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Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
Persistent link: https://www.econbiz.de/10010231018
The rate of homeownership is close to the OECD average in Luxembourg. However, strong house price increases, mainly …
Persistent link: https://www.econbiz.de/10012259010
questions: i) How is homeownership and housing tenure distributed across the population along various socio … socio-economic groups? What is the impact of mortgage debt on access to homeownership and wealth accumulation, and on debt … residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in …
Persistent link: https://www.econbiz.de/10012202943
This paper delivers new evidence on the individual and policy drivers of residential mobility, covering a wide range of housing-related policies and conditions but also other relevant policy areas. The analysis uses household-level micro datasets allowing for an investigation of the drivers of...
Persistent link: https://www.econbiz.de/10012304431
Job mobility is essential for a well-functioning market economy and for individual workers to boost their wages. This paper provides a re-assessment of job mobility in the United States during 2000-2018, based on a novel administrative data source covering almost all workers and job flows....
Persistent link: https://www.econbiz.de/10012421248
The NZ economy has performed well over the past few years, having achieved relatively strong GDP and employment growth. However, some constraints to sustaining this momentum beyond the short term are emerging in the fields of skills, housing and urban infrastructure. Skills shortages have risen...
Persistent link: https://www.econbiz.de/10011399572
Persistent link: https://www.econbiz.de/10009689044
New Zealand’s housing supply has not kept pace with rising demand, including from net immigration. Affordability has worsened, particularly for low-income renters. Government action is underway to allow new housing through initiatives such as the Urban Growth Agenda, KiwiBuild and the Housing...
Persistent link: https://www.econbiz.de/10012111105
In this paper, we explore the drivers of house prices in Norway, using a cross-country panel framework. Empirical results confirm that house prices are determined by numerous demand and supply factors, including income, demographics, macroeconomic conditions, stock of housing and institutional...
Persistent link: https://www.econbiz.de/10012203289
China has made impressive strides in education in recent decades, even though the accumulation of human capital has lagged behind that of physical capital. Going forward, access to and quality of education will be key to sustain economic convergence with the most advanced economies and to offset...
Persistent link: https://www.econbiz.de/10011399425