Results

Journal article

International Economics:

Reassessing EU comparative advantage: the role of technology

Based on a sufficient statistics approach, we show how the state of technology of European industries relative to the rest of the world can be empirically assessed in a way that is simple in terms of computation, parsimo...Read more...

Journal article

AEA Papers and Proceedings :

Negative weights are no concern in design-based specifications

Recent work shows that popular partially linear regression specifications can put negative weights on some treatment effects, potentially producing incorrectly signed estimands. We show that this is not an issue in desig...Read more...

Journal article

The Review of Economic Studies:

A theory of falling growth and rising rents

Growth has fallen in the U.S. amid a rise in firm concentration. Market share has shifted to low labour share firms, while within-firm labour shares have actually risen. We propose a theory linking these trends in which ...Read more...

Journal article

The Lancet Public Health :

Policy stringency and mental health during the Covid-19 pandemic: a longitudinal analysis of data from 15 countries

To date, public health policies implemented during the COVID-19 pandemic have been evaluated on the basis of their ability to reduce transmission and minimise economic harm. We aimed to assess the association between COV...Read more...

Journal article

Regional Studies:

Creative differences? Measuring creative economy employment in the United States and the UK

This paper compares the creative economies of the US and the UK regions and nations using high-quality administrative microdata spanning the period 2011?13. The creative industries are highly urbanized in both countries....Read more...

CEP discussion paper

Measuring and explaining management in schools: new approaches using public data

Why do some students learn more in some schools than others? One consideration receiving growing attention is school management. To study this, researchers need to be able to measure school management accurately and chea...Read more...

Journal article

Scientific Reports:

In search of features that constitute an "enriched environment" in humans: associations between geographical properties and brain structure

Enriched environments elicit brain plasticity in animals. In humans it is unclear which environment is enriching. Living in a city has been associated with increased amygdala activity in a stress paradigm, and being brou...Read more...

Journal article

Journal of International Economics:

Spatial exporters

In this paper, we provide causal evidence that firms serve new markets which are geographically close to their prior export destinations with a higher probability than standard gravity models predict. We quantify the imp...Read more...

CEP discussion paper

Spatial Exporters

In this paper, we provide causal evidence that firms serve new markets which are geographically close to their prior export destinations with a higher probability than standard gravity models predict. We quantify the imp...Read more...

CEP discussion paper

Worktime Regulations and Spousal Labor Supply

We investigate cross-hour effects in spousal labor supply exploiting independent variation in hours worked generated by the introduction of the short workweek in France in the late 1990s. We find that female and male emp...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Common and Spatial Drivers in Regional Business Cycles

We examine real business cycle convergence for 41 euro area regions and 48 US states. Results obtained by a panel model with spatial correlation indicate that the relevance of common business cycle factors is rather stab...Read more...

CEP discussion paper

The Effect of Information and Communication Technologies on Urban Structure

The geographic concentration of economic activity occurs because transport costs for goods, people and ideas give individuals and organisations incentives to locate close to each other. Historically, all of these costs h...Read more...

CEP discussion paper

Intergenerational Mobility and the Informative Content of Surnames

We propose an alternative method for measuring intergenerational mobility. Traditional methods based on panel data provide measurements that are scarce, difficult to compare across countries and almost impossible to get ...Read more...

CEP discussion paper

Minimum Wages and Employment

This paper investigates the effect of minimum wages on employment using a panel of US state-based data. We estimate a minimalist dynamic version of the specification implied by neo-classical theory. We find statistically...Read more...

CEP discussion paper

Fixed-Term Contracts and the Duration Distribution of Unemployment

In the mid-1980s, many European countries introduced fixed-term contracts. Since then their labor markets have become more dynamic. This paper studies the implications of such reforms for the duration distribution of une...Read more...

CEP discussion paper

Cross Sectional Evolution of the US City Size Distribution

We report nonparametrically estimated stochastic transition kernels for the evolution of the distribution of US metropolitan area populations, for the period 1900 to 1990. These suggest a fair amount of uniformity in the...Read more...

CEP discussion paper

Factor Residuals in SUR Regressions: Estimating Panels Allowing for Cross Sectional Correlation

This paper describes a method for estimating panels by imposing a factor structure on the residuals. The method allows SUR estimation of panel models by providing a full-rank estimator of the system covariance matrix whe...Read more...

CEP discussion paper

Financial Integration and Asset Returns

The paper investigates the impact of financial integration on asset return, risk diversification and breadth of financial markets. We analyse a three-country macroeconomic model in which (i) the number of financial asset...Read more...

CEP discussion paper

The Determinants Of Cross-Border Equity Flows

We apply a new approach to a new panel data set on bilateral gross cross-border equity flows between 14 countries, 1989-96. The remarkably good results have strong implications for theories of asset trade. We find that t...Read more...

CEP discussion paper

Cross Country Growth Comparison: Theory to Empirics

This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has guided that empirical analysis. The paper argues that recent studies of economic growth u both empiric...Read more...