This paper investigates the interrelationship between urbanization, structural transformation, and post-2000 Chinese housing boom through lens of a dynamic spatial equilibrium model that features migration rich market structure with mortgages. Urbanization transformation emerge as key drivers China's house price boom, while at same time rising prices impede these forces economic transition. Pol...

This paper investigates neighborhood peer eff ects on individual welfare using a combined IV and control function approach. The empirical analysis is based on panel data for the years 2007-2010 constructed by enriching the geo-referenced version of the German Socio-Economic Panel (GSOEP) with aggregated zip code level-information. The results suggest that individual welfare use is positively co...

The spatial panel data model is a standard tool for analyzing data with both spatial correlation and dynamic dependences among economic units. Conventional estimation methods rely on the key assumption that the spatial weight matrix is strictly exogenous, which would likely be violated in some empirical applications where spatial weights are determined by economic factors. This paper studies th...

To explain the links between population distribution and economic integration, we construct a spatial economics model with endogenous fertility. A higher population concentration increases real wages and child-raising costs, thus lowering the fertility rate. However, people migrate to more populated regions to obtain higher real wages. We show that mobility across regions results in more people...

Initial and Subsequent Location Choices of Immigrants to the Netherlands The initial settlement behaviour and the subsequent mobility of immigrants who arrived in the Netherlands in 1999 are examined using rich administrative individual data. The study considers the settlement patterns of immigrants from various countries of origin who entered the country as labour, family or asylum migrants. T...

Sectoral Shifts, Diversification and Regional Unemployment: Evidence from Local Labour Systems in Italy Using Local Labour Systems (LLSs) data, this work aims at assessing the effects of sectoral shifts and industry specialization patterns on regional unemployment in Italy over the years 2004-2008, when huge worker reallocation caused by changes in the international division of labour occurred....

The association between types of food access and rising adult obesity rates is increasingly recognized, as a complement to the effects of declining physical activity. Previous studies have examined the effects on obesity of only a limited set of store types, such as grocery stores, fast food restaurants and big-box retailers, and they have ignored that certain behavioral factors, such as could ...

Migration decision-making in developing economies is addressed from the perspective of status in the labor force (unemployed or unemployed) and traditional concerns with utility maximization are expanded to include the role of assets and access to capital markets. A dynamic model is formulated and the results reveal that the migration mechanism is efficient when workers have access to borrowing...