According to the literature, historical episodes of local self-governing institutions can explain why differences in socio-economic performances among different territories can persist over centuries. Such assumption has been tested comparing free city-states (Communes) and feudal towns in...

The dominance of English common-law countries in prospects for financial development in the legal-origins debate has been debunked by recent findings. Using exchange rate regimes and economic/monetary integration oriented hypotheses, this paper proposes an "inflation uncertainty theory" in...

This paper analyzes an important shock to local labor demand in the financial services sector: firm relocation to Delaware following a Supreme Court ruling and state legislation in the 1908s. Using synthetic controls and bordering states, I find significant effects on employment growth, the...

This paper analyzes an important shock to local labor demand in the financial services sector: firm relocation to Delaware following a Supreme Court ruling and state legislation in the 1980s. Using synthetic controls and bordering states, I find significant effects on employment growth, the...

Due to the unbalanced and inadequate development of fintech among various provincial regions, this paper proposes a novel sparse quantile model to explore the heterogeneous impacts of fintech on green total factor productivity (GTFP) in the provinces of China based on the annual data from 2011...

Based on unique data covering individuals, firms, industries and regions for the 1999–2005 period, we contribute with new knowledge concerning the impact of regional variables on spin-offs. Implementing a large number of controls, as well as different estimation techniques and robustness...

This document contains the first two chapters from my dissertation, titled Three Essays on Consumption and Geography, which use data provided by the Kilts Center for Marketing Data Center. Together they highlight the importance of accounting for geographic differences in new product entry to...

This paper analyzes the role of regional demographic, socioeconomic and political factors on changes in mobility during the COVID-19 pandemic. It provides new empirical evidence for the regional differentiation of lockdown measures and indicates a possible reorganization of spatial economic and...

The inefficiency of health care provision presents a major health policy concern in Germany. In order to address the issue of efficiency comprehensively - i.e. at the level of the entire system of health care provision rather than individual service providers - empirical analyses are often based...

This paper examines the role of geography and culture in explaining bankruptcy. We adopt survival analyses to model the bankruptcy risk of a firm, allowing for time-varying covariates. Based on a large sample from all major sectors of the Swiss economy, we find the following results: (i) The...