Results

Journal article

Review of Economics and Statistics:

Managing export complexity: the role of service outsourcing

As manufacturing firms expand globally, business services such as advertising and legal support become essential for entering new markets. Exploiting exogenous demand shocks, we document that French manufacturers increas...Read more...

CEP discussion paper

What happens in Paris, does not stay in Paris: trade fairs and search and matching frictions

Search and matching frictions keep firms from forming international trade links. Trade fairs are a common, often subsidized remedy, yet causal evidence is scarce. We study Hungarian firms at the 1900 Paris World Exhibiti...Read more...

CEP discussion paper

Trade liberalization and third-market effects

We study how the end of the quota system for textiles and clothing products in the American and European markets on January 1, 2005, affected China?s exports to third countries, where policy was unchanged. Using a differ...Read more...

CEP discussion paper

Growth insured: export credit insurance and trade

We estimate the causal effect of short-term export credit insurance (ECI) on firm-level exports using administrative data from China?s export credit agency merged with customs and tax records. Exploiting quasi-random var...Read more...

Journal article

The Energy Journal:

Natural gas vehicles: consequences for fuel markets and the environment

Policies to adopt cleaner fuels have become increasingly important, but their impacts on incumbent fuel prices and resulting greenhouse gas emissions remain unclear. We use a panel dataset on weekly prices at the gas sta...Read more...

Journal article

Canadian Journal of Economics:

Evaluating the impact of export finance support on firm-level export performance: evidence from Pakistan

This paper evaluates the impact of two large export finance support schemes on firm-level export performance. The Export Finance Scheme (EFS) and the Long-Term Finance Facility for Plant & Machinery (LTFF) provide loans ...Read more...

Journal article

Journal of International Economics:

Tickets to the global market: first US patent award and Chinese firm exports

We investigate how international patent activity enables firms from emerging economies to thrive in the global marketplace. We match Chinese customs data to US patent records, and leverage the quasi-random assignment of ...Read more...

CEP discussion paper

Personnel is policy (implementation): bureaucrats and the Korean export miracle

How much does the effect of industrial policy depend on the capacity of the bureaucrats implementing it? We exploit the rotation schedule of managers of South Korea's export promotion offices in 87 countries between 1965...Read more...

CEP discussion paper

Immigration demand, supply and sectoral heterogeneity in the UK labour market

The empirical migration literature often identifies the labor market effects of immigration using exogenous variation of migration concentration across sectors or regions. However, this approach differences out macroecon...Read more...

Journal article

The Economic Journal:

Service offshoring and export experience

Service inputs significantly influence export costs and firm internationalisation. A new dataset on French firms? participation in global value chains reveals that experienced exporters are more likely to source services...Read more...

Journal article

The Economic Journal:

Judge dread: Court severity, repossession risk and demand in mortgage and housing markets

We study the impact of borrower protection on mortgage and housing demand using variation in the likelihood that houses are repossessed coming from heterogeneity in preferences of local judges. We develop a framework tha...Read more...

Journal article

International Journal of Microsimulation:

Social distress and (some) relief: estimating the impact of pandemic job loss on poverty in South Africa

Up-to-date, nationally representative household income/expenditure data are crucial for estimating poverty during the Covid-19 pandemic and to policy-making more broadly, but many developing countries lack such data. We ...Read more...

Journal article

Journal of Economic Geography:

On the productivity advantage of cities

Agglomeration externalities are the key factor explaining the existence of cities and their size. However, while the various micro foundations of agglomeration externalities stress the importance of total factor producti...Read more...

CEP discussion paper

Evaluating the impact of export finance support on firm-level export performance: evidence from Pakistan

This paper evaluates the impact of two large export finance support schemes on firm-level export performance. The Export Finance Scheme (EFS) and the Long-Term Finance Facility for Plant & Machinery (LTFF), provide loans...Read more...

CEP discussion paper

Housing-consumption channel of mortgage demand

We quantify the housing-consumption channel in mortgage demand according to which households borrow more following house-price increases since housing and non-housing consumption are imperfect substitutes. To identify th...Read more...

CEP discussion paper

When trade drives markup divergence: an application to auto markets

When firms sell in multiple markets, estimates of markups from the demand-side will generally diverge from estimates based on the supply-side (e.g. via production functions). The empirical examination of the importance o...Read more...

