Showing 1 - 10 of 13
In recent years the land-rent gradient for the city of London has flattened by 17 percentage points. Further, teleworking has increased 24 percentage point for skilled workers, but much less for unskilled workers. To rationalize these stylized facts, we propose a model of the monocentric city...
Persistent link: https://www.econbiz.de/10013427738
We propose a general model of monopolistic competition, which encompasses existing models while being flexible enough to take into account new demand and competition features. Using the concept of Frechet differentiability, we determine a general demand system. The basic tool we use to study the...
Persistent link: https://www.econbiz.de/10011400169
We combine spatial and monopolistic competition to study market interactions between downtown retailers and an outlying shopping mall. Consumers shop at either marketplace or at both, and buy each variety in volume. The market solution stems from the interplay between the market expansion...
Persistent link: https://www.econbiz.de/10011400170
We consider an economic geography setting in which firms are free to choose one of the following organizational types: (i) integrated firms, which perform all their activities at the same location, (ii) horizontal firms, which operate several plants producing the same good at different...
Persistent link: https://www.econbiz.de/10012141089
Persistent link: https://www.econbiz.de/10012235541
Tech clusters play a growing role in knowledge-based economies by accommodating high-tech firms and providing an environment that fosters location-dependent knowledge spillovers and promote R&D investments by .rms. Yet, not much is known about the economic conditions under which such entities...
Persistent link: https://www.econbiz.de/10012314814
We develop a general equilibrium model with three primary production factors—land, skilled, and unskilled labor—and three sectors—construction, intermediate inputs, and final consump-tion—to study how different intensities of telecommuting affect the efficiency of firms that embrace home...
Persistent link: https://www.econbiz.de/10012492977
Even the most egalitarian education systems employ high-stakes tests to regulate the transition from universal secondary education to selective academic programs that open doors to skilled, well-paid professions. This gives parents a strong incentive to invest substantial resources in improving...
Persistent link: https://www.econbiz.de/10014463422
We construct a simple model of compulsory schooling in which legislation and compliance are endogenously determined by individuals disciplined by social norms, optimizing their voting decisions and the school attendance of their children. The model provides a formal framework for interpreting...
Persistent link: https://www.econbiz.de/10010271270
Arab society in Israel offers a counter-example, which calls into question the hypothesis that the male advantage in STEM decreases as gender equality in society increases. Analyzing administrative longitudinal data on students in Hebrew- and Arabic-language schools in Israel, all operating...
Persistent link: https://www.econbiz.de/10011960166