does marriage really make men more productive this paper presents new descriptive evidence regarding marital pay premiums earned by white males longitudinal data indicate that wages rise after marriage and that cross sectional marriage premiums appear to result from a steepening of the earnings profile data from a company personnelfile that includes information on job grades and supervisor performance ratings reveal large marital status pay differences within a narrow range of occupations managers and professionals and environments a single firm married workers tend to be located in higher paying job grades there are very small pay differentials within grades married men receive higher performance ratings than single men as a result they are much more likely to be promoted controlling for rated performance however eliminates the promotion differential sanders korenman is an assistant professor of economics and public affairs at princeton university and is a faculty associate of the office of population research at princeton university and a research affiliate of the national bureau of economic research nber david neumark is an assistant professor of economics at the university of pennsylvania and a research affiliate of the nber korenman wishes to acknowledge the hewlett foundation and the harvard university center for population studies for financial support the authors are grateful to james medofffor making available an extract from the company personnelfile questions regarding data availability should be directed to professor james

regional house price interactions in the uk 1975 81 a cross spectral analysis 1986 regional house price interactions in the uk 1975 81 a cross spectral analysis applied economics vol 18 no 9 pp 1011 1023

the convergence of regional house prices in the uk the ripple effect hypothesis implies a long run convergence of regional uk house prices however despite many authors believing in the existence of such an underlying constancy statistical evidence has yet to be presented supporting this implication in this paper an alternative approach is proposed to analyse regional house price ratios in contrast to the findings of previous studies application of this new procedure results in the detection of widespread convergence of house prices in a number of regions of the uk the results suggest that the failure of previous analyses to uncover convergence is due to an underlying asymmetry in the adjustment process being ignored interestingly the form of asymmetry detected varies between regions while regions in the south east experience faster convergence following downswings in prices other regions exhibit more rapid convergence following increases in prices

pairwise convergence of district level house prices in london this paper investigates the long run convergence of district level house prices in greater london using the recently developed pairwise approach this methodology allows for unit root tests to be conducted on all n n 1 2 possible pairs of house price differentials across the n boroughs of london thus avoiding the need to choose a base borough of reference or the regional average as the benchmark it also permits the estimation consistently of the proportion of the pairs that are stationary and convergent using hm land registry house price data for 33 inner and outer london boroughs over the period 1996q1 2009q2 no overall multidistrict long run convergence is found some evidence of district level segmentation of house prices in greater london is found with the sub group of the boroughs contiguous to the city of london district and the wider central sub market emerging as the clubs with the highest rate of convergence

do changes in the fundamentals have symmetric or asymmetric effects on house prices evidence from 52 states of the united states of america abstracttime series studies that have tried to establish the long run relationship between house prices and economic fundamentals have been criticized due to low power of their cointegration tests on the other hand those who have used panel data and panel tests to increase the power have found mixed results both groups have assumed that changes in the fundamentals have symmetric effects on house prices in this article we use nonlinear ardl approach to cointegration and error correction modelling and quarterly data from each of the states in the us to show that changes in the fundamentals have asymmetric effects on house prices in the short run as well as in the long run cointegration between house prices and fundamentals is established in 30 states and in district of columbia

the dynamics of health in the british household panel survey this paper considers the dynamics of a categorical indicator of self assessed health using eight waves 1991 1998 of the british household panel survey bhps our analysis has three focal points the relative contributions of state dependence and heterogeneity in explaining the dynamics of health the existence and consequences of health related sample attrition and the investigation of the effects of measures of socioeconomic status with a particular focus on educational attainment and income to investigate these issues we use dynamic panel ordered probit models there is clear evidence of health related attrition in the data but this does not distort the estimates of state dependence and of the socioeconomic gradient in health the models show strong positive state dependence and heterogeneity accounts for around 30 of the unexplained variation in health copyright 2004 john wiley sons ltd

climbing the property ladder an analysis of market integration in london property prices we investigate the long run convergence of house prices across the london boroughs based on a pairwise unit root probabilistic testing procedure in sharp contrast to the earlier literature we emp

where does an industry locate abstract this paper presents an econometric model of industrial location and estimates the model for two industries in brazil based on a comprehensive data set the model predicts which cities will or will not have the industry and for these cities with the industry what the scale of operation will be the parameters estimated in a full information context represent the technology of production supply of entrepreneurs and equilibrating error in markets the results are strong and very suggestive and the explanatory power of the model is relatively high the results are used to simulate the impact of industry subsidies on locational patterns