CEP discussion paper

Production function estimation using subjective expectations data

Standard proxy methods for estimating production functions in the Olley and Pakes (1996) tradition require assumptions on input choices. We introduce a new method that exploits (increasingly available) data on firms' exp...Read more...

Journal article

Town Planning Review:

Pushing water uphill: containment policies doomed to fail

London has had a green belt for seventy years making it the `canary in the coal mine? for `zero land take?. Because of strong demand for housing space, rising prosperity underlies rising urban land demand so rigid physic...Read more...

CEP discussion paper

Why delay? Understanding the construction lag, aka the build out rate

We explore the determinants of the speed of residential development after dwelling construction starts. Using a sample of over 140,000 residential developments in England from 1996 to 2015 and employing an instrumental v...Read more...

Journal article

American Economic Journal: Economic Policy :

Local retail prices, product variety, and neighborhood change

We study how local grocery markets within a city are affected by changes in housing markets. Our empirical strategy exploits a shift in the spatial distribution of construction activity induced by a large-scale, place-ba...Read more...

CEP discussion paper

Tickets to the global market: first US patent awards and Chinese firm exports

We investigate how international patent activity enables firms from emerging economies to thrive in the global marketplace. We match Chinese customs data to US patent records and leverage the quasi-random assignment of U...Read more...

Journal article

Oxford Economic Papers:

Trends in effort at work in the UK

This article links detailed 24-h diary surveys in the UK for the last four decades, to provide evidence of an increase in work effort in three specific dimensions: timing, nature, and composition. We rule out certain pro...Read more...

Blog

Vox EU:

Tracking the skills behind the AI boom: Evidence from 14 OECD countries

As artificial intelligence rapidly reshapes economies and societies, companies are seeking professionals with AI-related skills. This column uses data from online job postings to explore changes in the demand for these p...Read more...

Blog

What Works Centre for Local Economic Growth:

Understanding supply and demand

Helene Donnat explains what supply and demand is and why policymakers need to consider it to design effective policies....Read more...

Journal article

AEA Papers and Proceedings:

The local labor market effects of modern manufacturing capital: evidence from France

Using an event study methodology and comprehensive micro data from the French manufacturing sector, we analyze the local labor market effects of investments in modern manufacturing capital, including modern automation te...Read more...

Journal article

Journal of International Economics:

Sequentially exporting products across countries

Exploiting disaggregated data on French exporters, we show that firms expand their product scope and geographical presence sequentially. This process of internationalization is uneven over time, exhibiting more volatilit...Read more...

CEP discussion paper

Managerial input and firm performance. Evidence from a policy experiment

We study the effects of a subsidy program designed to boost small and medium enterprises' export capabilities through a Temporary Export Manager (TEM), hired for at least 6 months to provide consulting on how to reach fo...Read more...

Journal article

Economics Letters:

Firm-destination heterogeneity and the distribution of export intensity

We derive closed-form expressions for the distribution of export intensity when firm-destination-specific revenue shifters are distributed gamma, Frechet and Weibull in a two-country model of trade with isoelastic demand...Read more...

Journal article

Journal of the European Economic Association:

The twin peaks of the export intensity distribution

Received wisdom suggests that most exporters sell most of their output domestically. We show, however, that the distribution of export intensity varies substantially across countries and is often bimodal, displaying ?twi...Read more...

Blog

LSE Business Review:

Brexit: the major trade disruption came after the UK-EU agreement took effect in 2021

The impact of Brexit on UK trade is a highly contested topic. Rebecca Freeman, Kalina Manova, Thomas Prayer, and Thomas Sampson summarise the findings of new research on how Brexit has affected the UK's goods trade with ...Read more...

CEP discussion paper

Managing export complexity: The role of service outsourcing

As manufacturing firms expand globally, business services like advertising and legal support become essential for accessing new markets. This paper investigates how firms organize the provision of such market access serv...Read more...

CEP discussion paper

Firm export responses to tariff hikes

We study how firms react to unexpected increases in import tariffs. We identify our results from a sudden removal of American preferential tariffs applied on Argentine imports under the Generalized System of Preferences,...Read more...

