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Buying First or Selling First in Housing Markets
Moen, Espen R; Nenov, Plamen T.; Sniekers, Florian - C.E.P.R. Discussion Papers - 2015
Housing transactions by owner-occupiers take two steps, purchase of a new property and sale of the old housing unit. This paper shows how the transaction sequence decision of owner-occupiers depends on, and in turn, affects housing market conditions in an equilibrium search-and-matching model of...
Persistent link: https://www.econbiz.de/10011145449
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Moving House
Ngai, Liwa Rachel; Sheedy, Kevin D. - C.E.P.R. Discussion Papers - 2015
Using data on house sales and inventories of unsold houses, this paper shows that changes in sales volume are largely explained by changes in the frequency at which houses are put up for sale rather than changes in the length of time taken to sell them. Thus the decision to move house is key to...
Persistent link: https://www.econbiz.de/10011145462
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The neighbor is king: Customer discrimination in the housing market
Combes, Pierre-Philippe; Decreuse, Bruno; Schmutz, Benoît - C.E.P.R. Discussion Papers - 2012
This paper provides a method to single out customer-based discrimination in the housing market. We build a matching model with ethnic externalities where landlords differ in the number of housing units they own within the same building. Multiple-dwelling landlords discriminate more often than...
Persistent link: https://www.econbiz.de/10011083618
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Buying First or Selling First in Housing Markets
Moen, Espen R; Nenov, Plamen T. - C.E.P.R. Discussion Papers - 2014
Housing transactions by existing homeowners take two steps, a purchase of a new property and sale of the old housing unit. These two decisions are not independent, and their sequence may depend on the state of the housing market. This paper shows how the sequence of buyer-seller decisions...
Persistent link: https://www.econbiz.de/10011083698
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The Ins and Arounds in the U.S. Housing Market
Bachmann, Rüdiger; Cooper, Daniel - C.E.P.R. Discussion Papers - 2014
In the U.S., 15 percent of households move in a given year. This result is based on data from the Panel Study of Income Dynamics on gross flows within and between the two segments of the housing market - renter-occupied properties and owner-occupied properties. The gross flows between these two...
Persistent link: https://www.econbiz.de/10011083733
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Immigration and the School System
Albornoz-Crespo, Facundo; Cabrales, Antonio; Hauk, Esther - C.E.P.R. Discussion Papers - 2011
Immigration is an important problem in many societies, and it has wide-ranging eects on the educational systems of host countries. There is a now a large empirical literature, but very little theoretical work on this topic. We introduce a model of family immigration in a framework where school...
Persistent link: https://www.econbiz.de/10009365649
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Incentives, resources and the organization of the school system
Albornoz-Crespo, Facundo; Berlinski, Samuel; Cabrales, … - C.E.P.R. Discussion Papers - 2010
We study a model where student eort and talent interact with parental and teachers' investments, as well as with school system resources. The model is rich, yet sufficiently stylized to provide novel implications. We can show, for example, that an improvement in parental outside options will...
Persistent link: https://www.econbiz.de/10008466350
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The Design of Optimal Education Policies
De Fraja, Gianni - C.E.P.R. Discussion Papers - 1998
The paper studies the optimal education policy of a budget-constrained utilitarian government. Households differ in … information. Households can choose to use private education, but cannot borrow to finance it. The results we obtain are striking …. The optimal education policy is elitist: it increases the spread between the education achievement of the bright and the …
Persistent link: https://www.econbiz.de/10005666893
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Child Education and Work Choices in the Presence of a Conditional Cash Transfer Programme in Rural Colombia
Attanasio, Orazio; Fitzsimons, Emla; Gomez, Ana; Lopez, … - C.E.P.R. Discussion Papers - 2006
The paper studies the effects of Familias en Acción, a conditional cash transfer programme implemented in rural areas in Colombia in 2002, on school enrolment and child labour. Using a quasi-experimental approach, our methodology makes use of an interesting feature of the data, which allows us...
Persistent link: https://www.econbiz.de/10005123901
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Equal Opportunities in Education: Market Equilibrium and Public Policy
De Fraja, Gianni - C.E.P.R. Discussion Papers - 1999
This paper investigates whether individual decisions lead to equality of opportunity in education, defined in the …
Persistent link: https://www.econbiz.de/10005067375