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New Evidence on Teacher Labor Supply
Engel, Mimi - 2011
school in the expected direction. Interestingly, the geographic location of the school is an extremely strong predictor of …
Persistent link: https://www.econbiz.de/10013129221
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Site Selection Bias in Program Evaluation
Allcott, Hunt - 2013
"Site selection bias" can occur when the probability that a program is adopted or evaluated is correlated with its impacts. I test for site selection bias in the context of the Opower energy conservation programs, using 111 randomized control trials involving 8.6 million households across the...
Persistent link: https://www.econbiz.de/10013090187
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Institutions Rule : The Primacy of Institutions Over Geography and Integration in Economic Development
Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - 2021
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions trumps' everything else. Once institutions are...
Persistent link: https://www.econbiz.de/10013224849
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"Location, Location, Location!" the Market for Vacant Urban Land : New York 1835-1900
Atack, Jeremy; Margo, Robert A. - 2021
We present new archival evidence on the price of vacant land in New York City between 1835 and 1900. Before the Civil War, the price of land per square foot fell steeply with distance from New York's City Hall located in the central business district. After the Civil War, the distance gradient...
Persistent link: https://www.econbiz.de/10013235639
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Coal and the European Industrial Revolution
Fernihough, Alan - 2015
We examine the importance of geographical proximity to coal as a factor underpinning comparative European economic development during the Industrial Revolution. Our analysis exploits geographical variation in city and coalfield locations, alongside temporal variation in the availability of...
Persistent link: https://www.econbiz.de/10013034384
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Law, Endowment, and Finance
Beck, Thorsten; Demirgüç-Kunt, Asli; Levine, Ross - 2021
This paper assesses two theories regarding the historical determinants of international differences in financial development. The law and finance theory holds that legal traditions differ in terms of the priority they attach to protecting the rights of private investors vis-a-vis the State and...
Persistent link: https://www.econbiz.de/10013230172
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Understanding Booms and Busts in Housing Markets
Burnside, A. Craig - 2011
Some booms in housing prices are followed by busts. Others are not. It is generally difficult to find observable fundamentals that are useful for predicting whether a boom will turn into a bust or not. We develop a model consistent with these observations. Agents have heterogeneous expectations...
Persistent link: https://www.econbiz.de/10013130972
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Economics, History, and Causation
Morck, Randall - 2011
Economics and history both strive to understand causation: economics using instrumental variables econometrics and …
Persistent link: https://www.econbiz.de/10013131513
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Economics and Reality
Uhlig, Harald - 2010
economics and reality. More precisely, it asks how reality in the form empirical evidence does or does not influence economic … from general to specific. For the general perspective, I examine the following four points of view. First, economics is a … science. Second, economics is an art. Third, economics is a competition. Forth, economics politics. I then examine four …
Persistent link: https://www.econbiz.de/10013137582
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How Does the Market Use Citation Data? The Hirsch Index in Economics
Ellison, Glenn - 2010
A large literature following Hirsch (2005) has proposed citation-based indexes that could be used to rank academics. This paper examines how well several such indexes match labor market outcomes using data on the citation records of young tenured economists at 25 U.S. departments. Variants of...
Persistent link: https://www.econbiz.de/10013137591