CEP discussion paper

Service offshoring and export experience

Service inputs are a key component of the costs of exporting, and contribute to explain the process of internationalization of firms. A new dataset on the participation of French firms in global value chains reveals that...Read more...

CEP discussion paper

Sequential exporting across countries and products

How do exporters expand their product scope and geographical presence? We argue that new exporters are uncertain about their profitability in different countries and products, but learn it as they start to export. As a c...Read more...

CEP discussion paper

Judge dread: court severity, repossession risk and demand in mortgage and housing markets

We study the impact of borrower protection on mortgage and housing demand. We focus on variation in the likelihood that a house is repossessed - conditional on the mortgage being in arrears and taken to court - coming fr...Read more...

CEP discussion paper

Gravity with granularity

We evaluate the consequences of oligopolistic behavior for the estimation of gravity equations for trade flows. With oligopolistic competition, firm-level gravity equations based on a standard CES demand framework need t...Read more...

CEP discussion paper

The UK's great demand and supply recession

We revisit UK?s poor productivity performance since the Great Recession by means of both a suitable theoretical framework and firm-level prices and quantities data for detailed products allowing us to both measure demand...Read more...

CEP discussion paper

Pandemics, global supply chains and local labor demand: evidence from 100 million posted jobs in China

This paper studies how the COVID-19 pandemic has affected labor demand, using over 100 million posted jobs on one of the largest online platforms in China. Our data reveal that the number of newly posted jobs within the ...Read more...

Journal article

Journal of Economic Perspectives:

Solo self-employment and alternative work arrangements: a cross-country perspective on the changing composition of jobs

The nature of self-employment is changing in most OECD countries. Solo self-employment is increasing relative to self-employment with dependent employees, often being associated with the development of gig economy work a...Read more...

Journal article

European Economic Review:

All these worlds are yours, except India: the effectiveness of cash subsidies to export in Nepal

This paper studies the impact of a `textbook? ad-valorem export subsidy on firm-level export performance. The Cash Incentive Scheme for Exports (CISE) program offered by the government of Nepal offers a cash subsidy to f...Read more...

CEP discussion paper

All these worlds are yours, except India: the effectiveness of cash subsidies to export in Nepal

This paper studies the impact of a `textbook' ad-valorem export subsidy on firm-level export performance. The Cash Incentive Scheme for Exports (CISE) program offered by the government of Nepal offers a cash subsidy to f...Read more...

CEP discussion paper

On the productivity advantage of cities

Ever since Marshall (1890) agglomeration externalities have been viewed as the key factor explaining the existence of cities and their size. However, while the various micro foundations of agglomeration externalities str...Read more...

CEP discussion paper

Labor demand in the past, present and future

Since the beginning of the Industrial Revolution, technological change has led to the automation of existing tasks and the creation of new ones, as well as the reallocation of labor across occupations and industries. The...Read more...

CEP discussion paper

Trade, productivity and (mis)allocation

We examine the gains from globalization in the presence of firm heterogeneity and potential resource misallocation. We show theoretically that without distortions, bilateral and export liberalizations increase aggregate ...Read more...

CEP discussion paper

The heterogeneous impact of market size on innovation: evidence from French firm-level exports

We analyze how demand conditions faced by a firm impacts its innovation decisions. To disentangle the direction of causality between innovation and demand conditions, we construct a firm-level export demand shock which r...Read more...

CEP discussion paper

Does e-commerce reduce traffic congestion? Evidence from Alibaba Single Day shopping event

Traditional retail involves traffic both from warehouses to stores and from consumers to stores. E-commerce cuts intermediate traffic by delivering goods directly from the warehouses to the consumers. Although plenty of ...Read more...

Journal article

Economica:

Special economic zones and WTO compliance: evidence from the Dominican Republic

Special economic zones (SEZ), one of the most important instruments of industrial policy used in developing countries, often impose export share requirements (ESR). That is, firms located in SEZ are required to export mo...Read more...

Journal article

Review of Economic Studies:

Carry-along trade

Large multi-product firms dominate international trade flows. This paper documents new facts about multi-product manufacturing exporters that are not easily reconciled with existing multi-product models. Using novel link...Read more...

