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Do drivers reduce speeds when gasoline prices are high? Previous research investigating this energy conservation hypothesis produced mixed results. We take a fresh look at the data and estimate a significant negative relationship between speeding and gasoline prices. This presents a new...
Persistent link: https://www.econbiz.de/10009580536
Persistent link: https://www.econbiz.de/10001912452
For more than 80 years, many macroeconomic analyses have been premised on the assumption that workers' nominal wage rates cannot be cut. The U.S. evidence on this assumption has been inconclusive because of distortions from reporting error in household surveys. Following a British literature, we...
Persistent link: https://www.econbiz.de/10011977627
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/10009753007
economic crisis. Spain is also a country which is characterised by a very high percentage of homeownership, with more than 83 …% of households being owner-occupiers. Both regional levels of unemployment and homeownership are known to be important … (2001 and 2011) to study the effect of homeownership and regional unemployment levels on both short and long distance …
Persistent link: https://www.econbiz.de/10011543200
In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate … following an (exogenous) increase in homeownership rates. We show that (1) Oswald's hypothesis does not always hold as it … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …
Persistent link: https://www.econbiz.de/10010423759
paper we focus on homeownership among a subset of singles, the never married. In particular we investigate potential … differences in the relationship between several homeownership determinants for singles in comparison to the married. In addition …, we test for heterogeneity across race and skill level in the gender gap in homeownership and the probability of …
Persistent link: https://www.econbiz.de/10011476322
We investigate the difference in homeownership rates between natives and first-generation immigrants in France, and how … this difference evolves over the 1975-1999 period, by using a large longitudinal dataset. We find that the homeownership … gap is large and has increased. Entries into the territory have a large negative effect on the evolution of homeownership …
Persistent link: https://www.econbiz.de/10011388131
This paper investigates post-2000 trends in homeownership rates in the US by immigrant status, race, and ethnicity …. Homeownership rates for most groups examined rose during the housing boom of the early and mid-2000s but fell during and after the … housing bust. By 2015 homeownership rates had fallen below year 2000 levels for most groups but not all. In particular, some …
Persistent link: https://www.econbiz.de/10011672863
homeownership and declining unemployment are linked and that the causality runs from high homeownership leading to high unemployment … and mortgaged homeownership. Generally, the evidence that a declining homeownership rate contributes to a lower …
Persistent link: https://www.econbiz.de/10012022713