficiently restricts the reduced form of key macroeconomic variables to allow estimation of the shocks …

Persistent link: https://www.econbiz.de/10013139739

Check in the Mail or More in the Paycheck : Does the Effectiveness of Fiscal Stimulus Depend on How it is Delivered?

Sahm, Claudia - 2010

Recent fiscal policies, including the 2008 stimulus payments and the 2009 Making Work Pay tax credit, aimed to increase household spending. This paper quantifies the spending response to these policies and examines differences in spending by whether the stimulus was delivered as a one-time...

Persistent link: https://www.econbiz.de/10013139740

Risk and Return : Consumption Versus Market Beta

Mankiw, N. Gregory - 2008

The interaction between the macroeconomy and asset markets is central to a variety of modern theories of the business cycle. Much recentwork emphasizes the joint nature of the consumption decision and the portfolio allocation decision. In this paper, we compare two formulations of the Capital...

Persistent link: https://www.econbiz.de/10012774649

Heterogeneity in Expectations, Risk Tolerance, and Household Stock Shares : The Attenuation Puzzle

Ameriks, John - 2018

relative magnitudes in proportion with the predictions of theories. Incorporating survey measurement error in the estimation … of what benchmark finance theories predict. Because of the careful attention in the estimation to measurement error, the …

Persistent link: https://www.econbiz.de/10012907750

Measuring Gentrification : Using Yelp Data to Quantify Neighborhood Change

Glaeser, Edward L. - 2018

We demonstrate that data from digital platforms such as Yelp have the potential to improve our understanding of gentrification, both by providing data in close to real time (i.e. nowcasting and forecasting) and by providing additional context about how the local economy is changing. Combining...

Persistent link: https://www.econbiz.de/10012911707

Costly Capital Reallocation and the Effects of Government Spending

Ramey, Valerie A. - 2010

Changes in government spending often lead to significant shifts in demand across sectors. This paper analyzes the effects of sector-specific changes in government spending in a two-sector dynamic general equilibrium model in which the reallocation of capital across sectors is costly. The...

Persistent link: https://www.econbiz.de/10012763630

The Response of Consumer Spending to Changes in Gasoline Prices

Gelman, Michael - 2016

impact across consumers of the sudden, large drop in gasoline prices in 2014 for identification. This estimation strategy is …

Persistent link: https://www.econbiz.de/10012976974

The Wealth of Wealthholders

Ameriks, John - 2015

This paper introduces the Vanguard Research Initiative (VRI), a new panel survey of wealthholders designed to yield high-quality measurements of a large sample of older Americans who arrive at retirement with significant financial assets. The VRI links survey data with a variety of...

Persistent link: https://www.econbiz.de/10013027273