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How does intranational factor mobility shape the welfare effects of a trade shock? I provide evidence that during WWI, a demand shock emanated from belligerent countries and affected neutral Spain. Within Spain, labor predominantly reallocated locally, while the most affected provinces...
Persistent link: https://www.econbiz.de/10012544292
There is a general presumption that social preferences can be ignored if markets are competitive. Market experiments (Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if they were purely self-interested. We qualify this view....
Persistent link: https://www.econbiz.de/10003935667
There is a general presumption that social preferences can be ignored if markets are competitive. Market experiments (Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if they were purely self-interested. We qualify this view....
Persistent link: https://www.econbiz.de/10003951883
A flat tax rate on income has gained popularity in European countries. This paper assesses the attractiveness of such a flat tax in achieving redistributive objectives with the least cost to labour market performance. We do so by using a detailed applied general equilibrium model for the...
Persistent link: https://www.econbiz.de/10011372518
This paper examines the micro-foundations of occupational agglomeration in U.S. metropolitan areas, with an emphasis on … higher levels of geographic concentration than do occupations with generic knowledge requirements. Further, by analyzing co-agglomeration … evidence on the importance of labor market pooling as a determinant of occupational agglomeration. -- Agglomeration …
Persistent link: https://www.econbiz.de/10003947568
differences in qualification mismatch across areas. This provides evidence of the existence of agglomeration economies through …
Persistent link: https://www.econbiz.de/10011752572
dynamic agglomeration economies in general, and learning externalities in particular, play an important role in explaining …
Persistent link: https://www.econbiz.de/10011517714
Persistent link: https://www.econbiz.de/10002705921
This paper investigates whether labor mobility varies with the degree of agglomeration and, if so, how the differences … market, one of Marshall's famous three sources of agglomeration economies. Only a small number of studies have so far … to the still sparse literature on the effect of both urban and industrial agglomeration on labor market pooling. Taking …
Persistent link: https://www.econbiz.de/10011507831
The importance of entrepreneurship as a driving force in the economic development has been widely recognised. Respectively, a growing number of empirical studies have focused on explaining variation in entrepreneurial activity at various spatial levels with the majority of them taking either a...
Persistent link: https://www.econbiz.de/10011558914