Showing 1 - 10 of 63
We analyze and assess new evidence on employment dynamics from a new data source – the National Establishment Time Series (NETS). The NETS offers advantages over existing data sources for studying employment dynamics, including tracking business establishment relocations that can contribute to...
Persistent link: https://www.econbiz.de/10005001147
We use a large database of venture-backed companies and their founders to examine whether serial entrepreneurs raise more venture capital than novice entrepreneurs. Compared to novice entrepreneurs, serial entrepreneurs who received venture capital for their previous firms tend to raise more...
Persistent link: https://www.econbiz.de/10005059390
It is widely believed that unaffordable housing could drive businesses away and thus impede job growth. However, there is little evidence to support this view. This paper presents a simple model to clarify how housing affordability is linked to employment growth and why unaffordable housing...
Persistent link: https://www.econbiz.de/10010884184
For thousands of years, the Chinese and many other nations around the workd built defensive walls around their cities. This phenomenon is not well understood from an economic perspective. To rationalize the existence of city walls, we propose a simple model that relates the deimesions of city...
Persistent link: https://www.econbiz.de/10010932980
We analyze and assess new evidence on employment dynamics from a new data source %uF818 the National Establishment Time Series (NETS). The NETS offers advantages over existing data sources for studying employment dynamics, including tracking business establishment relocations that can contribute...
Persistent link: https://www.econbiz.de/10005014908
This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of the time. A concept of tipping is rigorously defined,...
Persistent link: https://www.econbiz.de/10005015476
Persistent link: https://www.econbiz.de/10009210297
A long-standing hypothesis states that racial housing segregation in the U.S. results from the income inequalities between blacks and whites. This paper reexamines this hypothesis with a new methodology. We present a Monte Carlo study to show that segregation by income explains only a small...
Persistent link: https://www.econbiz.de/10010837255
Rural-urban migrants in China appear to prefer nearby destination cities. To gain a better understanding of this phenomenon, we build a simple model in which migrants from rural areas choose among potential destination cities to maximize utility. The distance between a migrant's home village and...
Persistent link: https://www.econbiz.de/10010607496
It is difficult to determine whether ghettos are good or bad, partly because racial segregation may have some effects that are unobservable. To overcome this challenge, we present a migration choice model that allows for estimating the overall effects of racial segregation. The key idea...
Persistent link: https://www.econbiz.de/10010757774