Socio-Economic Segregation in European Capital Cities: Increasing Separation between Poor and Rich* Socio-economic inequality is on the rise in major European cities as are the worries about that, since this development is seen as threatening social cohesion and stability. Surprisingly, relatively little is known about the spatial dimensions of rising socioeconomic inequality. This paper builds...

School Attendance of Children and the Work of Mothers: A Joint Multilevel Model for India This paper investigates the determinants of school attendance of children and their mother’s working status when the mother decides how to allocate her time and that of her children. A multilevel random effects model is applied to study the mother’s participation and the schooling status of her children in...

A central theme of China’s 11 Five Year Plan (2006-2010) is the building of a “new socialist countryside.” Over recent years, reforming rural finance and improving access to credit by small businesses and farmers has figured increasingly prominently in the leadership’s proclamations of support to rural economic development. While hundreds of pilot innovations in small-scale finance have been pu...

Cultural Diversity and Entrepreneurship: A Regional Analysis for Germany* In this paper we investigate the determinants of entrepreneurial activity in a cross section of German regions for the period 1998-2005. Departing from the knowledge spillover theory of entrepreneurship, the focus of our analysis is on the role of the regional environment and, in particular, knowledge and cultural diversi...

Advanced economies undergo three transitions during their development: 1. They transition from a rural to an urban economy. 2. They transition from low income growth to high income growth. 3. Their demographics transition from initially high fertility and mortality rates to low modern levels. The timings of these transitions are correlated in the historical development of most advanced economie...

The Journal of Economic Literature codes classification system (JEL) published by the American Association (AEA) is de facto standard for research literature in economics. JEL used to classify articles, dissertations, books, book reviews, and working papers EconLit, a database maintained AEA. Over time, it has evolved extended with over 850 subclasses. This paper reviews history development sys...

We examine variation in the concentration of inventive activity across 72 of North America’s most highly innovative locations. In 12 of these areas, innovation is particularly concentrated in a single, large firm; we refer to such locations as “company towns.” We find that inventors employed by large firms in these locations tend to draw disproportionately from their firm’s own prior inventions...

Reductions in transport and transaction costs are expected to have a major effect on the functioning of food markets in developing countries. For many developing countries, this is a relevant issue as it may have important consequences for the food markets in urban and rural deficit areas. A partial equilibrium model is presented to analyze the effects of reduced costs on cereal price formation...