Keynes and Bown talk with Stephen Redding (Princeton University) about his research on the border between East and West Germany erected in the mid-20th century. They discuss the loss of market access for cities near the border, and how being cut off from one’s neighbors affected the local economy. Spoiler: It wasn’t pretty.

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• Stephen Redding and Daniel Sturm. 2008. The Costs of Remoteness: Evidence from German Division and Reunification.  American Economic Review.