We show that investors acquire more public information about firms to which they are more socially proximate. On average, a standard deviation increase in the Social Connectedness Index (Bailey et al., 2018) between a firm's headquarter county and a searcher county is associated with 30% more...

We show that investors acquire more public information about firms to which they are more socially proximate. On average, a standard deviation increase in the Social Connectedness Index (Bailey et al., 2018) between a firm's headquarter county and a searcher county is associated with 30% more...

This paper examines the impact of breastfeeding practices on the large regional differences in infant mortality in Germany around 1910. Breastfeeding is strongly negatively associated with infant mortality and remains so after controlling for public health measures and for demographic, economic,...

This paper examines the impact of parental economic status and family size on the actual and expected fertility of adult children using longitudinal data from two generations of families participating in the Panel Study of Income Dynamics. There was a modest positive relationship between first...

This thesis develops an extended demographic model of the Chicago region which projects the educational attributes of the population. The region is further subdivided into two zones, city and suburb, and two racial/ethnic groups are identified and disaggregated according to gender. Central to...

A city like this – where stepping on the Széchenyi Chain Bridge one immediately arrives at the abutment leading to New York City of the Brooklyn Bridge, and what is more, in evening floodlight – obviously does not exist in reality. Yet the message of the advertisement is easy to understand....

In our days, the foremost scene of human life is the city. The history of the last two centuries is also the history of modern cities. At the age of Napoleon, 20% of the population lived in cities, today this ratio is above 50%. Every second human on Earth lives in a city. Possibly, the most...