Showing 1 - 10 of 573
A substantial number of studies have extended the work on universal properties in physical systems to complex networks in social, biological, and technological systems. In this paper, we present a complex networks perspective on interfirm organizational networks by mapping, analyzing and...
Persistent link: https://www.econbiz.de/10015227719
Policy-induced boom in non-bank funding enabled prosperity in the technology sector and large corporate issuers. At the same time, income growth remained stagnant in low-to-middle-skill jobs and peripheral areas amid persistent job polarization, and combination of asset price appreciation and...
Persistent link: https://www.econbiz.de/10015260415
Traditional cross-sectional estimates of hedonic price functions theoretically can recover marginal willingness to pay for characteristics, but face endogeneity problems when some characteristics are unobserved. To help overcome such problems, economists have introduced difference-in-differences...
Persistent link: https://www.econbiz.de/10015212524
This paper explores the importance of continuity assumptions in hedonic price functions. Using a set of actual housing data to mimic a realistic city, and using a set of known preference orderings, it simulates a housing market to recover equilibrium prices. It then estimates price regressions...
Persistent link: https://www.econbiz.de/10015212527
This study shows that the 2014 tax reform in Chile (Law No. 20.780) caused a significant increase in housing sales prices. We exploit the way tax regulation was applied in Chile to generate an analysis framework based on a natural experiment. By applying difference-in-difference estimation...
Persistent link: https://www.econbiz.de/10015213060
Previous research on migration has focused more on the effect of wage differences between the destination and the origin on migration and less on how non-pecuniary attachments workers have to their current location may affect their migration decisions. In this paper, we examine how the presence...
Persistent link: https://www.econbiz.de/10015220223
The diaspora has often been castigated for the real estate bubble as a greater part of their remittances is invested in property. We therefore want to identify the relationship between these remittances, real estate prices and the GDP and employ the ARDL model to try and investigate whether...
Persistent link: https://www.econbiz.de/10015260757
The following dissertation is a collection of four stand-alone research papers. The focus of my research is on the interplay of immigration, native human-capital investment and the resulting consequences for the labour market outcome of natives and necessary implications for the immigration...
Persistent link: https://www.econbiz.de/10009471669
Cities are shaped by the strength of agglomeration and dispersion forces. We show that the COVID-19 pandemic has re-introduced disease transmission as a dispersion force in modern cities. We use detailed housing data to study the impact of the COVID-19 pandemic on the location demand for...
Persistent link: https://www.econbiz.de/10015213972
We provide evidence that local preferences for neighborhood characteristics play an important role in shaping the political economy of residential land-use regulations and their distributional consequences. We leverage a land-use regulation reform in Houston, TX that reduced the minimum lot...
Persistent link: https://www.econbiz.de/10015214444