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CentrePiece article
TV superstars: how a new technology disrupted the entertainment industry

The rollout of television to virtually every household in the United States in the mid-twentieth century created a potentially huge audience for people working in the entertainment industry. As Felix Koenig explains, thi...Read more...

Felix Koenig

2 March 2020

CEP discussion paper
Technical change and superstar effects: evidence from the roll-out of television

Technical change that improves economies of scale can generate fast income growth among top earners at the expense of everyone else. I test this classic “superstar model” in the labor market for entertainers where the hi...Read more...

Felix Koenig

15 November 2019

CEP discussion paper
When income effects are large: labor supply responses and the value of welfare transfers

I estimate the long-run income effect of welfare transfers on individual labor supply. Using Italian administrative data on the universe of survivor insurance recipients, I implement a regression discontinuity design aro...Read more...

Giulia Giupponi

1 October 2019

SERC/Urban and Spatial Programme Discussion Paper
The Stimulative Effect of an Unconditional Block Grant on the Decentralized Provision of Care

Understanding the impact of central government grants on decentralized health care provision is of crucial importance for the design of grant systems, yet empirical evidence on the prevalence of flypaper effects in this ...Read more...

Mark Kattenberg and Wouter Vermeulen

17 November 2016

CEP discussion paper
Evaluating a Decade of Mobile Termination Rate Regulation

We re-consider the impact that regulation of call termination on mobile phones has had on mobile customers’ bills. Using a large panel covering 27 countries, we find that the “waterbed” phenomenon, initially observed unt...Read more...

Christos Genakos and Tommaso Valletti

4 July 2014

SERC/Urban and Spatial Programme Discussion Paper
Urban Escalators and Inter-regional Elevators: The Difference that Location, Mobility and Sectoral Specialisation make to Occupational Progression

This paper uses evidence from the (British) Longitudinal Study to examine the influence on occupational advancement of the city-region of residence (an escalator effect) and of relocation between city-regions (an elevato...Read more...

Tony Champion, Mike Coombes and Ian Gordon

25 September 2013

CEP discussion paper
Risk and Evidence of Bias in Randomized Controlled Trials in Economics

The randomized controlled trial (RCT) has been a heavily utilized research tool in medicine for over 60 years. Since the early 2000’s, large-scale RCTs have been used in increasingly large numbers in the social sciences ...Read more...

Peter Boone, Alex Eble and Diana Elbourne

17 September 2013

CEP discussion paper
The Marginal Income Effect of Education on Happiness: Estimating the Direct and Indirect Effects of Compulsory Schooling on Well-Being in Australia

Many economists and educators favour public support for education on the premise that education improves the overall well-being of citizens. However, little is known about the causal pathways through which education shap...Read more...

Warn N. Lekfuangfu, Nattavudh Powdthavee and Mark Wooden

10 May 2013

CEP discussion paper
Measuring the (Income) Effect of Disability Insurance Generosity on Labour Market Participation

We analyze the employment effect of a law that provides for a 36 percent increase in the generosity of disability insurance (DI) for claimants who are, as a result of their lack of skills and of the labour market conditi...Read more...

Olivier Marie and Judit Vall Castello

15 November 2011

SERC/Urban and Spatial Programme Discussion Paper
Is the Sky the Limit? An Analysis of High-Rise Office Buildings

Modern central business districts are characterised by high-rise office buildings. Helsley and Strange (2008) argue that skyscrapers are caused by agglomeration economies and a prize for being the tallest, so a reputatio...Read more...

Hans R. A. Koster, Piet Rietveld and Jos N. van Ommerren

13 July 2011

CEP discussion paper
The Penn-Belassa-Samuelson Effect in Developing Countries: Price and Income Revisited

It is conventional wisdom that richer countries have a higher price level than poorer countries. This paper provides evidence that the price-income relationship is non-linear and that it turns negative, or at best flat, ...Read more...

Fadi Hassan

June 2011

CEP discussion paper
Economic Geography: A Review of the Theoretical and Empirical Literature

This paper reviews the new economic geography literature, which accounts for the uneven distribution of economic activity across space in terms of a combination of love of variety preferences, increasing returns to scale...Read more...

Stephen Redding

January 2009

CEP discussion paper
Testing the 'Waterbed' Effect in Mobile Telephony

This paper examines the impact of regulatory intervention to cut termination rates of calls from fixed lines to mobile phones. Under quite general conditions of competition, theory suggests that lower termination charges...Read more...

Christos Genakos and Tommaso Valletti

October 2007

CEP discussion paper
Productivity Growth and Employment: Theory and Panel Estimates

Theoretical predictions of the effect of TFP growth on employment are ambiguous, and depend on the extent to which new technology is embodied in new jobs. We estimate a model for employment, wages and investment with an ...Read more...

Christopher A. Pissarides and Giovanna Vallanti

December 2004

CEP discussion paper
The Union Membership Wage Premium: An Analysis Using Propensity Score Matching

This paper estimates the size of the union membership wage premium by comparing wage outcomes for unionised workers with 'matched' non-unionised workers. The method assumes selection on observables. For this identifyin...Read more...

Alex Bryson

May 2002