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The Economic Approach to Cities
Glaeser, Edward L. - 2008
's equilibrium implies that positive attributes in one location, like access to downtown or high wages, are offset by negative … attributes, like high housing prices. The employer's equilibrium requires that high wages be offset by a high level of … justify high wages is the basis for the study of agglomeration economies which has been a significant branch of urban …
Persistent link: https://www.econbiz.de/10014221308
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Effects of Product Availability : Experimental Evidence
Conlon, Christopher T.; Mortimer, Julie Holland - 2010
Product availability impacts many industries such as transportation, events, and retail, yet little empirical evidence documents the importance of stocking decisions for firm profits, vertical relationships, or consumers. We conduct several experiments, exogenously removing top-selling products...
Persistent link: https://www.econbiz.de/10014189336
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An Exploration of Optimal Stabilization Policy
Mankiw, Nicholas Gregory; Weinzierl, Matthew - 2011
This paper examines the optimal response of monetary and fiscal policy to a decline in aggregate demand. The theoretical framework is a two-period general equilibrium model in which prices are sticky in the short run and flexible in the long run. Policy is evaluated by how well it raises the...
Persistent link: https://www.econbiz.de/10014182608
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Gender Based Taxation and the Division of Family Chores
Alesina, Alberto; Ichino, Andrea; Karabarbounis, Loukas - 2010
family. We explore the cases of superior bargaining power for men, higher men wages and higher women productivity in home …
Persistent link: https://www.econbiz.de/10014222446
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Analyzing the Welfare Impacts of Full-Line Forcing Contracts
Ho, Justin - 2010
Theoretical investigations have examined both anti-competitive and efficiency-inducing rationales for vertical bundling, making empirical evidence important to understanding its welfare implications. We use an extensive dataset on full-line forcing contracts between movie distributors and video...
Persistent link: https://www.econbiz.de/10013136370
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Gender Based Taxation and the Division of Family Chores
Alesina, Alberto - 2010
family. We explore the cases of superior bargaining power for men, higher men wages and higher women productivity in home …
Persistent link: https://www.econbiz.de/10012715616
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The Economics of Place-Making Policies
Glaeser, Edward L.; Gottlieb, Joshua D. - 2008
Should the national government undertake policies aimed at strengthening the economies of particular localities or regions? Agglomeration economies and human capital spillovers suggest that such policies could enhance welfare. However, the mere existence of agglomeration externalities does not...
Persistent link: https://www.econbiz.de/10014213062
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Cities, Skills, and Regional Change
Glaeser, Edward L.; Ponzetto, Giacomo A. M.; Tobio, Kristina - 2015
One approach to urban areas emphasizes the existence of certain immutable relationships, such as Zipf's or Gibrat's Law. An alternative view is that urban change reflects individual responses to changing tastes or technologies. This paper examines almost 200 years of regional change in the U.S....
Persistent link: https://www.econbiz.de/10014183747
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Urban Inequality
Glaeser, Edward L.; Resseger, Matthew; Tobio, Kristina - 2014
What impact does inequality have on metropolitan areas? Crime rates are higher in places with more inequality, and people in unequal cities are more likely to say that they are unhappy. There is also a negative association between local inequality and the growth of both income and population,...
Persistent link: https://www.econbiz.de/10014213056
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A Theory of Regular Markov Perfect Equilibria in Dynamic Stochastic Games : Genericity, Stability, and Purification
Doraszelski, Ulrich; Escobar, Juan F. - 2011
This paper develops a theory of regular Markov perfect equilibria in dynamic stochastic games. We show that almost all dynamic stochastic games have a finite number of locally isolated Markov perfect equilibria that are all regular. These equilibria are essential and strongly stable. Moreover,...
Persistent link: https://www.econbiz.de/10014047621