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This paper develops and estimates a model of college basketball teams' search for scoring opportunities, to provide a benchmark of the winning margin distributions that should arise if teams' only goal is to win. I estimate the model's structural parameters using first‐half play‐by‐play...
Persistent link: https://www.econbiz.de/10011994549
We study how households choose neighborhoods, how neighborhoods affect child ability, and how housing vouchers influence neighborhood choices and child outcomes. We use two new panel data sets with tract-level detail for Los Angeles county to estimate a dynamic model of optimal tract-level...
Persistent link: https://www.econbiz.de/10012854741
We study the planning problem of a standard location-choice model to discuss why a planner might optimally redistribute output across locations. In this model, ex-ante identical households value consumption and housing and choose a location in which to live, where locations vary in productivity,...
Persistent link: https://www.econbiz.de/10012829822
Currently available asymptotic results in the literature suggest that matching estimators have higher variance than reweighting estimators. The extant literature comparing the finite sample properties of matching to specific reweighting estimators, however, has concluded that reweighting...
Persistent link: https://www.econbiz.de/10010268994
Currently available asymptotic results in the literature suggest that matching estimators have higher variance than reweighting estimators. The extant literature comparing the finite sample properties of matching to specific reweighting estimators, however, has concluded that reweighting...
Persistent link: https://www.econbiz.de/10003809052
Persistent link: https://www.econbiz.de/10010470554
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of place based policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...
Persistent link: https://www.econbiz.de/10010329021
Persistent link: https://www.econbiz.de/10011380211
Persistent link: https://www.econbiz.de/10009767449
Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard spatial equilibrium models with perfectly competitive labor and land markets, local job creation efforts are distortionary. We develop a stylized model of frictional local labor...
Persistent link: https://www.econbiz.de/10009699316