governing the workplace the workplace and regional development implications of automotive foreign direct investment in hungary swain a 1998 governing the workplace the workplace and regional development implications of automotive direct foreign investment in hungary reg studies 32 653 671 this paper examines the connections that exist between the workplace implications of automotive foreign direct investment in hungary and the unfolding uneven development of capitalism in east central europe it develops a conceptual framework in order to critically analyse the role played by foreign direct investment in the restructuring of the hungarian space economy drawing on ideas about the governance of socio economic systems the paper argues that foreign investments can be conceptualized as a site where the interaction between competing institutions operating at different spatial scales is translated and instantiated in the material and discursive practices which constitute work in this way factory regimes are nested in a web of interactions which govern industrial and regional change this approach is used to analyse the diff

localized spillovers in the polish food industry the role of fdi in the development process jensen c 2004 localized spillovers in the polish food industry the role of fdi in the development process reg studies 38 535 550 the paper aims to investigate whether there are spillovers and agglomeration effects in the polish food industry this part of the research focuses on horizontal or inter industry types of spillovers assuming that they may be multidirectional and could be based on any kind of community related to geography industry affiliation and ownership in the transition countries that have opened up to foreign direct investment very recently ownership can be an important determinant of the firm s embeddedness in both local and global networks the study confirms the relevance of all three types of community factors bur raises concerns that foreign investors appear to share their own glocal networks while spillovers among domestic firms are confined to their own and also to highly localized producer communities an f test on the appropriateness of pooling confirms the idea t

agglomeration and trade some additional perspectives the form of agglomeration economies those internal to the firm as well as those external to it is reviewed consideration is next given to recent changes in the regional state economies of the us midwest as part of an effort to explore the evolving nature of agglomeration economies particular attention is paid to the changing relationship between the establishment and the firm and to radical developments that have affected the transportation sector the impact of these changes on the nature of interstate trade and on the structure of the metropolitan economy are then examined there follows a discussion of how agglomeration economies are being supplemented and perhaps replaced by less spatially constrained advantages finally certain of the more important implications of these various trends are discussed

state dependence serial correlation and heterogeneity in intertemporal labor force participation of married women a dynamic search framework is developed to analyze the intertemporal labor force participation behavior of married women using longitudinal data to allow for a rich dynamic structure the sensitivity to alternative distributional assumptions is evaluated using linear probability and probit models the dynamic probit models are estimated using maximum simulated likelihood msl estimation to overcome the computational difficulties inherent in maximum likelihood estimation of models with nontrivial error structures the results find that participation decisions are characterized by significant state dependence unobserved heterogeneity and negative serial correlation in the error component the hypothesis that fertility decisions are exogenous to women s participation decisions is rejected when dynamics are ignored however there is no evidence against this hypothesis in dynamic model specifications women s participation response is stronger to permanent than current nonlabor income reflecting unobserved taste factors

seasonality and cointegration of regional house prices in the uk the data generation process underlying regional house prices in the uk is investigated using new statistical tests it is found that causal flows tend to be northwards the south east rather than greater london acts as an exogenous price determinator of the other regions in the south the midland regions have a great influence on prices in the north and flows through the east midlands are characterised by bi directional causality these results are largely independent of assumptions made about the data generation process and tests of these assumptions have low power in any case there are also similarities between this causality and migration patterns particularly in the south of england

medium term cycles and housing is regional integration different drehmann et al drehmann m borio c and tsatsaronis k 2012 characterising the financial cycle don t lose sight of the medium term bis working papers no 380 bank for international settlement

fringe benefits and labor mobility interindustry factor mobility is a crucial determinant of the income distribution effects of exogenous changes in relative commodity prices this examination of interindustry variation in wages and profits using data from manufacturing industries from

estimating neighbourhood effects in house prices towards a new hedonic model approach a hedonic equation considers ols models with independently and identically distributed errors however quality of property and location tend to exhibit highly auto regressive correlation due to spatial dependence and heterogeneity a modification is made to multiple regression analysis based on the land rent concept so that the modified hedonic house price function can be determined this paper develops a stochastic approach which is able to correct autocorrelation bias in the hedonic function others tend to model the spatial autocorrelation through the error terms while this study models it through the constant term the sample was orientated by location to reflect the neighbourhood effects thus the neighbourhood effects can be separated from the random disturbance our model using data from hong kong incorporates adjustments reflecting net floor area ratio age floor level views transport accessibility and amenities such as availability of recreational facilities the stochastic model is a more

convergence and divergence in british housing space abstractthe degree of convergence that exists among british house prices is an open question inferences vary with the method applied and periods considered using the rank of the cointegrating matrix among four decades of regional data two contiguous groups of regions are revealed these super regions have some common members through which price changes are transmitted from south to north with london found to be deviating from the south east neither it nor the uk are likely to be indicative of the regional series of the south of england

