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Ethnic Identity and Immigrant Homeownership
Constant, Amelie; Zimmermann, Klaus F.; Roberts, Rowan - Institute for the Study of Labor (IZA) - 2007
tenure choice by explicitly accounting for ethnic identity as a potential influence on the homeownership decision, using a … immigrants with a stronger commitment to the host country are more likely to achieve homeownership for a given set of …
Persistent link: https://www.econbiz.de/10005761833
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Minority and Immigrant Homeownership Experience: Evidence from the 2009 American Housing Survey
Mundra, Kusum - Institute for the Study of Labor (IZA) - 2013
homeownership experience during the recent housing boom and housing bust was not homogenous across all groups in the U.S. The recent … deterioration of underwriting practices and a boom in mortgage lending did not benefit minorities and immigrant homeownership in the … U.S. Blacks experienced significantly lower increase in homeownership than the whites but highest exit from …
Persistent link: https://www.econbiz.de/10010603513
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Homeownership and Entrepreneurship: The Role of Commitment and Mortgage Debt
Bracke, Philippe; Hilber, Christian; Silva, Olmo - Institute for the Study of Labor (IZA) - 2013
We study the link between homeownership and entrepreneurship using a model of occupational choice and housing tenure … amplifying risk aversion, diminish the likelihood that homeowners start a business; (ii) the negative link between homeownership …
Persistent link: https://www.econbiz.de/10010665153
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How Do Stamp Duties Affect the Housing Market?
Davidoff, Ian; Leigh, Andrew - Institute for the Study of Labor (IZA) - 2013
Land transfer taxes are a substantial portion of the cost of moving house in many developed countries. Since stamp duties are endogenous with respect to the house price, we create an instrumental variable that is the stamp duty on a property, given that postcode's starting house price and the...
Persistent link: https://www.econbiz.de/10010884191
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Behind the Great Recession: Job Search and Housing Decisions
Rendon, Silvio; Quella, Núria - Institute for the Study of Labor (IZA) - 2013
how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of … requirements, increase unemployment rates by 6 percent points. We also find that declining labor demand decreases homeownership …
Persistent link: https://www.econbiz.de/10011212745
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Change in the Distribution of House Prices across Spanish Cities
Nicodemo, Catia; Raya, Josep M. - Institute for the Study of Labor (IZA) - 2012
This paper presents the quantile estimation of house price between two years, 2004 and 2007 (a boom house price period) in several Spanish cities. We decompose the change in house price distribution into portions: changes in the distributions of the explanatory variables and changes in...
Persistent link: https://www.econbiz.de/10011279297
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Neighborhood Dynamics and the Housing Price Effects of Spatially Targeted Economic Development Policy
Krupka, Douglas J.; Noonan, Douglas S. - Institute for the Study of Labor (IZA) - 2009
Neighborhoods are the result of a complicated interplay between residential choice, housing supply and the influences of the larger metropolitan system on its constituent parts. We model this interplay as a system of reduced-form equations in order to examine the effects of a generous spatially...
Persistent link: https://www.econbiz.de/10005014663
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Making – or Picking – Winners: Evidence of Internal and External Price Effects in Historic Preservation Policies
Noonan, Douglas S.; Krupka, Douglas J. - Institute for the Study of Labor (IZA) - 2009
Much has been written identifying property price effects of historic preservation policies. Little attention has been paid to the possible policy endogeneity in hedonic price models. This paper outlines a general case of land use regulation in the presence of externalities and then demonstrates...
Persistent link: https://www.econbiz.de/10005014666
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Segregation, Choice Based Letting and Social Housing: How Housing Policy Can Affect the Segregation Process
van Ham, Maarten; Manley, David - Institute for the Study of Labor (IZA) - 2012
In this chapter we investigate the process of ethnic minority segregation in English social housing. Successive governments have expressed a commitment to the contradictory aims of providing greater choice – through the introduction of choice based letting – for households accessing an...
Persistent link: https://www.econbiz.de/10009652102
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Immigration and House Prices in the UK
Sa, Filipa - Institute for the Study of Labor (IZA) - 2011
This article studies the effect of immigration on house prices in the UK. It finds that immigration has a negative effect on house prices and presents evidence that this negative effect is due to the mobility response of the native population. Natives respond to immigration by moving to...
Persistent link: https://www.econbiz.de/10009225766