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Banks in Space
Oberfield, Ezra; Rossi-Hansberg, Esteban; Trachter, Nicholas - National Bureau of Economic Research - 2024
We study the spatial expansion of banks in response to banking deregulation in the 1980s and 90s. During this period, large banks expanded rapidly, mostly by adding new branches in new locations, while many small banks exited. We document that large banks sorted into the densest markets, but...
Persistent link: https://www.econbiz.de/10014512110
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Market Size and Trade in Medical Services
Dingel, Jonathan I.; Gottlieb, Joshua D.; Lozinski, Maya; … - National Bureau of Economic Research - 2023
We measure the importance of increasing returns to scale and trade in medical services. Using Medicare claims data, we document that "imported" medical care -- services produced by a medical provider in a different region -- constitute about one-fifth of US healthcare consumption. Larger regions...
Persistent link: https://www.econbiz.de/10014247951
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Wealth and Property Taxation in the United States
Dray, Sacha; Landais, Camille; Stantcheva, Stefanie - National Bureau of Economic Research - 2023
We study the history and geography of wealth accumulation in the US, using newly collected historical property tax …
Persistent link: https://www.econbiz.de/10014247998
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The Geography of Job Tasks
Atalay, Enghin; Sotelo, Sebastian; Tannenbaum, Daniel - National Bureau of Economic Research - 2022
We introduce new measurement tools to understand the sources of earnings differences across space. Based on the natural language employers use in job vacancy text, we develop granular measures of job tasks and of worker specialization. We find that jobs in larger commuting zones involve greater...
Persistent link: https://www.econbiz.de/10013388776
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Artificial Intelligence and the Skill Premium
Bloom, David E.; Prettner, Klaus; Saadaoui, Jamel; … - National Bureau of Economic Research - 2024
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014544709
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Mechanics of Spatial Growth
Cai, Sheng; Caliendo, Lorenzo; Parro, Fernando; Xiang, Wei - National Bureau of Economic Research - 2022
development and aggregate growth. Growth is shaped by the best global and local ideas that contribute to the local stock of … migration on China's spatial development and aggregate growth during the 1990s and 2000s. We find that initial conditions across … space, idea diffusion, and capital accumulation play an important role in understanding the process of spatial development …
Persistent link: https://www.econbiz.de/10013435141
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The Topography of Nations
Allen, Treb - National Bureau of Economic Research - 2023
How does the interplay of geography and political-economic forces affect the shape of nations? This paper presents a … quantitative framework for characterizing the equilibrium evolution of national boundaries in a world with a rich geography. The … simple algorithm for its calculation. When combined with detailed spatial geography data from Europe, the equilibrium …
Persistent link: https://www.econbiz.de/10014421232
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Boundary Discontinuity Methods and Policy Spillovers
Jardim, Ekaterina S.; Long, Mark C.; Plotnick, Robert D.; … - National Bureau of Economic Research - 2022
The boundary discontinuity method of causal inference may yield misleading results if a policy's impacts do not stop at the border of the implementing jurisdiction. We use geographically precise longitudinal employment data documenting worker job-to-job mobility to study policy spillovers in the...
Persistent link: https://www.econbiz.de/10013210103
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New Area- and Population-based Geographic Crosswalks for U.S. Counties and Congressional Districts, 1790–2020
Ferrara, Andreas; Testa, Patrick A.; Zhou, Liyang - National Bureau of Economic Research - 2024
In applied historical research, geographic units often differ in level of aggregation across datasets. One solution is to use crosswalks that associate factors located within one geographic unit to another, based on their relative areas. We develop an alternative approach based on relative...
Persistent link: https://www.econbiz.de/10014512060
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The Effects of Short-Term Rental Regulation : Insights from Chicago
Jin, Ginger Zhe; Wagman, Liad; Zhong, Mengyi - National Bureau of Economic Research - 2024
We provide an in-depth study of short-term rental (STR) regulation in Chicago. While many municipalities choose between outright bans or laissez-faire strategies concerning STR activities, Chicago pioneered a middle-ground ordinance, enabling the market to exist with limitations and...
Persistent link: https://www.econbiz.de/10014576565