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Green cities? : urbanization, trade and the environment

Borck, Rainald; Pflüger, Michael - 2015

This paper establishes a simple theoretical framework which comprises key forces that shape the structure and interrelation of cities to study the interdependencies between urban evolution and the environment. We focus on the potential of the unfettered market forces to economize on emissions. A...

Persistent link: https://www.econbiz.de/10011283185

Space, search and efficiency

Wasmer, Etienne; Zenou, Yves - 2000

We investigate the role of spatial frictions in search equilibrium unemployment. For that, we develop a model of the labor market in which workers? location in an agglomeration depends on commuting costs, the endogenous price of land and the value of job search and employment. We first show that...

Persistent link: https://www.econbiz.de/10011336862

Integration, agglomeration and welfare

Pflüger, Michael (contributor); Südekum, Jens (contributor) - 2004 - [Elektronische Ressource]

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...

Persistent link: https://www.econbiz.de/10002429482

Acquisition of skills, education subsidies, and agglomeration of firms

Toulemonde, Eric (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001829820

SISTA: learning optimal transport costs under sparsity constraints

Carlier, Guillaume; Dupuy, Arnaud; Galichon, Alfred; … - 2021

In this paper, we describe a novel iterative procedure called SISTA to learn the underlying cost in optimal transport problems. SISTA is a hybrid between two classical methods, coordinate descent ("S"-inkhorn) and proximal gradient descent ("ISTA"). It alternates between a phase of exact...

Persistent link: https://www.econbiz.de/10012519120

Welfare analysis in a Schumpeterian growth model with capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10011401108

Does the wealth tax kill jobs?

Bjørneby, Marie; Markussen, Simen; Røed, Knut - 2020

tax imposed on owners of small and medium sized businesses affects their firms' investment and employment decisions …

Persistent link: https://www.econbiz.de/10012295610

Interest rate hysteresis in macroeconomic investment under uncertainty

Belke, Ansgar; Göcke, Matthias - 2019

The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …

Persistent link: https://www.econbiz.de/10012099522

Infinite dimensional VARs and factor models

Chudik, Alexander (contributor); … - 2007

documented by Monte Carlo experiments. An empirical application to modelling of real GDP growth and investment-output ratios … dominant effects are found. The results also suggest that increase in investment as a share of GDP predict higher growth rate …

Persistent link: https://www.econbiz.de/10003646695

The efficient and fair approval of "multiple-cost - "single-benefit" projects under unilateral information

Kahana, Nava; Mealem, Yosef; Nitsan, Shemuʾel - 2009

This paper focuses on indivisible multiple-costsingle-benefit projects that must be approved by the government. A simple mechanism is proposed that ensures an efficient and fair implementation of such projects. The proposed mechanism is appropriate for a unilateral information structure: the...

Persistent link: https://www.econbiz.de/10003847080

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