CEP discussion paper

Making smart meters smarter the smart way

We report first results from a large scale randomized control trial of different forms of energy consumption feedback facilitated by smart meters and smart phone feedback apps. Nearly 40,000 customers of a large energy r...Read more...

Journal article

Journal of Political Economy:

Monopolistic competition and optimum product diversity under firm heterogeneity

Empirical work has drawn attention to the high degree of productivity differences within industries and their role in resource allocation. This paper examines the allocational efficiency of such markets. Productivity dif...Read more...

Journal article

Journal of International Economics:

The buyer margins of firms? exports

We use detailed data on exporters from Costa Rica, Ecuador and Uruguay as well as on their buyers to show that: aggregate exports are disproportionally driven by few multi-buyers exporters; and each multi-buyer exporter'...Read more...

CEP discussion paper

Firm-to-firm connections in Colombian imports

The vast majority of world trade flows is between firms. Only recently has research in international trade started to emphasize the importance of the connections between exporters and importers both in aggregate trade fl...Read more...

CEP discussion paper

The effect of minimum wages on low-wage jobs: evidence from the United States using a bunching estimator

We propose a novel method that infers the employment effect of a minimum wage increase by comparing the number of excess jobs paying at or slightly above the new minimum wage to the missing jobs paying below it. Using st...Read more...

CEP discussion paper

Special economic zones and WTO compliance: evidence from the Dominican Republic

Special economic zones (SEZ), one of the most important instruments of industrial policy used in developing countries, often impose export share requirements (ESR). That is, firms located in SEZ are required to export mo...Read more...

CEP discussion paper

Twin peaks

Received wisdom suggests that most exporters sell the majority of their output domestically. In this paper, however, we show that the distribution of export intensity not only varies substantially across countries, but i...Read more...

Journal article

American Economic Review:

Exporter dynamics and partial-year effects

Two identical firms who start exporting in different months, one each in January and December, will report dramatically different exports for the first calendar year. This partial-year effect biases down firstyear export...Read more...

Journal article

The World Economy:

Service trade and occupational tasks: an empirical investigation

Using microdata for Belgium, we investigate the relationship between changes in the task content of production and the rise in the number of service exporters. We show that occupational tasks changes display an extremely...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Housing Allowance and Rents: Evidence from a Stepwise Subsidy Scheme

This paper studies the effect of housing demand subsidies on rents using discontinuities in the Finnish housing allowance system as a quasi-experimental setting. The stepwise dependence of housing allowance on the floor ...Read more...

CEP discussion paper

Specialization in bank lending: evidence from exporting firms

We develop an empirical approach for identifying specialization in bank lending using granular data on borrower activities. We illustrate the approach by characterizing bank specialization by export market, combining ban...Read more...

Journal article

Journal of Development Economics:

Subsidies with export share requirements in China

A subsidy is subject to an export share requirement (ESR) when firms must export more than a certain share of their output to receive it. Such incentives are frequently found in free trade zones, export processing regime...Read more...

Journal article

American Economic Review:

Balanced growth despite uzawa

The evidence for the United States points to balanced growth despite falling investment-good prices and a less-than-unitary elasticity of substitution between capital and labor. This is inconsistent with the Uzawa Growth...Read more...

CEP discussion paper

Multi-product firms and product quality

We examine the global operations of multi-product firms. We present a flexible heterogeneous-firm trade model with either limited or strong scope for quality differentiation. Using customs data for China during 2002-2006...Read more...

CEP discussion paper

The diffusion of knowledge via managers' mobility

Better managers and managerial practices lead to better firm performance. Yet, little is known about what happens when managers move across firms. Does a firm hiring a good manager improve its performance? If yes is ther...Read more...

Journal article

Journal of International Economics:

Multi-product firms and product quality

We examine the global operations of multi-product firms. We present a flexible heterogeneous-firm trade model with either limited or strong scope for quality differentiation. Using customs data for China during 2002?2006...Read more...

CEP discussion paper

The loss of production work: evidence from quasi-experimental identification of labour demand functions

This paper examines changes in the structure of labour demand in plant-level panel data. I exploit variation in wages across local labour markets induced by the collapse of Finland?s Soviet-dependent industry in the earl...Read more...

