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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...
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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...
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create incentives to induce forest fires as a means to circumvent regulation and increase the supply of land available for … residential construction. I estimate the effect of the price of housing on the incidence of forest fires using Spanish data by … region for 1991-2005. The results suggest that higher house prices led to a significant increase in the incidence of forest …
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