Narrow search
Showing 1 - 10 of 1,549
Cover Image
Social Networks and Interactions in Cities
Helsley, Robert W. - 2011
We examine how interaction choices depend on the interplay of social and physical distance, and show that agents who are more central in the social network, or are located closer to the geographic center of interaction, choose higher levels of interactions in equilibrium. As a result, the level...
Persistent link: https://www.econbiz.de/10013129915
Cover Image
Marriage Market Signals and Homeownership for the Never Married
Mundra, Kusum - 2018
hypothesis that homeownership probabilities can be affected by marriage market expectations and pessimistic marriage market … that up to a certain threshold, the probability of homeownership decreases when the marriage market prospect indicator …
Persistent link: https://www.econbiz.de/10012908894
Cover Image
Locational Choice and Spatial Wage Inequality
Schran, Felix - 2019
During the last few decades, aggregate wage growth has been very unevenly distributed across space in Germany. While wages in Southern German local labor markets rose by up to 28 log points, they increased only modestly or even declined in the north. Similar results apply to employment changes....
Persistent link: https://www.econbiz.de/10012861292
Cover Image
Location-Specific Human Capital, Location Choice and Amenity Demand
Krupka, Douglas J. - 2021
The role of amenities in the flow of migrants has been debated for some years. This paper advances an original model of amenities that work through household production instead of directly through the utility function. Area characteristics (amenities) affect household production, causing certain...
Persistent link: https://www.econbiz.de/10013316857
Cover Image
The Effects of Flood Insurance on Housing Markets
Indaco, Agustín - 2018
We analyze the role of food insurance on the housing markets of coastal cities. To do so we have assembled a parcel-level dataset including the universe of residential sales for three coastal urban areas in the United States – Miami-Dade county (2008-2015), New York city (2003-2016), and...
Persistent link: https://www.econbiz.de/10012910751
Cover Image
Industry Churning and the Evolution of Cities : Evidence for Germany
Findeisen, Sebastian; Suedekum, Jens - 2021
In this paper we show that the recent model by Duranton (AER, 2007) performs remarkably well in replicating the city size distribution of West Germany, much better than the simple rank-size rule known as Zipf's law. The main mechanism of this theoretical framework is the "churning" of industries...
Persistent link: https://www.econbiz.de/10013316686
Cover Image
Neighborhood Diversity and the Appreciation of Native- and Immigrant-Owned Homes
Cobb-Clark, Deborah A. - 2011
This paper examines the effect of neighborhood diversity on the nativity gap in home-value appreciation in Australia. Specifically, immigrant homeowners experienced a 41.7 percent increase in median home values between 2001 and 2006, while the median value of housing owned by the native-born...
Persistent link: https://www.econbiz.de/10013134291
Cover Image
Trust and the Choice between Housing and Financial Assets : Evidence from Spanish Households
El-Attar, Mayssun - 2010
Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets. We extend the analysis of the effect of trust on portfolio choice to include the dominant component of households' portfolios, real estate. In a simple model, we show how the...
Persistent link: https://www.econbiz.de/10013136779
Cover Image
Housing Mobility and Downsizing at Older Ages in Britain and the United States
Banks, James W. - 2010
This paper investigates the effects of housing price risk on housing choices over the life-cycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...
Persistent link: https://www.econbiz.de/10013138268
Cover Image
Homeownership, Social Capital and Parental Voice in Schooling
Grimes, Arthur - 2011
homeownership experience high parental voting turnout in elections. We also investigate whether homeownership influences the … associations between homeownership and state-ownership rates and outcome variables. Our findings show no discernible effect of … homeownership on parental voting turnout in school elections after controls are added (contrary to the simple positive association …
Persistent link: https://www.econbiz.de/10013117618