If the technological revolution which has taken place over the past decades has lowered information costs and if information costs increase in distance, distance should - ceteris paribus - become less important in determining international bank lending. We are using a dataset on assets and...

Using a natural experiment from Germany, we show that temporary place-based subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...

This book provides a comprehensive analysis of the role of gateway cities in contemporary circuits of global production. Apart from facilitating the interlinking of economic activities in the surrounding regions with the global economy, gateway cities have enormous implications for how certain...