We analyse causality between real values of expenditure on Research and Development, RD, and Gross Domestic Product, Gdp, in 15 countries of European Union and the United States for 1993-2003, by means of Granger´s test and an interdependent dynamic model. The lower averages of RD expenditure...

This study investigates the impacts of the minimum wage on U.S. regional labor markets. Using ten years of county-level data, we examine the relationship between the minimum wage and several key components of the labor market. Following past research, the number of people in the labor force is...

The main aim of this article is to analyze the effects of industrial and trade policy of the European Union on economic development, with particular reference to the negative effects of excessive trade deficits and industrial decline in some EU countries in the period 2000-2010. We compare 5...

In case of a natural catastrophe there is an increased demand for skilled labor and materials which in turn leads to significant price increases that should be taken into account in the forecast of catastrophe losses. Such price effects are referred to as "Demand Surge" effects. The paper at...

This paper studies the determinants of poverty in the U.S. at the census tract level using a geographically consistent panel data set for 1970-2010. The results are framed within the debate about the optimal design of local development strategies. The main conclusion drawn from our empirical...

This article is devoted to an investigation of the forms of human capital that characterize cities at different levels of the US urban hierarchy. Basic data on human capital are drawn from the O*Net information system. A first analytical exercise shows that for the USA as a whole, occupations...

This paper studies the distributional effects of a major transport infrastructure project, the construction of the US Interstate Highway System. Using data from 1950 to 2000, it first provides reduced-form evidence of the impact of highways on the location choices of heterogeneous workers. In...

This paper describes the methodology of a longitudinal multi-generational study in the favelas (shantytowns) of Rio de Janeiro from 1968 to 2008. Major political transformations took place in Brazil during this interval: from dictatorship to 'opening' to democracy; major economic transformations...

This paper examines whether effects of labor demand shocks on housing prices vary across time and space. Using data on 321 US metropolitan statistical areas, we estimate the medium- and long-run effects of increases in metropolitan statistical area-level employment and total labor income on...

Neighbourhood socioeconomic change is a complex phenomenon which is driven by multiple macro- and micro-level processes. Most theoretical and empirical work has focused on the role of urban-level processes, such as filtering, life-cycle, and social dynamics. For individual neighbourhoods, these...