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Immigration and Housing Booms: Evidence from Spain
Gonzalez, Libertad; Ortega, Francesc - Institute for the Study of Labor (IZA) - 2009
We estimate empirically the effect of immigration on house prices and residential construction activity in Spain over the period 1998-2008. This decade is characterized by both a spectacular housing market boom and a stunning immigration wave. We exploit the variation in immigration across...
Persistent link: https://www.econbiz.de/10005029646
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House Lock and Structural Unemployment
Valletta, Robert G. - Institute for the Study of Labor (IZA) - 2012
their home. I analyze the relationship between such "house lock" and the elevated levels and persistence of unemployment … unemployment duration between homeowners and renters across geographic areas differentiated by the severity of the decline in home … method that enables the estimation of individual and aggregate covariate effects on completed unemployment durations in …
Persistent link: https://www.econbiz.de/10011096071
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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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The Effect of the Theo van Gogh Murder on House Prices in Amsterdam
Gautier, Pieter A.; Siegmann, Arjen; Vuuren, Aico Van - Institute for the Study of Labor (IZA) - 2007
This paper estimates the impact of the murder of film maker Theo van Gogh on November 2, 2004, on listed house prices in Amsterdam with a unique dataset. We use an hedonic-market approach to show that general attitudes towards Muslim minorities were negatively affected by the murder....
Persistent link: https://www.econbiz.de/10005762096
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Googlemetrie und Arbeitsmarkt in der Wirtschaftskrise
Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2009
Die große Wirtschaftskrise hat bisher nur verhaltene Spuren am Arbeitsmarkt hinterlassen. Angesichts der unsicheren … erwarten viele Beobachter zum Herbst einen dramatischen Anstieg der Arbeitslosigkeit mit einer baldigen Überschreitung der Vier … den Sommermonaten August und September aller Voraussicht nach völlig ruhig. Saisonal bedingt geht die Arbeitslosigkeit …
Persistent link: https://www.econbiz.de/10008615418
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Prognosen aus dem Internet: Weitere Erholung am Arbeitsmarkt erwartet
Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2009
Frühjahr 2009 die Arbeitsmarktlage. Das Papier erläutert die Technik der Prognose der Arbeitslosigkeit unter Nutzung der …
Persistent link: https://www.econbiz.de/10008615424
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Google Econometrics and Unemployment Forecasting
Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2009
. It demonstrates strong correlations between keyword searches and unemployment rates using monthly German data and …
Persistent link: https://www.econbiz.de/10005004554
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On Amenities, Natural Advantage and Agglomeration
Krupka, Douglas J. - Institute for the Study of Labor (IZA) - 2008
A prominent feature of economic geography in America is the positive correlation amongst local incomes, housing costs and city population. This paper embeds a “black box” agglomeration economy within a more neoclassical general equilibrium model of local wages, rents and population to assess...
Persistent link: https://www.econbiz.de/10005822201
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Detecting Mortgage Delinquencies
Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2011
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is often obstructed by insufficient lagged data. This paper evaluates search intensity for "hardship letter" from Google Insights to detect ensuing mortgage delinquencies. Such...
Persistent link: https://www.econbiz.de/10009225764
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The Costs of Agglomeration: Land Prices in French Cities
Combes, Pierre-Philippe; Duranton, Gilles; Gobillon, Laurent - Institute for the Study of Labor (IZA) - 2012
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...
Persistent link: https://www.econbiz.de/10010766379