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...

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...

This paper examines the implications of heterogeneity in construction productivity on cross-country income disparity. Using a sample of 168 countries, we estimate the 10:1 spread in construction productivity as a factor of 49-fold in 2017. The construction productivity gap falls by 46 percent...

This paper examines the geography of intergenerational income mobility in South Africa across districts and metropolitan municipalities as well as historically disadvantaged former-homelands. South Africa's high inequality has a geographical dimension (spatial inequality), shaped by a long...

Foreign direct investment and the activities of multinational enterprises play an essential role in shaping employment outcomes, particularly in developing and emerging economies. With globalization and the expansion of global value chains, understanding how FDI influences labour markets has...

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...

Based on the network attention data of Douyin's fans, this article analyzes the spatial heterogeneity and driving factors of network attention to 5A-level tourist attractions in China using rank-size, kernel density, and nearest neighbor index. The results show that: (1) From the perspective of...

This paper examines the evolution and determinants of skill-specific internal mobility among Italian citizens by urban-rural origin. Using administrative data from the Registry of Transfer of Residence (ADELE), which records the universe of skill-specific bilateral moves across more than 700...

This paper brings new compelling regional-level evidence on the environmental degradation brought about by intra-European value chains. The paper postulates the presence of pollution havens derived as a consequence of the European production integration. We identify a neat elites-ghettos divide...

Income inequality is observed to have recently increased both at the country and regional level. Consequently, inequality, poverty and social stratification have become important issues of debate among economists, sociologists and social policy-makers. Thus, an in-depth statistical analysis of...

We study how inflation varies across regions with different income levels and the role of retailer market structure. Using NielsenIQ Retail Scanner and Business Dynamics Statistics data, we document new stylized facts of spatial heterogeneity in food inflation and retailer market structure. From...

Regional economic conditions affect livelihoods and the geography of political resentment. Yet, individuals do not equally partake in their region’s economic fortunes, and their perceptions of relative deprivation need not be the same. Grievances are likely to be shaped not only by income...