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This paper aims to clarify the relationship between monetary policy shocks and wage inequality. We emphasize the relevance of within and between wage group inequalities in explaining total wage inequality in the United States. Relying on…

General Economics · Economics 2022-03-08 Edmond Berisha , Ram Sewak Dubey , Eric Olson

Using three rounds of NSS datasets, the present paper attempts to understand the relationship between income inequality and intergenerational income mobility (IGIM) by segregating generations into social and income classes. The originality…

General Economics · Economics 2021-07-28 Anuradha Singh

This paper analyzes the differences in poverty in high wealth communities and low wealth communities. We first discuss methods of measuring poverty and analyze the causes of individual poverty and poverty in the Bay Area. Three cases are…

General Economics · Economics 2020-10-06 Merrick Wang , Robert Johnston

In an era of rapid technological advancements and macroeconomic shifts, worker reallocation is necessary, yet responses to labor market shocks remain sluggish, making it crucial to identify bottlenecks in occupational transitions to…

General Economics · Economics 2024-11-18 Max Sina Knicker , Karl Naumann-Woleske , Michael Benzaquen

Human mobility describes physical patterns of movement of people within a spatial system. Many of these patterns, including daily commuting, are cyclic and quantifiable. These patterns capture physical phenomena tied to processes studied in…

Applications · Statistics 2023-01-10 Michael J. Kane , Owais Gilani , Simon Urbanek

The expression "wage transition" refers to the fact that over the past two or three decades in all developed economies wage increases have levelled off. There has been a widening divergence and decoupling between wages on the one hand and…

General Finance · Quantitative Finance 2017-02-01 Belal Baaquie , Bertrand M. Roehner , Qinghai Wang

The relationship between housing costs and homelessness has important implications for the way that city and county governments respond to increasing homeless populations. Though many analyses in the public policy literature have examined…

Applications · Statistics 2017-08-01 Chris Glynn , Emily B. Fox

Ride-pooling systems, despite being an appealing urban mobility mode, still struggle to gain momentum. While we know the significance of critical mass in reaching system sustainability, less is known about the spatiotemporal patterns of…

Physics and Society · Physics 2023-12-15 Olha Shulika , Michal Bujak , Farnoud Ghasemi , Rafal Kucharski

Most cities in the US and in the world were organized around car traffic. In particular, large structures such as urban freeways or ring roads were built for reducing car traffic congestion. With the evolution of public transportation,…

Physics and Society · Physics 2023-03-29 Erwan Taillanter , Marc Barthelemy

Today, GPS-equipped mobile devices are ubiquitous, and they generate Location-Based Service (LBS) data, which has become a critical resource for understanding human mobility. However, inherent limitations in LBS datasets, primarily…

Computational Engineering, Finance, and Science · Computer Science 2024-11-26 Xinhua Wu , Yanchao Wang , Ekin Ugurel , Cynthia Chen , Shuai Huang , Qi R. Wang

Rapid urbanization and growing vehicle ownership exacerbate traffic congestion and prolong commute times. We examine the self-organizing dynamics of residential choice via a hypothetical home-swapping process to mitigate peak-hour traffic…

Physics and Society · Physics 2026-04-30 Yu-Qing Liu , Chen Zhao , Xiao-Yong Yan , Xiaoyue Hou , Chi Ho Yeung , An Zeng

Using smartphone location data from Colombia, Mexico, and Indonesia, we investigate how non-pharmaceutical policy interventions intended to mitigate the spread of the COVID-19 pandemic impact human mobility. In all three countries, we find…

Transportation equity advocates recommend improving public transit in low-income neighbourhoods to alleviate socio-spatial inequalities and increase quality of life. However, transportation planners often overlook transit investments in…

Physics and Society · Physics 2022-05-11 Elnaz Yousefzadeh Barri , Steven Farber , Anna Kramer , Hadi Jahanshahi , Jeff Allen , Eda Beyazit

We analyse the income distributions of cities in France and the scaling of the income of different deciles as a function of the population. We find a significant difference in the scaling exponents for the richer and poorer parts of the…

Physics and Society · Physics 2023-06-06 Nirbhay Patil , Jean-Pierre Nadal , Jean-Philippe Bouchaud

Recent mobility scaling research, using new data sources, often relies on aggregated data alone. Hence, these studies face difficulties characterizing the influence of factors such as transportation mode on mobility patterns. This paper…

Physics and Society · Physics 2014-01-07 Galen Wilkerson , Ramin Khalili , Stefan Schmid

Recent research has documented a significant rise in the volatility (e.g., expected squared change) of individual incomes in the U.S. since the 1970s. Existing measures of this trend abstract from individual heterogeneity, effectively…

Statistical Finance · Quantitative Finance 2008-12-02 Shane T. Jensen , Stephen H. Shore

A continuous-time random walk in the quarter plane with homogeneous transition rates is considered. Given a non-negative reward function on the state space, we are interested in the expected stationary performance. Since a direct derivation…

Probability · Mathematics 2017-08-31 Xinwei Bai , Jasper Goseling

Using a panel of 102 countries from PWT 10.0 covering 1970-2019, we examine the veracity of the assumption that a time-homogeneous, first-order process describes the evolution of the cross-country distribution of per capita output, an…

General Economics · Economics 2025-06-10 Davide Fiaschi , Paul Johnson

This paper studies the role of social networks in spatial mobility across India. Using aggregated and de-identified data from the world's largest online social network, we (i) document new descriptive findings on the structure of social…

General Economics · Economics 2022-03-17 Harshil Sahai , Michael Bailey

We represent the functioning of the housing market and study the relation between income segregation, income inequality and house prices by introducing a spatial Agent-Based Model (ABM). Differently from traditional models in urban…

Economics · Quantitative Finance 2018-10-23 Marco Pangallo , Jean Pierre Nadal , Annick Vignes