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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

Skill vs. Luck in Entrepreneurship and Venture Capital : Evidence from Serial Entrepreneurs

Gompers, Paul A. - 2014

This paper argues that a large component of success in entrepreneurship and venture capital can be attributed to skill. We show that entrepreneurs with a track record of success are more likely to succeed than first time entrepreneurs and those who have previously failed. Funding by more...

Persistent link: https://www.econbiz.de/10012752094

Cyclical Job Ladders by Firm Size and Firm Wage

Haltiwanger, John - 2017

We study whether workers progress up firm wage and size job ladders, and the cyclicality of this movement. Search theory predicts that workers should flow towards larger, higher paying firms. However, we see little evidence of a firm size ladder, partly because small, young firms poach workers...

Persistent link: https://www.econbiz.de/10012954466

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

Smart Institutions, Foolish Choices? The Limited Partner Performance Puzzle

Lerner, Josh - 2009

The returns that institutional investors realize from private equity investments differ dramatically across institutions. Using detailed and hitherto unexplored records of fund investors and performance, we document large heterogeneity in the performance of different classes of limited partners....

Persistent link: https://www.econbiz.de/10012767586

Job Displacement and the Duration of Joblessness : The Role of Spatial Mismatch

Andersson, Fredrik - 2014

This paper presents a new approach to the measurement of the effects of spatial mismatch that takes advantage of matched employer-employee administrative data integrated with a person-specific job accessibility measure, as well as demographic and neighborhood characteristics. The basic...

Persistent link: https://www.econbiz.de/10013054875

Corruption in America

Glaeser, Edward L.; Saks, Raven E. - 2021

We use a data set of federal corruption convictions in the U.S. to investigate the causes and consequences of corruption. More educated states, and to a less degree richer states, have less corruption. This relationship holds even when we use historical factors like education in 1928 or...

Persistent link: https://www.econbiz.de/10013218129

Labor Productivity : Structural Change and Cyclical Dynamics

Bartelsman, Eric J.; Haltiwanger, John; Baily, Martin Neil - 2021

A longstanding puzzle of empirical economics is that average labor productivity declines during recessions and increases during booms. This paper provides a framework to assess the empirical importance of competing hypotheses for explaining the observed procyclicality. For each competing...

Persistent link: https://www.econbiz.de/10013219301

Cities, Regions and the Decline of Transport Costs

Glaeser, Edward L.; Kohlhase, Janet E. - 2021

The theoretical framework of urban and regional economics is built on transportation costs for manufactured goods. But over the twentieth century, the costs of moving these goods have declined by over 90% in real terms, and there is little reason to doubt that this decline will continue....

Persistent link: https://www.econbiz.de/10013220511

The Enforcement of Intellectual Property Rights : A Survey of the Empirical Literature

Lanjouw, Jean O.; Lerner, Josh - 2021

rights, and (iv) the impact of intellectual property" litigation on the innovation process itself …

Persistent link: https://www.econbiz.de/10013239934