The Toronto Land Transfer Tax, implemented nearly a year ago, has had significant negative effects on the housing market, reducing sales and lowering average house prices.

Traditional development economics states that industrialization must be positively correlated with agricultural development as in the American and many European cases. However, some recent industrialization experiences suggests a negative link which can be supported by a simple Ricardian...

costs. In a model of industry location with endogenous transaction costs that seeks to replicate features from the machinery industry, we show how and under which conditions a decline in transport costs can lead to an increase in the total cost of trade. The subtle relationship between...

In this paper we apply earnings equations for U.K. regions over 1982-1997. We find evidence of rapid convergence across regions regarding the determinants of individual wages (i.e., regional fixed-effects, gender gaps, and returns to education and experience). In contrast, data on average...

We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...

Ce travail compare tout d'abord les distributions de salaires et de qualifications de l'Ile-deFrance et du reste du pays. Les salaires sont plus élevés en Ile-de-France de 24%. Ces différences relèvent pour le quart de qualifications plus élevées et pour le reste d'une plus grande...

We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...

This paper examines the association between one of the most basic institutional forms, the family, and a series of demographic, educational, social, and economic indicators across regions in Europe. Using Emmanuel Todd’s classification of medieval European family systems, we identify potential...

In this paper we apply earnings equations for UK regions over 1982-1997. We find strong evidence of rapid convergence across regions regarding the determinants of individual wages (ie regional fixed-effects, gender gaps and returns to education and experience). Data on average regional earnings,...