We explore how house prices evolve under technological progress, when housing serves for consumption as well as store …

of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers … Langzeitarbeitslosigkeit und der Wachstumsrate des technischen Fortschritts wird in einem Wachstums-Matching-Modell mit heterogenen …

This paper empirically tests the role of search frictions in driving qualification mismatches in the labor market … are more pervasive than in more developed economies. Moreover, frictions related to search costs are a crucial determinant …

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …

Competing theories have been offered to explain differences in skill mix across cities. Two of these predict housing … housing demand theories taken together imply the college ratio of Hispanic workers in a city could correlate negatively with … location pattern to differences in housing demand. Overall, results support theoretical predictions that geographic variation …

incomes across skill groups. The root cause of these diverging preferences is income inelastic housing demand, which we show … workers, their housing expenditure shares fall and they become more willing to cluster together in expensive, skill …