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Differences in opportunities? Wage, unemployment and House-price effects on migration

Rabe, Birgitta; Taylor, Mark - 2010

Most empirical studies of individual migration choice analyse factors associated with out-migration from an origin location. In contrast, we model the migration decision within the context of potential destinations, combining British panel data over the period 1992-2007 with other data sources....

Persistent link: https://www.econbiz.de/10010288925

Immigration and housing booms: evidence from Spain

González Luna, Libertad; Ortega, Francesc - 2009

We estimate empirically the effect of immigration on house prices and residential construction activity in Spain over the period 1998-2008. This decade is characterized by both a spectacular housing market boom and a stunning immigration wave. We exploit the variation in immigration across...

Persistent link: https://www.econbiz.de/10010269418

Immigration and housing rents in American cities

Saiz, Albert - 2006

Is there a local economic impact of immigration? Immigration pushes up rents and housing values in US destination cities. The positive association of rent growth and immigrant inflows is pervasive in time series for all metropolitan areas. I use instrumental variables based on a shift-share of...

Persistent link: https://www.econbiz.de/10010267724

Spatial sorting: Why New York, Los Angeles and Detroit Attract the greatest minds as well as the unskilled

Eeckhout, Jan; Pinheiro, Roberto; Schmidheiny, Kurt - 2010

We propose a theory of skill mobility across cities. It predicts the well documented city size-wage premium: the wage distribution in large cities first-order stochastically dominates that in small cities. Yet, because this premium is reflected in higher house prices, this does not necessarily...

Persistent link: https://www.econbiz.de/10010274949

The Effect of the Theo van Gogh Murder on House Prices in Amsterdam

Gautier, Pieter A.; Siegmann, Arjen; van Vuuren, Aico - 2007

This paper estimates the impact of the murder of film maker Theo vanGogh on November 2, 2004, on listed house prices in Amsterdam with aunique dataset. We use an hedonic-market approach to show that gen-eral attitudes towards Muslim minorities were negatively affected by themurder. Specifically,...

Persistent link: https://www.econbiz.de/10010325456

The housing stock, housing prices, and user costs: The roles of location, structure and unobserved quality

Halket, Jonathan; Nesheim, Lars; Oswald, Florian - 2020

Which housing characteristics are important for understanding homeownership rates? How are housing characteristics … theories of homeownership? Using the English Housing Survey, we estimate a selection model of the allocation of properties to … correlations between rent-to-price ratios and homeownership rates. These patterns are consistent with, among others, hypotheses of …

Persistent link: https://www.econbiz.de/10012621082

Do regional house prices converge? Evidence from a major developing economy

Ganioğlu, Aytül; Seven, Ünal - In: Central Bank Review (CBR) 21 (2021) 1, pp. 17-24

This paper analyzes the long-run convergence of regional house prices in a major developing country, Turkey. Using a non-linear time-varying factor model and quarterly hedonic house price data from 2010 to 2018, we find that house prices do not converge across 26 regions of Turkey. Results...

Persistent link: https://www.econbiz.de/10014547836

New flight regimes and exposure to aircraft noise: Identifying housing price effects using a ratio-of-ratios approach

Boes, Stefan; Nüesch, Stephan - 2009

In October 2003, a new flight regime was introduced at Zurich airport that significantly changed the levels of noise pollution in surrounding communities. We investigate the impact of the new flight policy on apartment prices using a hedonic price model and a non-linear difference-in-differences...

Persistent link: https://www.econbiz.de/10010315487

Economic Impacts of Cultural Diversity in the Netherlands: Productivity, Utility, and Sorting

Bakens, Jessie; Mulder, Peter; Nijkamp, Peter - 2012

This paper identifies the role of cultural diversity in explaining spatial disparities in wages and housing prices across Dutch cities, using unique individual panel data of home owners. We distinguish between the effects of interactions-based productivity, consumption amenities and sorting of...

Persistent link: https://www.econbiz.de/10010326320

Does the housing market react to new information on school quality?

Fiva, Jon H.; Kirkebøen, Lars J. - 2008

This paper analyzes housing market reactions to the release of previously unpublished information on school quality. Using the sharp discontinuity in the information environment allows us to study price changes within school catchment areas, thus controlling for neighborhood unobservables. We...

Persistent link: https://www.econbiz.de/10010264360