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In this article, we analyze how industry‐ and region‐specific characteristics influence individual‐level decisions on mobility within and between regions during the life cycle of the industry. Using uniquely detailed panel‐type data from the Finnish high technology sector, our analysis demonstrates that the influence of different regional features varies for different types of job changes and labor mobility and also according to the industry life cycle. We find that the classic agglomeration‐type arguments regarding labor search and matching only really operate in the early growth stages of an industry life cycle. These patterns change throughout the various stages of the industry life cycle, although in quite different ways according to different factors, and understanding how these patterns change helps to provide a richer understanding of the labor market roles of agglomeration and clustering. [ABSTRACT FROM AUTHOR]

The paper argues that the UK's endemic regional–national productivity problems cannot be addressed by the UK's current institutional and governance set-up. This paper argues that the establishment of an appropriate institution, body or forum is essential in order to fill the current governance vacuum. The appropriate nature, form and logic of such a body can be gleaned by observing various international comparator bodies which undertake different aspects of the types of roles and tasks that a UK body must necessarily undertake. The options for a UK body comprising elements of these comparator institutions are discussed in detail. [ABSTRACT FROM AUTHOR]

This article exploits signals of capital pricing and availability in US cities which are obtained from uniquely detailed data on real estate investments. We identify how places were differently affected by the global financial crisis and provide insights which offer an alternative explanation of why US economic growth continues to experience spatial divergence after many decades of convergence. Investment pricing uncovers that before the crisis capital was allocated efficiently across localities, whereas the global financial shock favored large and prosperous places. These findings point to persistent post-crisis asymmetry in local capital market conditions and underscore the capital risk-safety aspects of agglomeration. [ABSTRACT FROM AUTHOR]

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