This paper comes from research conducted for the I.D.E.E. project. Taking data from Italian regions, the dynamics of a multisector economy is studied by the use of the Framework Space, an analytical tool proposed by Boehm and Punzo (1998). Quantitative analysis of the dynamics is carried out by...

This study explores the hypothesis that high home-ownership damages the labor market. We show that rises in the home-ownership rate in a U.S. state are a precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a doubling of the rate of home-ownership in a...