This paper examines the relationship between location, liquidity, and prices in housing markets. We construct spatial datasets for German and U.S. cities and show that liquidity and prices decline with distance to the city center. To rationalize these results, we build a structural model with...

We show that executives' early-life poverty experiences reduce both internal (executive-employee) and external (executive-peer) corporate pay disparities. Three mechanisms drive this effect: increased risk aversion in poverty-exposed executives, strategic avoidance of negative media coverage to...

As China advances toward its "Dual Carbon" goals, clarifying the role of the digital economy (DE) in reducing urban carbon emissions is of growing importance. This study uses panel data from 274 Chinese prefecture-level cities (2011-2022) and applies benchmark regression, the Spatial Durbin...

Concerns have been raised regarding the equity and efficiency of Chinese healthcare systems, where improved transportation is expected to be a significant factor. The positive externalities of transport have been confirmed in many domains, but there is a lack of evidence in the field of...

We investigate how strongly the local environment beyond the family can contribute to understanding the formation of children's economic preferences. Building on precise geolocation data for around 6000 children, we use fixed effects, spatial autoregressive models and Kriging to capture the...

Economic development under capitalism is uneven, both socially and spatially. The existing literature, both mainstream social sciences and Marxist political economy, generally separates social inequality (inequality among classes and class-fractions) from spatial inequality. It also pays...

In recent years information and communication technology (ICT) development and its relationship with carbon emissions has become a significant research focus. Using data from 30 Chinese provinces and cities covering 2010-2022, we conduct an empirical study on the impact mechanism of ICT on...