social times of network spaces network sequences and foreign investment in hungary to model from its inception interenterprise network formation and its interaction with foreign investment across an entire epoch of rapid and profound economic transformation the authors gathered data on the complete ownership histories of 1 696 of the largest hungarian enterprises from 1987 to 2001 they develop a social sequence analysis to identify distinctive pathways whereby firms use network resources to buffer uncertainty hide or restructure assets or gain knowledge and legitimacy during this period networked property grew stabilized and involved a growing proportion of foreign capital cohesive networks of recombinant property were robust and in fact integrated foreign investment although multinationals through their subsidiaries dissolved ties in joint venture arrangements the authors find evidence that they also built durable networks these findings suggest that developing economies do not necessarily face a forced choice between networks of global reach and those of local embedde

the impact of employer provided health insurance on dynamic employment transitions we estimate the impact of employer provided health insurance ephi on the job mobility of males over time using a dynamic empirical model that accounts for unobserved heterogeneity previous studies of job lock reach different conclusions about possible distortions in labor mobility stemming from an employment based health insurance system a few authors find no evidence of job lock although most find reductions in the mobility of insured workers of between 20 and 40 percent we use data from the national longitudinal survey of youth which includes variables describing the health insurance an individual holds as well as whether he is offered insurance by his employer this additional information allows us to model the latent individual characteristics that are correlated with the offer of ephi the acceptance of ephi and employment transitions our results provide an estimate of job lock unbiased through correlation with positive job characteristics and individual specific turnover propensity we find no evidence of job lock among married males and produce small estimates of job lock among unmarried males of between 10 and 15 percent

cathedrals in the desert transnationals corporate strategy and locality in wroc aw hardy j 1998 cathedrals in the desert transnationals corporate strategy and locality in wroc aw reg studies 32 639 652 this paper examines the relationship between the strategy and restructuring of transnational corporations patterns of foreign direct investment and the transformation of the regions of east and central europe different views of the impact of foreign direct investment are interrogated by taking a case study approach which focuses on 12 significant brownfield and greenfield investments in the wroc aw region of poland the paper examines the relationship between their mode of entry and institutional engagement economic impacts are explored through looking at both the internal restructuring of firms and the wider linkages created in the local region the paper concludes that whilst the internal impact on individual firms has been marked local linkages are not significant questions are raised about the effects of competition on indigenous firms it is suggested that fdi has

theoretical deliberations on time and space in post socialist transformation altvater e 1998 theoretical deliberations in time and space in post socialist transformation reg studies 32 591 605 this paper considers the spatio temporal dimensions of post socialist transformation it discusses approaches based on modernization and dependency theory and shows that neither modernization an oecd profile nor dependency on the global division of labour are likely outcomes of transformation instead hybrid forms of capitalism are evolving they display different combinations of an extraction and production economy or of arbitrage capitalism based on exploitation of differentials in time and space without taking care of material production processes the trajectory of development depends highly on the management of competitiveness of the place on regulation of competition in the global space and on the organization of the economy of time altvater e 1998 des reflexions theoriques sur le temps et l espace de la transformation post socialiste reg studies 32 591 605 cet art

employment based health insurance and job mobility is there evidence of job lock the majority of privately insured americans obtain their health insurance through their own or a family member s employment the rationale for employers to provide health insurance is straightforward by pooling the risks of individuals employers can reduce adverse selection and lower administrative expenses in addition they benefit from tax laws allowing businesses to deduct their health insurance costs these advantages of employer provision however must be weighed against the distortions they may generate in individual labor market decisions in particular health insurance may distort job mobility if employees decide to keep jobs they would rather leave for fear of losing coverage for preexisting conditions a possibility that has been termed job lock this paper attempts to quantify the effect of employer provided health insurance on the labor market mobility of individuals the link between employer provided health insurance and

is there long run convergence among regional house prices in the uk this paper investigates the long run convergence of regional house prices in the uk existing studies have failed to reach a consensus on whether or not regional house prices exhibit long run convergence with each other the application is proposed of a new test involving unit root testing of the first principal component based on regional national house price differentials using mix adjusted quarterly data for 1973 2006 it is found that the first principal component is stationary this suggests that all uk regional house prices are driven by a single common stochastic trend further analysis suggests that those regions that are more distant from london exhibit the highest degrees of persistence with respect to deviations in house price differentials

