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The revealed residential choice of city versus suburbs within large metropolitan areas is examined with particular focus on families with children, especially those with college-educated parents. Probit and bivariate probit estimates are presented for 15 large metropolitan areas in the United...
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This study represents a first attempt to empirically analyze the role of firm heterogeneity in regional business cycle behaviour. Working with monthly Italy's firms data and estimating a random effects ordered probit model, we first document sizable asymmetries in Northern and Southern firms...
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