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Italy, the use of such an index at national level may not be enough to have a clear picture of the human capital conditions … high heterogeneity into consideration, we develop a Human Capital Index for Italy disaggregated at provincial level. The …
Persistent link: https://www.econbiz.de/10012228187
Category of Google Trends. I call this ratio the Google US Housing Market BUSE Index or simply the BUSE index. It expresses the … S&P/Case-Shiller Home Price Index. Since the latter is monthly and published as a three-month moving average with a two … seasonal variations of this ratio the BUSE index recaptures traces of prospect theory whose applicability in the housing market …
Persistent link: https://www.econbiz.de/10011348297
This study explores the hypothesis that high home-ownership damages the labor market. We show that rises in the home-ownership rate in a U.S. state are a precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a doubling of the rate of home-ownership in a...
Persistent link: https://www.econbiz.de/10010195450
The housing and labor market crises of the late 2000s left few families and individuals unscathed. In the wake of these events, evidence points to more "doubling-up" of families in the same household. To what extent have these crises affected individuals' decisions to live independently? What...
Persistent link: https://www.econbiz.de/10010419027
Neighborhood decline is a complex and multidimensional process. National and regional variation in economic and political structures (including variety in national welfare state arrangements), combined with differences in neighborhood history, development and population composition, makes it...
Persistent link: https://www.econbiz.de/10010463411
Over the last decade, German housing prices have increased unprecedentedly. Drawing on quality-adjusted housing price data at the district level, we document large and increasing regional disparities: growth rates were higher in 1) the largest seven cities, 2) districts located in the south, and...
Persistent link: https://www.econbiz.de/10013172850
We estimate the causal impact of a 2018 zoning reform that banned new short-term rental registries in some parts of Lisbon. The short-term rental licence expires when the house is sold, hence the ban removes the option value of short-term renting a property. We rely on two administrative data...
Persistent link: https://www.econbiz.de/10013449312
We study the effects of rental price changes on college enrollment rates. We exploit cross-district variation in the size and timing of local rental price booms in Germany during the 2010s. A one standard deviation increase in apartment rents decreased per-capita college enrollment by 1.1...
Persistent link: https://www.econbiz.de/10014461517
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10003793935
The observation of highly regulated, but successful economies has given rise to the hypothesis of various viable models of labor market adaptability. The paper presents a quantitative indicator that tries to avoid a simplified flexibility-rigidity dichotomy and provides a detailed picture of the...
Persistent link: https://www.econbiz.de/10003923585