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Labor Supply Shocks, Native Wages, and the Adjustment of Local Employment
Dustmann, Christian; Schönberg, Uta; Stuhler, Jan - 2016
Persistent link: https://www.econbiz.de/10014532804
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Syrian Refugees and the Migration Dynamics of Jordanians: Moving in or Moving out?
Jackline, Wahba; Elmallakh, Nelly - 2021
Persistent link: https://www.econbiz.de/10014532812
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Internal Mobility after the Expansion of the Welfare State: Evidence from Spain
Amuedo-Dorantes, Catalina; Borra, Cristina - 2018
The Spanish welfare state was practically inexistent in the 1980s. It expanded throughout the 1990s and became fully in place by the 2000s. At the same time, internal migration rates dropped to less than 0.3 percent -among the lowest in the world. In a country with large labor market imbalances,...
Persistent link: https://www.econbiz.de/10014532899
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Risk Attitudes and Household Migration Decisions
Dustmann, Christian; Fasani, Francesco; Meng, Xin; … - 2015
This paper analyses the relation between individual migrations and the risk attitudes of other household members when migration is a household decision. We develop a simple model that implies that which members migrate depends on the distribution of risk attitudes among all household members,...
Persistent link: https://www.econbiz.de/10014533096
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Immigration and Housing Booms: Evidence from Spain
Gonzalez, Libertad; Ortega, Francesc - 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/10014532878
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Immigration and Housing Booms: Evidence from Spain
Gonzalez, Libertad; Ortega, Francesc - Centre for Research and Analysis of Migration (CReAM), … - 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/10009317962
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Repairing a Mortgage Crisis : Holc Lending and its Impact on Local Housing Markets
Courtemanche, Charles - 2010
increased 1940 median home values and homeownership rates, but not new home building …
Persistent link: https://www.econbiz.de/10013139741
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The Effect of Housing on Portfolio Choice
Chetty, Raj - 2015
Economic theory predicts that home ownership should have a negative effect on risk-taking in financial portfolios. However, empirical work has not found a strong relationship between housing and portfolios. We identify two reasons for the divergence between the theory and data. First, it is...
Persistent link: https://www.econbiz.de/10013038822
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Dynamics of Housing Debt in the Recent Boom and Great Recession
Adelino, Manuel - 2017
This paper documents a number of key facts about the evolution of mortgage debt, homeownership, debt burden and … over the boom period. While homeownership rates increased for the middle and upper income households, there was no increase … in homeownership for the lowest income groups. Finally, default rates post-crisis went up predominantly in areas with …
Persistent link: https://www.econbiz.de/10012954467
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Arbitrage in Housing Markets
Glaeser, Edward L. - 2015
Urban economists understand housing prices with a spatial equilibrium approach that assumes people must be indifferent across locations. Since the spatial no arbitrage condition is inherently imprecise, other economists have turned to different no arbitrage conditions, such as the prediction...
Persistent link: https://www.econbiz.de/10012750289