We study how an aggregate bank flow shock impacts German cities' GDP growth depending on the state of their local real estate markets. Identification exploits a policy framework assigning refugees to cities on a quasi-random basis and variation in non-developable area for the construction of a...

This paper shows that the products and prices offered in markets are correlated with local income-specific tastes. To quantify the welfare impact of this variation, I calculate local price indexes micro-founded by a model of non-homothetic demand over thousands of grocery products. These indexes...

1. Introduction -- 2. Gateway of Gothenburg -- 3. Bordeaux from Its Vineyards to Its Hinterland: A Regional Capital in the Late Middle Ages -- 4. Urban Networks on the Move: The Austrian Netherlands’ Transit Policy and the Development of the Belgian Urban Networks in the 18th Century...

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...

For a variety of reasons described in the paper, improving the performance of urban school districts is more difficult today than it was several decades ago. Yet economic and social changes make performance improvement especially important today. Two quite different bodies of research provide...

Will improvements in information technology eliminate face-to- face interactions and make cities obsolete? In this paper, we present a model where individuals make contacts and choose whether to use electronic or face-to-face meetings in their interactions. Cities are modeled as a means of...

Recent research has shown that industries that locate together in space also move together over the business cycle, and that this correspondence between spatial and temporal comovement is important to aggregate volatility. This paper asks whether this correspondence is due to local common shocks...

Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...

Introduction -- A Market Approach -- Global Development and Climate Change: A Game Theory Approach -- On the Edge of Climate Change: In a Search of an Adequate Agent-Based Methodology to Model Environmental Dynamics -- Greenhouse Gas, Carbon Dioxide Emissions and Economic Growth: Empirical...

1. ‘Where the Sandalwood Is Born’: East Timor until the Mid-Eighteenth Century -- 2. The Two Last Centuries of Portuguese Domination -- 3. The Indonesian Occupation -- 4. The Economy under Occupation -- 5. Launching a New State -- 6. Conclusions