In this paper we describe the main features of the French social housing system as viewed from abroad, and place it within the context of systems in other major developed countries, particularly in Europe. At 17% of the total stock the social sector in France is of similar scale to many other...

Housing plays a key role in the economy, because of its weight in household expenditures and assets, its importance for social well-being, and its impact on educational outcomes and employment as well as on the business cycle. Over the past half century, the bulk of the population has benefited...

Standard tax competition models predict a ‘race-to-the-bottom’ of corporate tax rates when firms are mobile. Recent theoretical literature has qualified this view by offering a theoretical explanation why this extreme prediction need not occur: central regions with large clusters of economic...

Este artículo es un acercamiento teórico a la metodología Leader, de la Unión Europea, y presenta el resultado de un estudio de evaluación y selección de territorios en el Valle del Cauca con base en los parámetros establecidos por esta metodología. Para lograr el objetivo se considera...

El artículo es una síntesis histórica y bibliográfica de la conformación de los centros urbanos y de mercado en Colombia, en un intento por obtener explicaciones teóricas de estos hechos relacionados. Sin embargo, no es fácil encontrar ese soporte desde la perspectiva de los modelos de...

We combine firm-level innovation data with area-level Census data to examine the relationship between local workforce characteristics, especially the presence of immigrants and local skills, and the likelihood of innovation by firms. We examine a range of innovation outcomes, and test the...

The concept of industrial cluster has become one of the most prominent ones both in theoretical discussions, policy making and actual business. It is generally believed that under certain conditions, efficiently performing cluster through positive externalities can become an engine of regional...

We embed a North-South trade model into an incomplete contracts setting where the production of heterogeneous firms can be geographically separated. When a Northern headquarter contracts with a Southern supplier instead of a Northern supplier, the presence of international incomplete contracts...

In thinly traded markets for heterogenous, durable goods, such as housing, intermediaries may play especially important roles. Using a unique micro-level dataset of housing transactions in Los Angeles from 1988-2008 and a novel research design, we identify and measure the importance of two very...

This study of the co-movements of the transaction prices and trading volumes reveal that the mean correlation of prices, and trading volumes alike, among different housing sub-markets increases during the market boom. After a financial crisis, the correlations drop dramatically and stay low. The...