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This paper investigates the extent of regional integration (or, conversely, segmentation) in US home values. In … contrast to some previous studies, we examine the degree of integration in the US with a data set which runs into 2012 and thus … markets. Our results indicate that contrary to some previous findings, overall integration in the US was falling, not rising …
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paper aims to understand the spatial discontinuities at the origin of an uneven process of integration and convergence in … conversely divergence, underlying a process of uneven integration. …
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specialization, growth, and convergence in the context of European integration. They offer fresh theoretical and empirical evidence … increased integration. These subjects are addressed in both individual and cross-country analysis using innovative methodologies …. Integration, Growth and Cohesion in an Enlarged European Union will be of particular interest to researchers and policy makers …
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If house prices are convergent at the national level, monetary policy is easier to implement and labor has an easier time achieving mobility across regions. There have accordingly been a number of studies on home price convergence. Some of these previous papers have methodological problems. In...
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