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Estimating border effects : the impact of spatial aggregation
Coughlin, Cletus Charles; Novy, Dennis - 2016
this paper, we investigate the sensitivity of standard gravity estimation to spatial aggregation. We build a model in which … associated with smaller border effects. The reason is that due to spatial frictions, aggregation across space increases the … mechanism leads to border effect heterogeneity and is independent of multilateral resistance effects in general equilibrium …
Persistent link: https://www.econbiz.de/10011458028
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E-exchange and the boundary between households and organizations
Lindbeck, Assar; Wikström, Solveig - 2002
The new information and communication technology, ICT, induces households to take over tasks from firms and government agencies, using tools and systems provided by these very same organizations. The result is often joint production activities. We argue that the importance of ICT for the...
Persistent link: https://www.econbiz.de/10011514007
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Job search and savings : wealth effects and duration dependence
Lentz, Rasmus; Tranæs, Torben - 2001
In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment; layoffs are random and beyond the worker s influence, while the re-employment chance is directly affected by search effort. We characterize the worker s optimal savings and job-search...
Persistent link: https://www.econbiz.de/10011398412
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Marriage and consumption insurance : what s love got to do with it?
Hess, Gregory D. - 2001
This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their idiosyncratic labor income risk. Ceteris paribus, an individual would prefer to marry a hedge (i.e. a spouse whose income is negatively correlated with her own) as it raises her...
Persistent link: https://www.econbiz.de/10011399259
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For better or for worse? : state-level marital formation and risk sharing
Chami, Ralph; Hess, Gregory D. - 2002
Why do some U.S. states have higher levels of marital formation than others? This paper introduces an economic model wherin a state s representative individual may choose to marry in order to diversify his or her idiosyncratic income risk. The paper demonstrates that such a diversification...
Persistent link: https://www.econbiz.de/10011409730
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Does the balance of power within a family matter? : the case of the retirement equity act
Aura, Saku - 2002
This paper studies within-family decision making regarding investment in income protection for surviving spouses. A change in US pension law (the Retirement Equity Act of 1984) is used as an instrument to derive predictions both from a simple Nash-bargaining model of the household and from the...
Persistent link: https://www.econbiz.de/10011410000
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Working from home and consumption in cities
Alipour, Jean-Victor; Falck, Oliver; Krause, Simon; … - 2025 - This Version: June 2025
We estimate the impact of the Covid-induced shift to working from home (WFH) on offline consumer spending within cities. The analysis builds on a postcode-level panel (2019–2023) of novel cellphone mobility and payment card transaction data for 50 German metropolitan areas (MAs)....
Persistent link: https://www.econbiz.de/10015414040
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What’s the melting pot worth? : multiculturalism and house prices
Cho, Rachel; Farag, Hisham; Görtz, Christoph; McGowan, … - 2025
Is there a multicultural neighborhood price premium? We exploit plausibly exogenous variation in British colonization patterns in Northern Ireland during the early 1600s which created neighborhoods of varying religious composition that persists until today. These religious groups are culturally...
Persistent link: https://www.econbiz.de/10015407393
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Heterogeneity in rent-seeking contests with multiple stages : theory and experimental evidence
Hörtnagl, Tanja; Kerschbamer, Rudolf; Stracke, Rudi; … - 2013
This paper investigates how heterogeneity in contestants ́investment costs affects the competition intensity in a …
Persistent link: https://www.econbiz.de/10010199750
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What is European integration really about? : a political guide for economists
Spolaore, Enrico - 2013
Europe's monetary union is part of a broader process of integration that started in the aftermath of World War II. In this "political guide for economists" we look at the creation of the euro within the bigger picture of European integration. How and why were European institutions established?...
Persistent link: https://www.econbiz.de/10009754523