A multi-region, dynamic stochastic general equilibrium (MRDSGE) model is built to show that differences in the price elasticity of housing supply can be related to stylized facts on regional differences in (1) house price level, (2) house price volatility, (3) monetary policy propagation...

This paper examines the spatial interaction of neighboring cities over their employment cycles. The cycles of neighboring cities tend to be more similar to one another than are those of non-neighboring cities, although this is due primarily to neighbors’ tendency to be in the same state. In...

This paper examines the spatial interaction of neighboring cities over their employment cycles. Neighboring cities, which are large and closely integrated cities within the same metro area, tend to have relatively similar employment cycles. However, this is largely because they tend to be in the...

In this study, we explore the relationship between town size and subjective well-being (SWB) in Latin America. We utilize data from the Latinobarómetro survey from 2005 to 2015, employing multilevel modeling to analyze individual responses to life satisfaction as an indicator of SWB. We refine...

In this study, we explore the relationship between town size and subjective well-being (SWB) in Latin America. We utilize data from the Latinobarómetro survey from 2005 to 2015, employing multilevel modeling to analyze individual responses to life satisfaction as an indicator of SWB. We refine...

The Black Sea region faces pressures on ecosystem services (ES) due to invasive species, waste, eutrophication, and biodiversity loss. We apply a stated preference technique, i.e. a choice experiment (CE), aiming to compare three hypothetical scenarios regarding the welfare impact of ES on...

This study has analyzed the overall and regional trends in Indian direct investment flows into developing region since 1960s and explored various development impacts they have on host developing countries. Evidence tends to indicate that developing region was the initial destination for Indian...

Five years ago the first theoretical works on industry clusters in regional development appeared in the Czech academic papers and conference proceedings. The research in this field, which was initiated at the Faculty of Economics at VSB-Technical University of Ostrava, was followed by other...

Which of Germanys regions is the most attractive? Where is it best to live and work - on objective grounds? These questions are summed up in the concept “quality of life”. This paper uses recent research projects that determine this parameter to examine the spatial distribution of quality of...