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Discussion Paper
The Power of Proximity: How Working beside Colleagues Affects Training and Productivity
Firms remain divided about the value of the office for “office” workers. Some firms think that their employees are more productive when working from home. Others believe that the office is a key place for investing in workers’ skills. In this post, which is based on a recent working paper, we examine whether both sides could be right: Could working in the office facilitate investments in workers’ skills for tomorrow that diminish productivity today?
Report
Housing markets and residential segregation: impacts of the Michigan school finance reform on inter- and intra-district sorting
Local financing of public schools in the United States leads to a bundling of two distinct choices ? residential choice and school choice ? and has been argued to increase the degree of socioeconomic segregation across school districts. A school finance reform, aimed at equalization of school finances, can in principle weaken this link between housing choice and choice of schools. In this paper, we study the impacts of the Michigan school finance reform of 1994 (Proposal A) on spatial segregation. The reform was a state initiative intended to equalize per-pupil expenditures between Michigan ...