Journal article

Energy Policy:

Competition and norms: a self-defeating combination?

This paper investigates the effects of information feedback mechanisms on electricity and heating usage at a student hall of residence in London. In a randomised control trial, we formulate different treatments such as f...Read more...

CEP discussion paper

Protectionism through exporting: subsidies with export share requirements in China

We study the effect of subsidies subject to export share requirements (ESR) - that is, conditioned on a firm exporting at least a given fraction of its output - on exports, the intensity of competition and welfare, throu...Read more...

CEP discussion paper

Exporter dynamics and partial-year effects

Two identical firms that start exporting in different months, one each in January and December, will report dramatically different exports for the first calendar year. This partial-year effect biases down first year expo...Read more...

CEP discussion paper

Special and differential treatment for developing countries

Special and Differential Treatment for Developing Countries (SDT) constitutes a central feature of the GATT/WTO system. Its formal goal is to foster export-led growth in developing countries. Its theoretical foundations ...Read more...

CEP discussion paper

Balanced growth despite Uzawa

Evidence for the United States suggests balanced growth despite falling investment-good prices and less than unitary elasticity of substitution between capital and labor. This is inconsistent with the Uzawa Growth Theore...Read more...

CEP discussion paper

Unraveling firms: demand, productivity and markups heterogeneity

We develop a novel framework that simultaneously allows recovering heterogeneity in demand, quantity TFP and markups across firms while leaving the correlation between the three dimensions unrestricted. We accomplish thi...Read more...

Journal article

Journal of International Economics:

Institutions and export dynamics

We study how contract enforcement and export experience shape firm export dynamics in an environment with incomplete information. We show that exporters start with higher volumes and sell for longer periods in countries ...Read more...

Journal article

The Review of Economics and Statistics:

Intermediaries in international trade: products and destinations

This paper examines the factors that give rise to intermediaries in exporting and explores the implications for trade volumes. Export intermediaries such as wholesalers serve different markets and export different produc...Read more...

Journal article

The World Bank Economic Review:

The political economy of trade policy: gone for good? Subsidies with export share requirements in China: 2002-13

This paper presents a simple model of subsidies with export share requirements (ESR) in a heterogeneous firm environment. A two-country general equilibrium version of the model with a single 100% ESR is calibrated using ...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

Gone for good? Subsidies with export share requirements in China: 2002-2013

This paper presents a simple model of subsidies with export share requirements (ESR) in a heterogeneous firm environment. A two-country general equilibrium version of the model with a single 100% ESR is calibrated using ...Read more...

CentrePiece article

Victorian internet: the trade impact of the transatlantic telegraph

The telegraph was the Victorian equivalent of today?s `big data?, helping firms to forecast future demand. Analysing such unique historical `experiments? helps understand how firms and markets respond when new technology...Read more...

Journal article

Review of Economics and Statistics:

Has ICT polarized skill demand? Evidence from eleven countries over twenty-five years

We test the hypothesis that information and communication technologies (ICT) polarize labor markets by increasing demand for the highly educated at the expense of the middle educated, with little effect on low-educated w...Read more...

CentrePiece article

Lovely and lousy jobs

The phenomenon of `job polarisation? is increasing inequality as the labour market splits into high- and low-wage work. According to Alan Manning, who coined the term a decade ago, we cannot ignore job polarisation ? but...Read more...

CEP discussion paper

The objective benefits of subjective well-being

The aim of this paper is to survey the 'hard' evidence on the effects of subjective well-being. In doing so, we complement the evidence on the determinants of well-being by showing that human well-being also affects outc...Read more...

CEP discussion paper

A model of aggregate demand and unemployment

We present a static model of aggregate demand and unemployment. The economy has a nonproduced good, a produced good, and labor. Product and labor markets have matching frictions. A general equilibrium is a set of prices,...Read more...

CEP discussion paper

The buyer margins of firms' exports

We use detailed data on exporters from Costa Rica, Ecuador and Uruguay as well as on their buyers to show that aggregate exports are disproportionally driven by few multi-buyers exporters whose foreign sales of any produ...Read more...

