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Mishkin, Frederic S. - 2000

This paper provides an asymmetric information analysis of the recent East Asian crisis. It then outlines several lessons from this crisis. First, there is a strong rationale for an international lender of last resort. Second, without appropriate conditionality for this lending, the moral hazard...

Persistent link: https://www.econbiz.de/10012470928

History and Urban Economics

Hanlon, W. Walker - 2020

This article reviews recent literature using insights from history to answer central questions in urban economics. This area of research has seen rapid growth in the past decade, thanks to new technologies that have made available increasingly rich data stretching far back in time. The focus is...

Persistent link: https://www.econbiz.de/10012481154

The Dynamics of City Formation

Henderson, J. Vernon - 2008

This paper examines city formation in a country whose urban population is growing steadily over time, with new cities required to accommodate this growth. In contrast to most of the literature there is immobility of housing and urban infrastructure, and investment in these assets is taken on the...

Persistent link: https://www.econbiz.de/10012464877

Urban Colossus : Why is New York America's Largest City?

Glaeser, Edward L. - 2005

is based almost entirely on finance and business services, which are also legacies of the port. In this period, New York …

Persistent link: https://www.econbiz.de/10012467283

Zoning and the Economic Geography of Cities

Shertzer, Allison - 2016

Comprehensive zoning is ubiquitous in U.S. cities, yet we know surprisingly little about its long-run impacts. We provide the first attempt to measure the causal effect of land use regulation over the long term, using as our setting Chicago's first (1923) comprehensive zoning ordinance. Our...

Persistent link: https://www.econbiz.de/10012456022

Racial Sorting and the Emergence of Segregation in American Cities

Shertzer, Allison - 2016

Residential segregation by race grew sharply during the early twentieth century as black migrants from the South arrived in northern cities. The existing literature emphasizes collective action by whites to restrict where blacks could live as the driving force behind this rapid rise in...

Persistent link: https://www.econbiz.de/10012456597

The Economics of Density : Evidence from the Berlin Wall

Ahlfeldt, Gabriel M. - 2014

This paper develops a quantitative model of internal city structure that features agglomeration and dispersion forces and an arbitrary number of heterogeneous city blocks. The model remains tractable and amenable to empirical analysis because of stochastic shocks to commuting decisions, which...

Persistent link: https://www.econbiz.de/10012458313

Port Efficiency, Maritime Transport Costs and Bilateral Trade

Clark, Ximena - 2004

determinant of shipping costs. Improving port efficiency from the 25th to the 75th percentile reduces shipping costs by 12 percent … explain variations in port efficiency and find that they are linked to excessive regulation, the prevalence of organized crime …

Persistent link: https://www.econbiz.de/10012468340

How to Auction an Essential Facility When Underhand Integration is Possible

Engel, Eduardo M.R.A. - 2001

There are many industries in which potentially competitive segments require services provided by natural monopoly bottlenecks (essential facilities). Since it is difficult to regulate these facilities, developing countries are using Demsetz auctions, where the facility is awarded to the firm...

Persistent link: https://www.econbiz.de/10012470580

Investment in Infrastructure and Trade : The Case of Ports

Brancaccio, Giulia; Kalouptsidi, Myrto; Papageorgiou, … - National Bureau of Economic Research - 2024

theory to capture port technology, with tools from demand estimation. We use our framework, together with a collection of … unveils three policy-relevant messages: (i) investing in port infrastructure can lead to substantial trade and welfare gains …) there are sizable spillovers across ports, as investing in one port can decongest a wider set of ports, suggesting that …

Persistent link: https://www.econbiz.de/10014544781

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