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Differences in quality of life estimates using rents and home values
Winters, John V. - 2012
Quality of life differences across areas can be measured by differences in "real wages" where real wages are computed as nominal wages adjusted for the cost of living. Computing cost of living differences involves several important issues, including how housing prices should be measured....
Persistent link: https://www.econbiz.de/10009568788
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Compensation of regional unemployment in housing markets
Vermeulen, Wouter; Ommeren, Jos van - 2005
Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates, there is no compensation in labour markets? We hypothesize that workers in high-unemployment regions are compensated in housing markets. Modelling regional unemployment...
Persistent link: https://www.econbiz.de/10011346469
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Compensation of Regional Unemployment in Housing Markets
Vermeulen, Wouter; van Ommeren, Jos - 2005
Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates, there is no compensation in labour markets? We hypothesize that workers in high-unemployment regions are compensated in housing markets. Modelling regional unemployment...
Persistent link: https://www.econbiz.de/10014061639
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Do co-ethnic commuters disseminate labor market information? : evidence from geocoded register data
Klaesson, Johan; Öner, Özge; Pennerstorfer, Dieter - 2023
This article provides causal evidence of the significant role ethnic networks play in facilitating labor market integration by reducing information frictions. Using full population geocoded employer-employee matched Swedish register data, we investigate how co-ethnic commuters can influence the...
Persistent link: https://www.econbiz.de/10014512413
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Investing in lagging regions is efficient : a local multipliers analysis of U.S. cities
Dijk, Jasper J. van - 2015
This paper illustrates the effect of employment in the tradable sector on employment in the non-tradable sector in the same city with a simple model. The model predicts a significant positive local employment multiplier that increases in size with the unemployment rate. It also predicts that the...
Persistent link: https://www.econbiz.de/10011484444
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Commuting, labor, and housing market effects of mass transportation : welfare and identification
Severen, Christopher - 2018
prices. Using a panel of bilateral commuting flows, I estimate a quantitative spatial general equilibrium model to quantify … the welfare benefits of urban rail transit and distinguish the benefits of reduced commuting frictions from other channels …. The subway causes a 7%-13% increase in commuting between pairs of connected tracts; I select plausible control pairs using …
Persistent link: https://www.econbiz.de/10011891840
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Differences in Quality of Life Estimates Using Rents and Home Values
Winters, John V. - 2012
Quality of life differences across areas can be measured by differences in “real wages”, where real wages are computed as nominal wages adjusted for the cost of living. Computing cost of living differences involves several important issues, including how housing prices should be measured....
Persistent link: https://www.econbiz.de/10013103501
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Regional Unemployment Persistence and Agglomeration Effects
Deschamps, Pierre; Wilemme, Guillaume - 2021
Regional unemployment rates are strongly persistent. Using a search-and-matching model of a local labor market with firm and worker migration, we study how agglomeration effects amplify labor demand shocks. When firms disappear in the model, productivity decreases which discourages incoming...
Persistent link: https://www.econbiz.de/10013322508
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Shocking Germany : a spatial analysis of German regional labor markets
Krebs, Oliver - 2018
This paper quantifies the surprisingly large heterogeneity of real income and employment effects across German counties in response to local productivity shocks. Using a quantitative model with imperfect mobility and sector-specific labor market frictions together with an outstanding data set of...
Persistent link: https://www.econbiz.de/10011936726
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Delayed childbearing and urban revival : a structural approach
Moreno-Maldonaldo, Ana; Santamaria, Clara - 2024
Since 1980, college graduates have increasingly sorted into the downtowns of U.S. cities. This led to urban revival, a process that involves fast growth in income and housing prices downtown. Motivated by the observation that young childless households concentrate downtown, we link urban revival...
Persistent link: https://www.econbiz.de/10014553106