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This paper provides a simple theory of geographical mobility which simultaneously explains people’s choice of … of production which seeks to obtain the highest possible economic return. Our theory comprehends applications to …
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This paper investigates the impact of labor markets and economies of agglomeration on firms location. We show that the existence of a lower bound on wage (e.g. a minimum wage or a reservation wage) introduces asymmetric location of firms. Moreover, changes in that lower bound or in global...
Persistent link: https://www.econbiz.de/10011339671
If people come to live in a country different from their nation state, due to border shifts, expulsion, or migration, they adopt some of the new country's habits after some time. This paper investigates their (return) migration decision when they have been restricted to live in the foreign...
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We empirically model performance in the final round of a multiple-round tournament as a spatially autoregressive process, allowing us to sign and quantify the endogenous interactions between competitors. Doing so speaks to significant regularities in the data that suggest that a player's own...
Persistent link: https://www.econbiz.de/10003603597
Studies of the joint time-use decisions of spouses have relied on joint estimation of time-use equations, sometimes assuming correlated errors across spouses' equations and sometimes directly examining the effects of one spouse's time use on another's, relying on panel data or instrumental...
Persistent link: https://www.econbiz.de/10010259539
This paper studies how the strength of social ties are affected by the geographical location of other individuals and their social capital. We characterize the equilibrium in terms of both social interactions and social capital. We show that lower travel costs increase not only the interaction...
Persistent link: https://www.econbiz.de/10013264823