Showing 1 - 10 of 57
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
of rents, measured by the value added price relative to the GDP price, is assumed to depend solely on direct anti …-competitive regulations on services and goods. The second step explains the rent sharing process. Three destinations of rents are … and employment protection regulations. These results confirm the existence of three destinations for rents. They also show …
Persistent link: https://www.econbiz.de/10010541268
on the power of labor to extract rents and on the status quo level of firing costs. In particular, we show that when … of relatively large rents. Moreover, we demonstrate that when the status quo level of firing costs is relatively high … rigid high-rents economies, because “good times” cut down the support for flexibility among the least productive employed …
Persistent link: https://www.econbiz.de/10005763652
rents. Those rents can involve higher wages, monetary and non-monetary fringe benefits (e.g. pensions and staffing), and …/or bribes. We propose a direct measure to capture the total of these rents: the difference in reported subjective wellbeing … extent of rents in the public bureaucracy. The extent of rents is determined by differences in institutional constraints and …
Persistent link: https://www.econbiz.de/10005700927
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. …
Persistent link: https://www.econbiz.de/10005566771
examines differences in quality of life estimates for U.S. metropolitan areas using, alternatively, rents and housing values …
Persistent link: https://www.econbiz.de/10010695854
reflects labour market wage rents. Perhaps surprisingly, wage rents are typical of the British public sector and permanent … contracts, but not of their French counterparts. In France, such rents are found in full-time, rather than part-time jobs. Hence …-outsider model lines, whereby wage rents are captured by the insiders of the public sector to the detriment of the private sector …
Persistent link: https://www.econbiz.de/10005762123
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
This paper attempts to estimate the impact of population ageing on house prices. There is considerable debate about whether population ageing puts downwards or upwards pressure on house prices. The empirical approach differs from earlier studies of this relationship, which are mainly regression...
Persistent link: https://www.econbiz.de/10010555238
Over the last decade house prices increased remarkably in many countries. However, while in several countries there was an employment boom in the construction sector, in others the share of employment in this sector did not significantly change. In this paper we estimate a model of labor demand...
Persistent link: https://www.econbiz.de/10005822115