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Were Jews in Interwar Poland More Educated?
Abramitzky, Ran - 2020
In the context of interwar Poland, we find that Jews tended to be more literate than non Jews, but show that this finding is driven by a composition effect. In particular, most Jews lived in cities and most non-Jews lived in rural areas, and people in cities were more educated than people in...
Persistent link: https://www.econbiz.de/10012841412
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How Much Do Idiosyncratic Bank Shocks Affect Investment? Evidence from Matched Bank-Firm Loan Data
Amiti, Mary - 2013
separate firm-borrowing shocks from bank-supply shocks using a vast sample of matched bank-firm lending data. We decompose … aggregate loan movements in Japan for the period 1990 to 2010 into bank, firm, industry, and common shocks. The high degree of … role for granular shocks as in Gabaix (2011). We show that idiosyncratic granular bank-supply shocks explain 30-40 percent …
Persistent link: https://www.econbiz.de/10013085124
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Bank Heterogeneity and Financial Stability
Goldstein, Itay; Kopytov, Alexandr; Shen, Lin; Xiang, … - 2022
We study how heterogeneity in banks’ asset holdings affects fragility. In the model, banks face a risk of bank runs and … sell their assets at the same time. When banks are homogeneous, their selling behaviors are synchronized, and bank runs are …
Persistent link: https://www.econbiz.de/10013292145
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Does the Structure of Banking Markets Affect Economic Growth? Evidence from U.S. State Banking Markets
Mitchener, Kris James - 2010
degrees of dependence on external financing or access to capital. However, because regulations affecting bank entry varied … sector. Regulations on bank entry and other banking market characteristics thus appear to exert an independent influence on …
Persistent link: https://www.econbiz.de/10013148371
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Capital Requirements in a Quantitative Model of Banking Industry Dynamics
Corbae, Dean; D'Erasmo, Pablo - 2021
bank risk taking, commercial bank failure, interest rates on loans, and market structure. We propose a market structure … addition to aggregate shocks to the fraction of performing loans in their portfolio. A nontrivial bank size distribution arises … consistent with untargeted business cycle properties, the bank lending channel, and empirical studies of the role of …
Persistent link: https://www.econbiz.de/10013310583
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The Urban Mortality Transition in the United States, 1800-1940
Haines, Michael R. - 2011
In the United States in the 19th and early 20th centuries, there was a substantial mortality 'penalty' to living in urban places. This circumstance was shared with other nations. By around 1940, this penalty had been largely eliminated, and it was healthier, in many cases, to reside in the city...
Persistent link: https://www.econbiz.de/10013125132
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Measuring Economic Growth from Outer Space
Henderson, J. Vernon - 2010
GDP growth is often measured poorly for countries and rarely measured at all for cities or subnational regions. We propose a readily available proxy: satellite data on lights at night. We develop a statistical framework that uses lights growth to augment existing income growth measures, under...
Persistent link: https://www.econbiz.de/10013151806
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A Note on Long-Run Persistence of Public Health Outcomes in Pandemics
Lin, Zhixian - 2020
Covid-19 is the single largest threat to global public health since the Spanish Influenza pandemic of 1918-20. Was the world better prepared in 2020 than it was in 1918? After a century of public health and basic science research, pandemic response and mortality outcomes should be better than in...
Persistent link: https://www.econbiz.de/10012834466
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Consumer City
Glaeser, Edward L. - 2001
Urban economics has traditionally viewed cities as having advantages in production and disadvantages in consumption. We argue that the role of urban density in facilitating consumption is extremely important and understudied. As firms become more mobile, the success of cities hinges more and...
Persistent link: https://www.econbiz.de/10012788067
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Regional and Racial Inequality in Infectious Disease Mortality in U.S. Cities, 1900-1948
Feigenbaum, James - 2018
In the first half of the twentieth century, the rate of death from infectious disease in the United States fell precipitously. Although this decline is well-known and well-documented, there is surprisingly little evidence about whether it took place uniformly across the regions of the U.S. We...
Persistent link: https://www.econbiz.de/10012906773