the impact of a large multinational organization on a small local economy barrow m and hall m 1995 the impact of a large multinational organization on a small local economy reg studies 29 635 653 this paper is based on a research project undertaken for american express a m e x in brighton which aimed to identify the economic impact of american express on the local economy a research methodology is employed which inter alia utilizes concepts drawn from development economics notably economic linkages and enclave development adapted to the requirements of the project we use both quantitative data from the firm s payroll and suppliers databases and interview data from a variety of sources to make a judgement about the impact of the firm upon the locality we find there are both quantitative and qualitative links with the rest of the economy we try to measure both absolute and relative impacts of the firm by making use of different counter factual scenarios we find a generally beneficial effect of the firm upon the locality in contrast to a number of other st

two separated effects of employer provided health insurance on job mobility we estimate the effect of employer provided health insurance ephi on job mobility via a dynamic model of joint employment and health insurance decision in the presence of uncertainty about wage rate and health status transitions the model is based on a markov decision process in which a hedonic wage approach provides an economic rationale for the different choices and health insurance serves as an input to the health production process including health transitions in the model helps us to understand how the availability of ephi positive job characteristic and holding ephi the wage health insurance trade off enter into the individuals decisions the model is estimated using the 1999 2000 medical expenditure panel survey panel 4 and the results show that the pure effects of holding ephi are negligible the full effects of ephi are significant and the degrees of the inefficiency vary between 14 and 25 across different states

central and eastern europe a decade after the fall of state socialism regional dimensions of transition processes following the collapse of state socialism a decade ago central and eastern european countries ceecs opted for democracy and market economy there was a widespread belief that transition to a market economy via neo liberal shock therapy would lead to a quick closure of the wealth gap with the west a decade later however neo liberal expectations of convergence under market conditions never materialized instead new europe has been experiencing fragmentation and growing disparity between west and east and also within the east itself in examining regional patterns and building on the strengths of institutional and radical approaches this article challenges neo liberal accounts of uneven development in eastern europe it argues that diverging economic trajectories should be understood in the light of the structural legacies of both the state socialist and pre socialist past and the way these are exposed to and interact with international political economy

an equilibrium model of health insurance provision and wage determination we investigate the effect of employer provided health insurance on job mobility rates and economic welfare using a search matching and bargaining framework in our model health insurance coverage decisions are made in a cooperative manner that recognizes the productivity effects of health insurance as well as its nonpecuniary value to the employee the resulting equilibrium is one in which not all employment matches are covered by health insurance wages at jobs providing health insurance are larger in a stochastic sense than those at jobs without health insurance and workers at jobs with health insurance are less likely to leave those jobs even after conditioning on the wage rate we estimate the model using the 1996 panel of the survey of income and program participation and find that the employer provided health insurance system does not lead to any serious inefficiencies in mobility decisions

testing for convergence between uk regional house prices drake l 1995 testing for convergence between uk regional house prices reg studies 29 357 366 this paper uses the kalman filter time varying parameter estimation technique to test for convergence between uk regional house prices this issue is significant given the historical disparities in regional house price inflation rates and the unprecedented downturn in both uk and most regional house prices in the late 1980s and early 1990s the evidence suggests that there are clear regional differences in the pattern of uk house price movements in particular house prices in the north and scotland show evidence of greater divergence from prices in the rest of the south east region than do the southern and midlands regions drake l 1995 une analyse pour determiner la convergence des prix du marche immobilier regionaux au royaume uni reg studies 29 357 366 cet article se sert de la technique dite kalman filter afin de determiner la convergence des prix du marche immobilier regionaux au royaume uni c

firm size and regional linkages a typology of manufacturing establishments in southern spain romero i and santos f j 2007 firm size and regional linkages a typology of manufacturing establishments in southern spain regional studies 41 571 584 regions with different levels of development are characterized by different enterprise compositions according to firm size and regional productive linkages using these two variables and two additional ones the technological level and the position in the value chain the composition of the industrial sector in any region can be studied in this respect a new theoretical enterprise typology is proposed in this paper as a powerful analytical tool furthermore empirical work is carried out using a data set from the survey done to estimate the regional input output table of andalusia a backward region in southern spain thus the theoretical enterprise typology is applied to the industry in andalusia so that some strengths and weaknesses of the regional economy are identified romero i et santos f j 2007 la taille de l entreprise et les mail

regulation theory strategies of enterprise integration and the political economy of regional economic restructuring in central and eastern europe the case of slovakia 1 1 this is a revised version of a paper presented at the annual conference of the institute of british geographers university of northumbria at newcastle january 1995 the research is based upon interviews with enterprise managers ministerial representatives and other economic organizations in slovakia during 1993 94