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spatial dimension of SpVAR models by capturing the overall cross-regional spillover dynamics over time through additional …
Persistent link: https://www.econbiz.de/10012437170
Persistent link: https://www.econbiz.de/10010486663
Many questions in urban and regional economics can be characterized as including both a spatial and a time dimension. However, often one of these dimensions is neglected in empirical work. This paper highlights the danger of methodological inertia, investigating the effect of neglecting the...
Persistent link: https://www.econbiz.de/10012491513
This paper develops a tractable dynamic microeconomic model of migration decisions that is aggregated to describe the behavior of interregional migration. Our structural approach allows us to deal with dynamic self-selection problems that arise from the endogeneity of location choice and the...
Persistent link: https://www.econbiz.de/10013325349
This paper develops a tractable dynamic microeconomic model of migration decisions that is aggregated to describe the behavior of interregional migration. Our structural approach allows us to deal with dynamic self-selection problems that arise from the endogeneity of location choice and the...
Persistent link: https://www.econbiz.de/10003892047
Epidemiological models assume gravity-like interactions of individuals across space without microfoundations. We combine a simple epidemiological frame-work with a dynamic model of individual location choice. The model predicts that flows of people across space obey a structural gravity...
Persistent link: https://www.econbiz.de/10012833717
We develop a dynamic urban model combining features of quantitative spatial and macro-housing models. It includes multiple locations, forward-looking households, commuting, costly migration, uninsurable income risk, housing tenure choice, and housing frictions. The model operates in continuous...
Persistent link: https://www.econbiz.de/10015326505
This paper intends to establish conceptual foundations of analyzing the economic dimensions of warfare. The Post-War Final Economic Damage Simulator (PFEDS) attempts to estimate the heterogeneous macroeconomic effects of a potential military conflict. The model suggests nine different...
Persistent link: https://www.econbiz.de/10012964105
This paper intends to establish conceptual foundations of analyzing the economic dimensions of warfare. The Post-War Final Economic Damage Simulator (PFEDS) attempts to estimate the heterogeneous macroeconomic effects of a potential military conflict. The model suggests nine different...
Persistent link: https://www.econbiz.de/10012930212
This study explores a new modelling approach to bridge the gap between the bilateral setting of one 'domestic' economy facing one 'foreign' entity in theory and multilateral country data in reality. Under the approach, purchasing power parity (PPP) is embedded in latent disequilibrium factors,...
Persistent link: https://www.econbiz.de/10013132428