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Macroeconomic Implications of Agglomeration
16 references·4 citing·38 second hop
Macroeconomic Implications of Agglomeration (2014)Macroeconomic Implications of Agglomerati…Chapter 49 Evidence on the nature and sources of agglomeration economies (2004)Chapter 49 Evidence on the na…A finite sample correction for the variance of linear efficient two-step GMM estimators (2004)A finite sample correction fo…Capital-skill Complementarity and Inequality: A Macroeconomic Analysis (2000)Capital-skill Complementarity…Zipf's Law for Cities: An Explanation (1999)Zipf's Law for Cities: An Exp…GMM estimation with persistent panel data: an application to production functions (1999)GMM estimation with persisten…Another look at the instrumental variable estimation of error-components models (1995)Another look at the instrumen…Productivity and the Density of Economic Activity (1993)Productivity and the Density …Changes in Relative Wages, 1963-1987: Supply and Demand Factors (1992)Changes in Relative Wages, 19…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…A SENSITIVITY ANALYSIS OF CROSS-COUNTRY GROWTH REGRESSIONS (1991)A SENSITIVITY ANALYSIS OF CRO…Quality Ladders in the Theory of Growth (1989)Quality Ladders in the Theory…On the mechanics of economic development (1988)On the mechanics of economic …Estimating Vector Autoregressions with Panel Data (1988)Estimating Vector Autoregress…Wages, Rents, and the Quality of Life (1982)Wages, Rents, and the Quality…Formulation and estimation of dynamic models using panel data (1982)Formulation and estimation of…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Spatio-temporal evolution of population mobility differentiation patterns in a pandemic context: based on a network perspective (2023)Spatio-temporal evolution of …RETRACTED: Natural disasters, intra-national FDI spillovers, and economic divergence: Evidence from India (2022)RETRACTED: Natural disasters,…Do city–county mergers in China promote local economic development? (2017)Do city–county mergers in Chi…Do bank loans and local amenities explain Chinese urban house prices? (2015)Do bank loans and local ameni…Some International Evidence on Output-Inflation Tradeoffs. (1973)Increasing Returns and Long-Run Growth (1986)A Contribution to the Empirics of Economic Growth (1992)Economic Reform and the Process of Global Integration (1995)INSTITUTIONS AND ECONOMIC PERFORMANCE: CROSS‐COUNTRY TESTS USING ALTERNATIVE INSTITUTIONAL MEASURES (1995)Africa's Growth Tragedy: Policies and Ethnic Divisions (1997)Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition (1974)Convergence Across States and Regions (1991)Who Benefits from State and Local Economic Development Policies? (1991)GMM estimation with cross sectional dependence (1999)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)On the Pooling of Time Series and Cross Section Data (1978)Estimation of Dynamic Models with Error Components (1981)Panel data and unobservable individual effects (1981)Using Online Conversations to Study Word-of-Mouth Communication (2004)Bank-specific, industry-specific and macroeconomic determinants of bank profitability (2006)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2007)Biases in Dynamic Models with Fixed Effects (1981)The analysis of household surveys (1997)Finance, inequality and the poor (2007)The Economic Implications of Learning by Doing (1962)Human Capital (1983)Endogenous Technological Change (1989)Increasing Returns and Economic Geography (1990)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Initial conditions and moment restrictions in dynamic panel data models (1998)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)Initial conditions and moment restrictions in dynamic panel data models (1995)The Skill Content of Recent Technological Change: An Empirical Exploration (2003)The future of employment: How susceptible are jobs to computerisation? (2016)Robots and Jobs: Evidence from US Labor Markets (2019)
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References

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  • 2000Capital-skill Complementarity and Inequality: A Macroeconomic Analysis2,103 cited
  • 1999Zipf's Law for Cities: An Explanation2,043 cited

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  • 1999GMM estimation with persistent panel data: an application to production functions1,683 cited
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    • 2017Do city–county mergers in China promote local economic development?91 cited
    • 2015Do bank loans and local amenities explain Chinese urban house prices?84 cited
    • 2022RETRACTED: Natural disasters, intra-national FDI spillovers, and economic divergence: Evidence from India41 cited
    • 2023Spatio-temporal evolution of population mobility differentiation patterns in a pandemic context: based on a network perspective6 cited