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A household-level decomposition of the white–black homeownership gap
Fesselmeyer, Eric; Le, Kien T.; Seah, Kiat Ying - In: Regional Science and Urban Economics 42 (2012) 1-2, pp. 52-62
This paper uses a semiparametric homeownership model to estimate and to decompose the household-level white …–black homeownership gap into an endowment component and a residual component across the distribution of homeownership rates. We find that … the racial gap differs across homeownership rates and that studies that examine the gap only at the mean may be misleading …
Persistent link: https://www.econbiz.de/10010608495
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Ethnic segregation and heterogeneous preferences of homeowners for housing and neighbourhood characteristics. Evidence from the Netherlands
Ong, Cheng Boon; De Witte, Kristof - United Nations University-Maastricht Economic Research … - 2013
This paper examines ethnically differentiated preferences for neighbourhood ethnic composition among homeowners in the Netherlands. Borrowing from price hedonic theory, it tests a fully nonparametric empirical model of housing choice. We exploit rich neighbourhood-level administrative data...
Persistent link: https://www.econbiz.de/10010856404
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Homebuying in New Orleans Before and After Katrina: Patterns by Space, Race and Income
Immergluck, Dan; Lee, Yun Sang - Volkswirtschaftliche Fakultät, … - 2008
Natural disasters can conceivably have significant impacts on the “neighborhood sorting” of different racial or economic groups across intrametropolitan space. Using Home Mortgage Disclosure Act data we examine mortgage-financed homebuying activity within the New Orleans MSA before and after...
Persistent link: https://www.econbiz.de/10005621467
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How does a change in risk perception affect the housing market ? Evidence from an industrial accident in France
Bléhaut, Marianne - European Regional Science Association - 2014
In 2001, the AZF plant exploded in Toulouse (France). The accident was unexpected, it strongly damaged local housing and benefited from a wide media coverage. It provides a rare opportunity to analyze the consequences of a shift in risk perception on housing markets and neighborhoods subject to...
Persistent link: https://www.econbiz.de/10011075890
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Homeownership and Labour Market Behaviour: Interpreting the Evidence
Rouwendal, Jan; Nijkamp, Peter - Tinbergen Institute - 2007
causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on …, there are clear indications that there is also an effect of homeownership on the search for jobs on the local labour market …
Persistent link: https://www.econbiz.de/10005144526
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Do long distance moves discourage homeownership? evidence from England
Ha, Sejeong; Hilber, Christian A. L. - London School of Economics (LSE) - 2013
We hypothesize that as the distance of a residential move increases, the cost of collecting information on the destination housing market rises, the amount and quality of information collected fall, and the chances of making an ill-informed housing purchase decision increases, reducing the...
Persistent link: https://www.econbiz.de/10011126634
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The puzzle of job search and housing tenure. A reconciliation of theory and empirical evidence
Morescalchi, Andrea - Volkswirtschaftliche Fakultät, … - 2014
Oswald's thesis posits that workers who own their own home should have longer unemployment spells due to restricted mobility, but repeatedly the reverse is found. We contribute to shed light on this puzzle in two key ways. First, we show that the thesis holds when stated in terms of search...
Persistent link: https://www.econbiz.de/10011110804
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Do Long Distance Moves Discourage Homeownership? Evidence from England
Ha, Sejeong; Hilber, Christian A. L. - Spatial Economics Research Centre, LSE - 2013
We hypothesize that as the distance of a residential move increases, the cost of collecting information on the destination housing market rises, the amount and quality of information collected fall, and the chances of making an ill-informed housing purchase decision increases, reducing the...
Persistent link: https://www.econbiz.de/10010696180
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Homeownership and Labour Market Behaviour: Interpreting the Evidence
Rouwendal, Jan; Nijkamp, Peter - Tinbergen Instituut - 2007
causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on …, there are clear indications that there is also an effect of homeownership on the search for jobs on the local labour market …
Persistent link: https://www.econbiz.de/10011257004
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Welfare Effects of Housing Price Appreciation in an Economy with Binding Credit Constraints
Tsharakyan, Ashot - 2008
This research analyzes the effects of recent housing price appreciation on aggregate welfare. It generalizes the results of Bajari et al (2005), who find that in a credit unconstrained economy with exogenous housing prices there is no effect of housing price appreciation on aggregate welfare....
Persistent link: https://www.econbiz.de/10012724766