The REStud Tour (formerly known as Review of Economic Studies May Meetings) has been held annually in May since 1989. Every year, in line with the Review’s tradition of encouraging the work of young economists, some of the most promising graduating doctoral students in economics and finance in the world are selected to present their research to audiences in Europe. The meetings take place at the economics departments or institutes of three or four universities across Europe. Standard seminar presentations are given over two days to audiences invited by the local hosts and which include members of the journal’s editorial board.
Since 2021, the Review of Economic Studies has also sponsored a tour of North American universities by promising graduating doctoral students from European universities.
A list of Tour participants up to and including 2021 is available here.
Cities surrounded by expensive farmland are denser and agricultural productivity growth has lowered urban density over time in France. Our multi-region structural change framework can explain it.
New paper by Coeurdacier, @teignier & @FlorianOswald
https://www.restud.com/structural-change-land-use-and-urban-expansion/
🏠Transaction taxes don’t just cool housing—they reshape it. Same rate, different impact: investors buy more, households less. Result: lower ownership and welfare losses of 111% of tax revenue.
New paper from Han, Ngai & Sheedy:
https://www.restud.com/to-own-or-to-rent-the-effects-of-transaction-taxes-on-housing-markets/
#econtwitter #REStud
Slum upgrading is a common policy to help residents, but it can delay redevelopment into formal neighborhoods. Evidence from the largest program highlights the tradeoff: central upgrading can entail long-run opportunity costs.
New paper by Harari & Wong:
https://www.restud.com/slum-upgrading-and-long-run-urban-development-evidence-from-indonesia/