Results

CEP discussion paper

What is the "right" geographic market definition?

This paper examines the "right" geographic definition of relevant markets by analyzing how excise tax pass-through varies with local competition in the retail gasoline market of a large metropolitan city. Using a natural...Read more...

Journal article

International Journal of Industrial Organization:

What is the "right" geographic market definition?

This paper examines the "right" geographic definition of relevant markets by analyzing how excise tax pass-through varies with local competition in the retail gasoline market of a large metropolitan city. Using a natural...Read more...

CEP discussion paper

Police effectiveness, geographic specialization, police organization

This paper provides causal evidence that geographic specialization can significantly enhance police effectiveness. Using rich administrative and survey data from Chile, we examine a major reform that subdivided police op...Read more...

Journal article

The Economic Journal:

Monopsony and the wage effects of migration

If labour markets are competitive, migration can only affect native wages via marginal products. But under imperfect competition, migration may also increase wage mark-downs ? if firms have greater monopsony power over m...Read more...

Journal article

Canadian Journal of Economics:

Regional specialization: from the geography of industries to the geography of jobs

Our analysis begins with an empirical investigation of how employment concentration in industries and occupations across United States regions has changed over time, and how regional specialization has changed. Results ...Read more...

Journal article

Oxford Review of Economic Policy:

Ethnic minority and migrant pay gaps over the life-cycle

It is well-known that ethnic minority and migrant workers have lower average pay than the White UK-born workforce. However, we know much less about how these gaps vary over the life-cycle because of data limitations. We ...Read more...

CEP occasional paper

Has work from home shifted the US electoral map?

Since 2020, the dramatic rise in remote work has coincided with increased geographic mobility in the United States. We examine the relationship between these trends and their effects on the electoral landscape. Using IRS...Read more...

Chapter

The evolution of gender in the labor market

in Handbook of Labor Economics

This chapter traces the evolution of the study of gender in the labor market, focusing on how academic thinking on this topic has evolved alongside real world developments in gender inequality from the 1980s to the prese...Read more...

CEP discussion paper

Local and national concentration trends in jobs and sales: the role of structural transformation

National U.S. industrial concentration rose between 1992-2017. Simultaneously, the Herfindhahl Index of local (six-digit-NAICS by county) employment concentration fell. This divergence between national and local employme...Read more...

Journal article

Research Policy :

No inventor is an island: social connectedness and the geography of knowledge flows in the US

Do informal social ties connecting inventors across distant places promote knowledge flows between them? To measure informal ties, we use a new and direct index of social connectedness of regions based on aggregate Faceb...Read more...

Journal article

Journal of Urban Economics:

The amplifying effect of capitalization rates on housing supply

We provide empirical evidence that increases in housing rental income lead to a larger supply response than price increases of the same percentage value. We rationalize this differential in supply responsiveness with an ...Read more...

CEP discussion paper

Automation, globalization and vanishing jobs: a labor market sorting view

We show, theoretically and empirically, that the effects of technological change associated with automation and offshoring on the labor market can substantially deviate from standard neoclassical conclusions when search ...Read more...

CEP discussion paper

Measuring the gains from labor specialization

We estimate the productivity effects of labor specialization using a judicial environment that offers a quasi-experimental setting well suited to this purpose. Judges in this environment are randomly assigned many differ...Read more...

CEP discussion paper

Labor specialization as a source of market frictions

This paper investigates why labor specialization brings additional frictions to the labor market. The intuition is that labor specialized firms rely on complementarity and firm-specific human capital, assigning high valu...Read more...

Journal article

American Economic Review:

The persistence of local joblessness

Differences in employment-population ratios across US commuting zones have persisted for many decades. We claim these disparities represent real gaps in economic opportunity for individuals of fixed characteristics. Thes...Read more...

CEP discussion paper

Specialization matters in the firm size-wage gap

This study applies the O-ring theory to explain the firm-size wage premium. It focuses on the joint role of the division of labor and employee characteristics. Including the firm heterogeneity of occupations in a standar...Read more...

Journal article

American Economic Review:

How local are labor markets? Evidence from a spatial job search model

This paper models the optimal search strategies of the unemployed across space to characterize local labor markets. Our methodology allows for linkages between numerous areas, while preserving tractability. We estimate t...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

The Journal of Industrial Economics:

Spillovers in space: does geography matter?

Using U.S. firm level panel data we simultaneously assess the contributions to productivity of three potential sources of research and development spillovers: geographic, technological, and product market ("horizontal")....Read more...

SERC/Urban and Spatial Programme Discussion Paper

Specialization and Regional Economic Development

Debates about urban growth and change often center on specialization.However, arguments linking specialization to metropolitan economic development contain diverse, and sometimes conflicting, claims. Is it better to be h...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Geographic Concentration and the Temporal Scope of Agglomeration Economics: An Index Decomposition

The paper decomposes a geographical concentration index to examine the temporal scope of a spillover, which is the period of time over which one firm?s activity directly affects the location of other firms? activities. N...Read more...

CEP discussion paper

Spillovers in Space: Does Geography Matter?

Using US firm level panel data we simultaneously assess the contributions to productivity of three potential sources of research and development spillovers: geographic, technological, and product market (?horizontal?). T...Read more...

CEP discussion paper

The Long-Term Consequences of Regional Specialization

What are the consequences of resource-based regional specialization, when it persists over a long period of time? While much of the literature argues that specialization is beneficial, recent work suggests it may be cost...Read more...

CEP discussion paper

Superstars and Renaissance Men: Specialization, Market Size and the Income Distribution

A general equilibrium model of individual specialization is presented in which agents trade off the productivity and price implications of producing a narrower range of goods. Agents with highly specific skills turn out ...Read more...

CEP discussion paper

Volatility and Development

Why is GDP growth so much more volatile in poor countries than in rich ones? We identify four possible reasons: (i) poor countries specialize in more volatile sectors; (ii) poor countries specialize in fewer sectors; (ii...Read more...

CEP discussion paper

Educational Attainment, Labour Market Institutions, and the Structure of Production

A key feature of OECD economic growth since the early 1970s has been the secular decline in manufacturing's share of GDP and the secular rise of service sectors. This paper examines the role played by relative prices, t...Read more...

CEP discussion paper

Factor Endowments and Production in European Regions

This paper analyses patterns of production across 14 industries in 45 regions from 7 European countries since 1975. We estimate a structural equation derived directly from Heckscher-Ohlin theory that relates an industry'...Read more...