This paper studies the social desirability of agglomeration and the efficiency arguments for policy intervention in a simple, analytically solvable 'new economic geography' model with two trade integrating regions. The location pattern emerging as market equilibrium is bubbleshapedʺ, i.e. it...

We investigate whether time-persistent cultural borders impede economic exchange across regions of the same country. To measure cultural differences we evaluate, for the first time in economics, linguistic micro-data about phonological and grammatical features of German dialects. These data are...

Why are better educated and more risk-friendly persons more mobile across regions? To answer this question, we use micro data on internal migrants from the German Socio- Economic Panel (SOEP) 2000-2006 and merge this information with a unique proxy for region-pair-specific cultural distances...

Die Corona-Krise hat ihren Ausgangspunkt in China und große gesundheitliche sowie wirtschaftliche Schäden verursacht. Mittlerweile sind auch in Japan, Korea, Italien, Deutschland, Großbritannien, Frankreich, Spanien und vor allem den USA hohe und rapide wachsende Fallzahlen von Infektionen...