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Löffler, Max; Siegloch, Sebastian - 2021

We analyze the welfare implications of property taxation. Using a sufficient statistics approach, we show that the tax incidence depends on how housing prices, labor and other types of incomes as well as public services respond to property tax changes. Empirically, we exploit the German...

Persistent link: https://www.econbiz.de/10012486956

Some evidence on the nature of urbanization economies

Krupka, Douglas J. - 2009

Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities...

Persistent link: https://www.econbiz.de/10003919879

Unaffordable housing and local employment growth : evidence from California municipalities

Chakrabarti, Ritashree; Zhang, Junfu - 2014

It is widely believed that unaffordable housing could drive businesses away and thus impede job growth. However, there is little evidence to support this view. This paper presents a simple model to clarify how housing affordability is linked to employment growth and why unaffordable housing...

Persistent link: https://www.econbiz.de/10010345540

Comparative advantage and agglomeration of economic activity

Pflüger, Michael; Tabuchi, Takatoshi - 2016

The division of labor between and within countries is driven by two fundamental forces, comparative advantage and increasing returns. We set up a simple Ricardian model with a Marshallian input sharing mechanism to study their interplay. The key insight that emerges is that the interaction...

Persistent link: https://www.econbiz.de/10011543995

Optimal spatial taxation : are big cities too small?

Eeckhout, Jan; Guner, Nezih - 2015

We analyze the role of optimal income taxation across different local labor markets. Should labor in large cities be taxed differently than in small cities? We find that a planner who needs to raise revenue and is constrained by free mobility of labor across cities does not choose equal taxes...

Persistent link: https://www.econbiz.de/10010470412

The pure effect of social preferences on regional location choices : the evolving dynamics of convergence to a steady state population distribution

Stark, Oded; Budziński, Wiktor; Kosiorowski, Grzegorz - 2019

, holding their incomes constant. Conditions are provided under which the associated dynamics reaches a spatial steady state …, the number of periods it takes to reach a steady state is specified, and light is shed on the robustness of the steady … state outcome. By way of simulation it is shown that for large populations, a steady state of the relocation dynamics is …

Persistent link: https://www.econbiz.de/10012005655

Short-term rental bans and housing prices : quasi-experimental evidence from Lisbon

Gonçalves, Duarte; Peralta, Susana; Santos, João … - 2022

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

Complements or substitutes? : task specialization by gender and nativity in Spain

Amuedo Dorantes, Catalina; Rica, Sara de la - 2009

Learning about the impact of immigration on the labor market outcomes of natives is a topic of major concern for immigrant-receiving countries. There exists an extensive literature evaluating the impact of immigration on the employment and wages of natives in the U.S. Yet, despite the...

Persistent link: https://www.econbiz.de/10003879381

Tipping and residential segregation : a unified schelling model

Zhang, Junfu - 2009

This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of the time. A concept of tipping is rigorously defined,...

Persistent link: https://www.econbiz.de/10003898061

Labor-market exposure as a determinant of attitudes toward immigration

Ortega, Francesc; Polavieja, Javier G. - 2009

This paper re-examines the role of labor-market competition as a determinant of attitudes toward immigration. We claim two main contributions. First, we use more sophisticated measures of the degree of exposure to competition from immigrants than previously done. Specifically, we focus on the...

Persistent link: https://www.econbiz.de/10003906225

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