Using 4 years of data from 36 American cities and 6 high technology groupings we present thc first estimates of University R&D spillover effects on ctnployrnent at this level of disag-gregation, while controlling for wages, prior innovations, state fixed efrccts, and saniple selectivity hias. We...

The paper explores the importance of unanticipated house price shocksfor marital dissolution in the UK by using individual household datafrom the British Household Panel Survey and county level house pricedata from the Halifax house price index. Results suggest that positiveand negative house...

Standard theories of household decision making assume that family members have complete information about preferences and are able to reach efficient outcomes. However, partners in intimate relationships may often need to coordinate their choices in the face of incomplete information. To reduce...

A panel of passenger rail data from 14 countries over 24 years is used to estimate a rail demand function for the first time at this level of aggregation. The data set includes quality variables that proxy the generalised time costs found to be important in micro studies. Robust estimates of the...

This paper uses data from high technology industry clusters in U.S. cities to establish a strong positive relationship between city, industry (and university) R&D and subsequent employment in the same industry and city. Perhaps surprisingly, in view of recent results that heterogeneity favors...

This paper explores the importance of unanticipated house price shocks for marital dissolution in the UK using individual household data from the British Household Panel Survey (BHPS) and county-level house price data from the Halifax House Price Index (HHPI). Results suggest that positive and...

Anaesthetic drugs typically comprise approximately 5% or less of a hospital pharmacy budget, yet they are a common target for cost reduction measures. In particular, there is considerable pressure to use less costly products where alternatives exist and to limit the introduction of expensive new...

New data from fourteen European countries on passenger and freight rail transport reveal the significant role of fares, subsidies and, especially, quality variables in explaining the large variation in the demand for rail across Europe. High train frequencies in Switzerland and the Netherlands...