Similar Search Results

What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns

Ellison, Glenn - 2010

Many industries are geographically concentrated. Many mechanisms that could account for such agglomeration have been proposed. We note that these theories make different predictions about which pairs of industries should be coagglomerated. We discuss the measurement of coagglomeration and use...

Persistent link: https://www.econbiz.de/10012760106

Comparative Localization of Academic and Industrial Spillovers

Adams, James D. - 2021

This paper studies localization of academic and industrial knowledge spillovers. Using data on U.S. Research and Development laboratories, that quantify spatial aspects of learning about universities and firms as well as their locations, I find that academic spillovers are more localized than...

Persistent link: https://www.econbiz.de/10013244883

Urban Networks : Connecting Markets, People, and Ideas

Glaeser, Edward L. - 2016

Should China build mega-cities or a network of linked middle-sized metropolises? Can Europe's mid-sized cities compete with global agglomeration by forging stronger inter-urban links? This paper examines these questions within a model of recombinant growth and endogenous local amenities. Three...

Persistent link: https://www.econbiz.de/10013002676

Urban Decline and Durable Housing

Glaeser, Edward L.; Gyourko, Joseph - 2021

People continue to live in many big American cities, because in those cities housing costs less than new construction. While cities may lose their productive edge, their houses remain and population falls only when housing depreciates. This paper presents a simple durable housing model of urban...

Persistent link: https://www.econbiz.de/10013221282

Why is There More Crime in Cities?

Glaeser, Edward L.; Sacerdote, Bruce - 2021

Crime rates are much higher in big cities than in either small cities or rural areas, and this situation has been relatively pervasive for several centuries. This paper attempts to explain this connection by using victimization data, evidence from the NLSY on criminal behavior and the Uniform...

Persistent link: https://www.econbiz.de/10013229827

Multinationals and the Gains from International Diversification

Rowland, Patrick F. - 2002

One possible explanation for home bias is that investors may obtain indirect international diversification benefits by … tests to examine the diversification potential of multinational firms and foreign market indices for investors domiciled in … multinational stocks. However, there is weak evidence that U.S. multinationals provided global diversification benefits in the full …

Persistent link: https://www.econbiz.de/10012787511

Firm Diversification and CEO Compensation : Managerial Ability or Executive Entrenchment?

Rose, Nancy L. - 2000

average 1990 salary gains of $115,000 to $145,000 per year for our sample. Diversification may raise pay because the CEO's job … the diversification premium to be invariant to tenure. Entrenchment models suggest higher premia for more experienced … over an entrenchment explanation. The diversification premium is unaffected by tenure, and increasing diversification …

Persistent link: https://www.econbiz.de/10012788556

Immigration and Product Diversity

Mazzolari, Francesca - 2010

We study the effects of immigration on the diversity of consumption choices. Data from California in the 1990s indicate that immigration is associated with fewer stand-alone retail stores, and a greater number of large and in particular big-box retailers - evidence that likely contradicts a...

Persistent link: https://www.econbiz.de/10012757528

The Diversification Discount : Cash Flows vs. Returns

Lamont, Owen A. - 2010

Diversified firms have different values than comparable portfolios of single-segment firms. These value differences must be due to differences in either future cash flows or future returns. Expected security returns on diversified firms vary systematically with relative value. Discount firms...

Persistent link: https://www.econbiz.de/10012763347

Do Nontraded Goods Explain the Home Bias Puzzle?

Pesenti, Paolo A. - 2010

domestic shares under full diversification. When stock-market data are directly used, the predicted coefficient of home bias …

Persistent link: https://www.econbiz.de/10012763897

1
2
3
4
5
6
7
8
9
10
Next
Last