Showing 1 - 10 of 540
This paper studies the sources of agglomeration economies in cities. We begin by introducing a simple dynamic spatial equilibrium model that incorporates spillovers within and across industries, as well as city-size effects. The model generates a dynamic panel-data estimation equation. We...
Persistent link: https://www.econbiz.de/10013031569
Using newly-constructed spatially-disaggregated data for London from 1801-1921, we show that the invention of the steam … find that removing the entire railway network reduces the population and the value of land and buildings in London by up to … 51.5 and 53.3 percent respectively, and decreases net commuting into the historical center of London by more than 300 …
Persistent link: https://www.econbiz.de/10012911089
This study provides new evidence on the impact of air pollution in a high-pollution high-mortality setting: London over … London's famous fog events, which trapped emissions in the city. My results show that acute pollution exposure due to fog … events accounted for at least one out of every 200 deaths in London during this century. I also provide the first well …
Persistent link: https://www.econbiz.de/10012922212
synchronized with the London Interbank Offered Rate (LIBOR) denominated in the US dollar and the Japanese yen. Regardless of the …
Persistent link: https://www.econbiz.de/10013127007
This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which …
Persistent link: https://www.econbiz.de/10012958583
London the new center of the advanced art world. As Hirst reaches the age of 40, this paper uses auction results to measure … American artist under 40 has achieved. Whether London can continue its success will depend in part on whether it can match New …
Persistent link: https://www.econbiz.de/10013252331
This paper uses an original data set of more than 3000 cases from 1918 to 1926 in the Central Criminal Courts of London …
Persistent link: https://www.econbiz.de/10012998961
This paper presents five theoretical openness-and-growth links that can account for trade-induced investment-led growth. The links are all demonstrated with neoclassical growth models developed in the context of trade models that allow for imperfect competition and scale economies. This sort of...
Persistent link: https://www.econbiz.de/10014158621
Although large changes in real exchange rates have occurred during the past decades, the real implications of these movements remain an empirical question. Using detailed data from the United States, Canada, the United Kingdom, and Japan we examine the implications of exchange rates for time...
Persistent link: https://www.econbiz.de/10014158798
We show that the size of the public debt, the budget deficit and the monetary overhang made it impossible for France to stabilize its price level and return to the pre-war parity immediately after World War I, even on the anti-keynesian assumption that a stabilization would not have had any...
Persistent link: https://www.econbiz.de/10014076254