We study the role of institutional characteristics of mortgage markets in affecting the strength and timing of the … facts: (1) there is significant divergence in the structure of mortgage markets across the main industrialized countries; (2 … flexibility/development of mortgage markets; (3) the transmission of monetary policy shocks on consumption and house prices is …

Product and labour market deregulation are fundamentally about reducing and redistributing rents, leading economic … central assumptions: Monopolistic competition in the goods market, which determines the size of rents, and bargaining in the … labour market, which determines the distribution of rents between workers and firms. We then think of product market …

house rents for native residents across U.S. states. Instrumental variables estimates reveal that the correlations are … compatible with a causal interpretation from immigration to wages and rents of natives. Separating the effects of immigrants on … natives of different schooling levels we find positive effects on the wages and rents of highly educated and small effects on …

protests have a role in restricting the ability of connected firms to capture excess rents. …

of theory with empirical evidence on gross job flows and on financial and labour market rents, we find that, cumulatively …

This Paper analyses the evolution of quantitative measures of employee rents in Europe during the nineties, using the … transitions. The results are largely negative; there is robust evidence of falling rents during that period only in Ireland. …