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models for spatial autocorrelation, this paper focuses attention on the spatial structure of regional unemployment …Unemployment rates appear to vary widely at a subregional (e.g., local or provincial) level. Using spatial econometric … of unemployment in the 103 provinces of Italy for the years 1998 and 2003. The results suggest that there is a clear …
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as employment, requires an understanding of spatial (or spatio-temporal) autocorrelation effects associated with a … deal with the analysis of and accounting for spatial autocorrelation by means of spatial filtering t! echniques for data … pertaining to regional unemployment in Germany. The available data set comprises information about the share of unemployed …
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I show that individuals whose unemployment risk tends to increase more when local home prices fall optimally invest … increase in the covariance between individually estimated unemployment risks and local home prices implies an average increase …
Persistent link: https://www.econbiz.de/10010203021
In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate … unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less … following an (exogenous) increase in homeownership rates. We show that (1) Oswald's hypothesis does not always hold as it …
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homeownership and declining unemployment are linked and that the causality runs from high homeownership leading to high unemployment …. The unemployment rate declined steadily as well, except for upward shifts due to the late 1990s Asian Financial Crisis and … and mortgaged homeownership. Generally, the evidence that a declining homeownership rate contributes to a lower …
Persistent link: https://www.econbiz.de/10012022713
literature. Our analysis is cast within a dynamic setting and the endogeneity of each outcome is assessed through the estimation …The paper investigates the links between homeownership, employment and earnings for which no consensus exists in the … longer employment and unemployment spells, they must contend with lower earnings than tenants upon reemployment. They also …
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