This paper determines how mortgage rate and income shocks affect new and resale housing prices, housing starts, and housing sales in Canadas metropolitan areas. We assess the variance decompositions and impulse response results to mortgage rate and income shocks. An additional set of VARs is...

Entry for the Concise Encyclopedia of Economics on Housing covering housing markets and zoning regulations.

In light of the recent and growing literature which has extended the use of search and matching models even to the housing market, this paper introduces dynamic analysis to a simple stationary state equilibrium model. Contrary to what occurs in the labour market, the dynamic adjustment to...

We estimate the willingness to pay (WTP) of individuals to have increased spatial access to hospitals using a spatial hedonic price model. Employing a dataset of over 90,000 detailed housing observations, we find that WTP of individuals to live one mile closer to a hospital is positive if the...

The employability of graduates remains a concern, most particularly at times like the present where the unemployment rate tends to rise, and that higher education graduates are facing greater difficulties in accessing the labour market in Europe. Notably, women are characterized by higher...

Exact diagnostics of inflation reasons is the necessary condition of correct stabilization policy oriented to social progress. The dominant type of inflation in Ukraine is cost-push inflation. The purpose of the article is to analyse inflation in Ukraine as a process of income redistribution...

The author outlines that gender segregation in employment are relatively new for Bulgaria, and there are not many studies on the problem. The analysis on sectoral and occupational structure indicates that gender segregation exists and deepens over the years. The occupational segregation over the...

The study discusses myths of entrepreneurship by looking at the overlapping areas of entrepreneurship, self-employment and professions. The study argues that professions are part of the category of self-employment. Additionally, the study presents empirical findings drawn from a unique empirical...

This paper describes the organization system of childcare services in Bulgaria from the point of vies of it’s availability, quality of services, affordability. The author draw out conclusions that the reforms of the childcare system is still in its’ initial stage as far as types of services...

This book focuses on the critical role of employment and creation of decent work in facilitating peace in Iraq. It argues that reducing the high degree of unemployment could contribute to peace and stability in the lives of people, communities and the country. Iraq’s difficult transition...