Showing 1 - 10 of 4,965
Persistent link: https://www.econbiz.de/10012860484
with the unemployment rate. It also predicts that the share of newly created jobs fulfilled by current inhabitants of a … city increases with the unemployment rate. I test this model with data from the United States census between 1980 and 2000 … city with 3.7% unemployment the average local employment multiplier is 0.91 for current inhabitants and 0.60 for migrants …
Persistent link: https://www.econbiz.de/10011484444
This paper explores the mean-reverting behavior of the unemployment rate using monthly geographically disaggregated … regimes at unknown points of time. We find that the Great Recession also altered the persistence of the unemployment rate …
Persistent link: https://www.econbiz.de/10012857002
A cross-sectional relationship between price dispersion among Russian regions and per capita income dispersion is used to measure the degree of integration between regional commodity markets. The sequence of cross-sectional estimations for each month of the period spanning 1992 through 2000...
Persistent link: https://www.econbiz.de/10009725491
For mass appraisal in real estate, the hedonic pricing method (HPM) tends to be most commonly used by academic researchers and the comparable sales approach (CSA) is mostly preferred by professionals. This paper shows how CSA is a constrained version of a spatial autoregressive (SAR) model,...
Persistent link: https://www.econbiz.de/10012829740
This paper obtains an evolving pattern of goods market integration in Russia, considering the period of economic upturn, since the second half of 2000 through the end of 2007. In an integrated market, the price of a tradable good at any location is determined by the national market, not local...
Persistent link: https://www.econbiz.de/10014217163
In this paper we determine the effect of transport cost on commuting flows, on the basis of an analysis of home-to-work journeys between municipalities in Denmark. Special attention is given to a proper estimation method and the form of the distance-decay function. It appears that neither an...
Persistent link: https://www.econbiz.de/10011255555
The paper suggests and studies count data models corresponding to previously studied spatial econometric models for continuous variables. A novel way of incorporating spatial weights is considered for both time and space dynamic models with or without simultaneity. The paper also contains a...
Persistent link: https://www.econbiz.de/10010764696
In this paper we determine the effect of transport cost on commuting flows, on the basis of an analysis of home-to-work journeys between municipalities in Denmark. Special attention is given to a proper estimation method and the form of the distance-decay function. It appears that neither an...
Persistent link: https://www.econbiz.de/10010325561
In this paper we determine the effect of transport cost on commuting flows, on the basis of an analysis of home-to-work journeys between municipalities in Denmark. Special attention is given to a proper estimation method and the form of the distance-decay function. It appears that neither an...
Persistent link: https://www.econbiz.de/10005137080