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Are American Homeowners Locked into Their Houses? The Impact of Housing Market Conditions on State-to-State Migration
Modestino, Alicia - 2012
U.S. policymakers are concerned that negative home equity arising from the severe housing market decline may be constraining geographic mobility and consequently serving as a factor in the nation's persistently high unemployment rate. Indeed, the widespread drop in house prices since 2007 has...
Persistent link: https://www.econbiz.de/10013102538
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Are American Homeowners Locked into Their Houses? The Impact of Housing Market Conditions on State-to-State Migration
Modestino, Alicia - 2015
U.S. policymakers are concerned that negative home equity arising from the housing market crash may be constraining geographic mobility and consequently serving as a factor in the persistently high national unemployment rate. Indeed, the widespread drop in house prices since 2007 has increased...
Persistent link: https://www.econbiz.de/10013036520
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The impact of migration on a regulated rental market
Tyrcha, Adam Alexander - In: Region : the journal of ERSA 7 (2020) 1, pp. 35-48
Throughout the 20th century, the Swedish rental market has generally been heavily regulated, with both a rental queue in place, as well as generally fixed rents, with limited ability to vary these. Though these systems remain in place, in the 21st century, a number of deregulatory measures have...
Persistent link: https://www.econbiz.de/10012203408
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Right to buy... time to move? : investigating the effect of the right to buy on moving behaviour in the UK
Ham, Maarten van; Williamson, Lee; Feijten, Peteke; … - 2010
One of the goals of the Right to Buy (RTB) was to stimulate labour migration by removing the debilitating effect of social housing on geographical mobility. This is the first study to examine rigorously whether the Right to Buy legislation did indeed 'free-up' those in social housing who bought...
Persistent link: https://www.econbiz.de/10008796487
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The Effect of Homeownership on Geographic Mobility and Labor Market Outcomes
Winkler, Hernan - 2011
This paper examines the effect of homeownership on mobility and labor income and provides new evidence that owning a … experiments. The first shows that the home mortgage deduction has a positive effect on homeownership, affects mobility and creates …, homeownership exhibits a large increase, while the mobility and labor income of households experiencing negative labor market shocks …
Persistent link: https://www.econbiz.de/10013132270
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Distant Shocks, Migration, and Housing Supply in India
Dutta, Arnab; Gandhi, Sahil; Green, Richard K. - 2021
It is hard to estimate housing supply elasticities. India is a particularly useful country to study housing supply because it is large and has a variety of housing typologies. We estimate the supply elasticity of non-durable, durable, and vacant residential housing units in urban India. We use...
Persistent link: https://www.econbiz.de/10013234812
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The Economic Determinants of Internal Migration Flows in Russia During Transition
Brown, Annette N. - 2015
I analyze the patterns of migration by testing the influence of traditional economic and amenity factors and of housing market reform on the direction of migration flows. I improve on the few previous studies of Russian migration during transition by analyzing gross flows rather than net flows...
Persistent link: https://www.econbiz.de/10014067671
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Long-term effects of weather-induced migration on urban labor and housing markets
Busso, Matias; Chauvin, Juan Pablo - 2023
This paper explores the effects of weather-induced rural-urban migration on urban labor and housing markets in Brazil. In order to identify causal effects, it uses weather shocks to the rural municipalities of origin of migrants. We show that larger migration shocks led to an increase in...
Persistent link: https://www.econbiz.de/10014474584
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The effect of homeownership on the option value of regional migration
Oswald, Florian - In: Quantitative economics : QE ; journal of the … 10 (2019) 4, pp. 1453-1493
This paper estimates a lifecycle model of consumption, housing choice, and migration in the presence of aggregate and regional shocks, using the Survey of Income and Program Participation (SIPP). The model delivers structural estimates of moving costs by ownership status, age, and family size...
Persistent link: https://www.econbiz.de/10012202852
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The economics of internal migration : advances and policy questions
Jia, Ning; Molloy, Raven S.; Smith, Christopher L.; … - 2022
We review developments in research on within-country migration, focusing on internal migration in the U.S. We begin by describing approaches to modelling individuals' migration decisions and equilibrium outcomes across local areas. Next, we summarize evidence regarding the impact of migration on...
Persistent link: https://www.econbiz.de/10012820758