We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...

Klappentext: Wirtschaftspolitische Maßnahmen werden häufig damit begründet, dass anderenfalls Investitionen ins Ausland verlagert würden und Exporte, Forschung, Wachstum sowie Beschäftigung im Inland sinken könnten. Zur Beurteilung dieser Argumente arbeitet der Autor die wesentlichen...

We develop and estimate a theory-consistent gravity model for interregional migration flows in the presence of unemployment. Micro-founded in a setting where search friction regulates labor market transitions, we derive a migration gravity equation for bilateral mobility that embodies a...

In this research, the relationship between globalisation and poverty and income inequality is determined. A whole new globalisation index has been constructed based on data covering a large sample of 65 developing countries. The index is based on the globalisation index proposed by A.T....