This paper offers a comparative analysis of regions in the United States (US) and European Union (EU) countries before and during the aftermath of the global financial crisis. By using a regional taxonomy approaching a functional definition, we can compare in a more meaningful way the regions in...

Urban development projects have many effects on society, such as improving mobility, health, education, and sustainability. For policy-relevant measures, it is important that policymakers are able to foresee how quality improvements influence the price of land. Therefore, our objective is to...

This study's purpose is to prove the existence of regional disparities in terms of the relationship between audit fees and their major determinants in the Swiss audit market, which is ideal for identifying regional disparities. First, we show that audit firms compete in two regional markets...

A growing literature employs distance-based measures of localization to assess the spatial distribution of firms with a focus on manufacturing across a country. We analyse the spatial concentration of a variety of consumer services firms in the Phoenix, AZ area using geo-referenced Yelp data...

This research project ranks German regions with help of interregional migration data instead of gross domestic product, household incomes, unemployment or quality of life estimates. Therefore we estimate regional utility differentials for German states and planning regions following the approach...

Using the Colombian Annual Manufacturing Survey (EAM) between 2000 and 2013, this paper investigates the existence of heterogeneity in the labor demand within the industrial sector. Long run own-price, output and TFP elasticities vary across a variety of dimensions such as regions, sectors and...

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the endogenous emergence of industry clusters. Spatial...

Government intervention in the housing market was partially driven by research showing that foreclosures lower neighboring housing values and thus increase neighbors' risk of foreclosure. While prior research has consistently identified a negative spillover effect of foreclosures on nearby...

Given the importance of housing as a component of a household's worth and of aggregate national wealth, we ask: What variables determine housing value in the Rio de Janeiro Metropolitan Region? What is Rio's aggregate residential wealth (i.e., the sum of the values of all housing units) and its...

We estimate the long-run relationship between real housing prices of new dwellings and their fundamentals in a panel of the 50 Spanish provinces between 1985 and 2018. We find a cointegrating relationship between real house prices and per capita real income, unemployment rate and demographic...