Showing 1 - 10 of 26
The price of vacant land zoned for housing is expected to be tightly linked to housing prices. In informationally efficient markets, vacant lot price movements should not lag changes in housing prices. In practice, however, the leading role of housing appreciation with respect to vacant lot...
Persistent link: https://www.econbiz.de/10012503007
Digital work settings potentially facilitate remote collaboration and thereby decrease geographic frictions in knowledge work. Here, I analyze spatial collaboration patterns of some 191 thousand software developers in the United States on the largest code repository platform GitHub. Despite...
Persistent link: https://www.econbiz.de/10014496404
Software engineering is a field with strong geographic concentration, with Silicon Valley as the epitome of a tech cluster. Yet, most studies on the productivity effects of agglomerations measure innovation with patent data, thus capturing only a fraction of the industry's activity. With data...
Persistent link: https://www.econbiz.de/10014480228
We present and test a theory of prospective and retrospective pocketbook voting. Focusing on two large reforms in Sweden, we establish a causal chain from policies to sizeable individual gains and losses and then to voting. The Social Democrats proposed budget cuts affecting parents with young...
Persistent link: https://www.econbiz.de/10012502994
Regression discontinuity designs (RDD) are widely used in the social sciences to estimate causal effects from observational data. Scholars can choose from a range of methods that implement different RDD estimators, but there is a paucity of research on the performance of these different...
Persistent link: https://www.econbiz.de/10012503088
We study the link between geographic political representation and geographic distribution of public goods within local jurisdictions using geo-coded data on politicians, the electorate and elementary school closures. We find that poorer neighborhoods are under-represented. Inequality in...
Persistent link: https://www.econbiz.de/10012503091
This paper investigates the impact of peer observation on the consumption decisions of rural households in Thailand using a lab-in-the-field experiment. We find that those groups that observe each other show lower within group standard deviation in their decisions. Thus, we find evidence for...
Persistent link: https://www.econbiz.de/10011434386
We study the implications of the Eurosystem's expanded Asset Purchase Programme (APP) for the bank lending business of euro area banks with euro area non-financial corporations (NFCs) using microeconometric matching techniques. Based on confidential bank-level data on quantitative balance sheet...
Persistent link: https://www.econbiz.de/10012041935
Circular economy (CE) describes an economic concept that aims at saving resources by minimizing the use of material and energy over the entire life-cycle or products, including repair, reuse and recycling. CE innovations help to realize the goals of a sustainable development and target both the...
Persistent link: https://www.econbiz.de/10011999582
The impact of technology on the demand for heterogeneous labor is controversely discussed throughout the literature. New technology which is said to favor high skilled labor and to substitute low skilled labor is often considered as the main reason for the decline in relative demand for low...
Persistent link: https://www.econbiz.de/10011621722