Similar Search Results

Housing and the Macroeconomy: The Role of Bailout Guarantees for Government Sponsored Enterprises

Jeske, Karsten; Krueger, Dirk; Mitman, Kurt - C.E.P.R. Discussion Papers - 2011

heterogeneous, infinitely lived households and competitive housing and mortgage markets. Households have the option to default on … equilibrium mortgage origination and increases aggregate welfare, but has little effect on foreclosure rates and housing …

Persistent link: https://www.econbiz.de/10009351520

The Effect of Housing on Portfolio Choice: A Reappraisal Using French Data

Fougère, Denis; Poulhes, Mathilde - C.E.P.R. Discussion Papers - 2012

Chetty and Szeidl (2012) propose to estimate the effect of housing on portfolio choice by distinguishing between the …

Persistent link: https://www.econbiz.de/10011083391

The Price and Quantity of Residential Land in the United States

Davis, Morris; Heathcote, Jonathan - C.E.P.R. Discussion Papers - 2005

A house is a bundle comprising a physical structure and the plot of land upon which the house is built. Thus changes in house prices reflect changes in the cost of structures and value of land. In this paper we apply this insight to construct the first constant-quality price and quantity indexes...

Persistent link: https://www.econbiz.de/10005123787

Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence

Acemoglu, Daron - C.E.P.R. Discussion Papers - 1996

This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the United States over the past two decades. In my model firms decide the composition of jobs and then match with skilled and unskilled workers. The demand for skills is endogenous and an...

Persistent link: https://www.econbiz.de/10005789067

Search and Matching in Macroeconomics

Yashiv, Eran - C.E.P.R. Discussion Papers - 2006

This paper surveys the use of search and matching models in macroeconomics. It outlines the standard model, discusses …

Persistent link: https://www.econbiz.de/10005792066

Gender and Racial Biases: Evidence from Child Adoption

Baccara, Mariagiovanna; Collard-Wexler, Allan; Felli, … - C.E.P.R. Discussion Papers - 2010

This paper uses a new data set on domestic child adoption to document the preferences of potential adoptive parents over born and unborn babies relinquished for adoption by their birth mothers. We show that adoptive parents exhibit significant biases in favor of girls and against...

Persistent link: https://www.econbiz.de/10008468711

Jobs and Unemployment in Macroeconomic Theory: A Turbulence Laboratory

Ljungqvist, Lars; Sargent, Thomas J - C.E.P.R. Discussion Papers - 2005

who suffer involuntary layoffs. Matching and search-island models have labour market frictions and incomplete markets. The …

Persistent link: https://www.econbiz.de/10005123618

Efficient Unemployment Insurance Time Path

Blumkin, Tomer; Hadar, Yossi; Yashiv, Eran - C.E.P.R. Discussion Papers - 2003

The Paper examines the time sequencing of UI benefits in a general equilibrium framework, with random matching and … endogenously determined wages. A key feature of the model is that policymakers exploit random matching to produce some assortative … matching through UI policy. The Paper considers a mechanism whereby a declining UI time profile makes unemployed workers …

Persistent link: https://www.econbiz.de/10005123852

Evaluating the Performance of the Search and Matching Model

Yashiv, Eran - C.E.P.R. Discussion Papers - 2005

Does the search and matching model fit aggregate US labour market data? While the model has become an important tool of …

Persistent link: https://www.econbiz.de/10005124215

New Developments in Models of Search in the Labour Market

Mortensen, Dale T; Pissarides, Christopher - C.E.P.R. Discussion Papers - 1999

This paper surveys recent work in equilibrium models of labor markets characterized by search and recruitment frictions …

Persistent link: https://www.econbiz.de/10005497772

1
2
3
4
5
6
7
8
9
10
Next
Last