CentrePiece article

Free to choose? The impact of healthcare reform

Has the introduction of greater choice and competition in healthcare in England led to improved outcomes for patients? The authors assess changes in the quality of care that hospitals provided for cardiac surgery patient...Read more...

CentrePiece article

In brief... China's trading success: the role of pure exporter subsidies

China's government provides a wide range of incentives to encourage firms to produce almost exclusively for the foreign market. The authors analyse the impact of these 'pure exporter subsidies' on both the Chinese econom...Read more...

CEP discussion paper

China's Pure Exporter Subsidies

One third of Chinese exporters sell more than ninety percent of their production abroad. We argue that this distinctive pattern is attributable to a wide range of subsidies that provide incentives to these ?pure exporter...Read more...

CEP discussion paper

Free to Choose? Reform and Demand Response in the English National Health Service

The impacts of choice in public services are controversial. We exploit a reform in the English National Health Service to assess the impact of relaxing constraints on patient choice. We estimate a demand model to evaluat...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Accounting for Big City Growth in Low Paid Occupations: Immigration and/or Service Class Consumption

Growth of 'global cities' in the 1980s was supposed to have involved an occupational polarisation, including growth of low paid service jobs. Though held to be untrue for European cities, at the time, some such growth di...Read more...

CEP discussion paper

Intermediaries in International Trade: Direct Versus Indirect Modes of Export

This paper examines the factors that give rise to intermediaries in exporting and explores the implications for trade volumes. Export intermediaries such as wholesalers serve different markets and export different produc...Read more...

CEP discussion paper

The Impact of Integration on Productivity and Welfare Distortions Under Monopolistic Competition

A fundamental question in monopolistic competition theory is whether the market allocates resources efficiently. This paper generalizes the Spence-Dixit-Stiglitz framework to heterogeneous firms, addressing when the mark...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

Gender Gaps Across Countries and Skills: Supply, Demand and the Industry Structure

The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a positive cross-country correlation between the unskilled- to-skilled gender wage gap and the correspo...Read more...

CEP discussion paper

Leveraging Monopoly Power by Degrading Interoperability: Theory and Evidence from Computer Markets

When will a monopolist have incentives to leverage his market power in a primary market to foreclose competition in a complementary market by degrading compatibility/interoperability of his products with those of her riv...Read more...

CEP discussion paper

Success and Failure of African Exporters

Using a novel dataset with transactions level exports data from four African countries (Malawi, Mali, Senegal and Tanzania), this paper uncovers evidence of a high degree of experimentation at the extensive margin associ...Read more...

CEP discussion paper

Managers' Mobility, Trade Status and Wages

This paper investigates whether the arrival of managers with export experience, i.e. experience acquired through participation in the export activity of previous employers, is related to firms' international trade status...Read more...

CEP discussion paper

Communal Responsibility and the Coexistence of Money and Credit Under Anonymous Matching

Communal responsibility, a medieval institution studied by Greif (2006), supported the use of credit among European merchants in the absence of modern enforcement technologies. This paper shows how this mechanism helps t...Read more...

CEP discussion paper

Explaining Job Polarization in Europe: The Roles of Technology, Globalization and Institutions

This paper shows the employment structure of 16 European countries has been polarizing in recent years with the employment shares of managers, professionals and low-paid personal services workers increasing at the expens...Read more...

CEP discussion paper

Has ICT Polarized Skill Demand? Evidence from Eleven Countries over 25 Years

OECD labor markets have become more ?polarized? with employment in the middle of the skill distribution falling relative to the top and (in recent years) also the bottom of the skill distribution. We test the hypothesis ...Read more...

CEP discussion paper

The Determinants of Vertical Integration in Export Processing: Theory and Evidence from China

Using detailed product-level export data for China and a variant of the Antras and Helpman (2004) model that includes investments in component search, we examine the sectoral determinants of foreign direct investment (FD...Read more...

CEP discussion paper

Sequential Exporting

Firms need to incur substantial sunk costs to break in foreign markets, yet many give up exporting shortly after their first experience, which typically involves very small sales. Conversely, other new exporters shoot up...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Local Human Capital and Its Impact on Local Employment Chances in Britain

This paper examines how high human capital in a locality is associated with the employment outcomes of individuals. A probit model is used to examine how the employment probability of otherwise similar working age males ...Read more...