Showing 1 - 10 of 227
the origin of their differences. -- new economic geography ; agglomeration ; location pattern ; regional policy … particular with respect to the shape of the location pattern and the efficiency of the market equilibrium. This reflects the fact …
Persistent link: https://www.econbiz.de/10003355651
This paper presents a simple, analytically solvable Chamberlinian agglomeration model. As in the canonical core-periphery (CP) model, two agglomerative forces are at work. However, the present model exhibits a "pitchfork bifurcation" rather than the "tomahawk bifurcation" of the CP model.
Persistent link: https://www.econbiz.de/10011403753
Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a … technology that integrates two economies by merging separate social spheres into one. We define a "trembling trade" as a … situation in which gains from trade are less than losses in relative income, with the result that global social welfare is …
Persistent link: https://www.econbiz.de/10012295537
This paper evaluates the impact of public employment on private sector activity using the relocation of the German federal government from Berlin to Bonn in the wake of the Second World War as a source of exogenous variation. To guide our empirical analysis, we develop a simple economic...
Persistent link: https://www.econbiz.de/10011785702
low and high relative ECE access. The average family in Minnesota lives in a location where there are nearly two children …
Persistent link: https://www.econbiz.de/10011814820
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …
Persistent link: https://www.econbiz.de/10012099470
of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK …
Persistent link: https://www.econbiz.de/10015048791
Place-based attachments are important but often overlooked. Place-based attachments can be beneficial but often harm individuals tied to struggling areas. In this address, I discuss my own education and migration experiences and then more generally discuss sense of belonging as a friction to...
Persistent link: https://www.econbiz.de/10013330622
The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10003646704
degrees of firms' technological capabilities. These findings may be useful to help policy making to meet the priorities …
Persistent link: https://www.econbiz.de/10003831766