Showing 1 - 3 of 3
areas in France. We confirm that on average, workers in denser areas are more skilled. There is also strong over …
Persistent link: https://www.econbiz.de/10013107199
In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms' borrowing capacities through two channels.An...
Persistent link: https://www.econbiz.de/10012906468
housing across locations. We implement our methodology on newly-built single-family homes in France. We find that the …
Persistent link: https://www.econbiz.de/10012978173