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costs and thereby regional mobility and unemployment. The paper analyzes the impact of symmetric and asymmetric shocks on … mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown … higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving …
Persistent link: https://www.econbiz.de/10013321225
costs and thereby regional mobility and unemployment. The paper analyzes the impact of symmetric and asymmetric shocks on … mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown … higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving …
Persistent link: https://www.econbiz.de/10001537163
Persistent link: https://www.econbiz.de/10002738399
costs and thereby regional mobility and unemployment. The paper analyzes the impact of symmetric and asymmetric shocks on … mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown … higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving …
Persistent link: https://www.econbiz.de/10010262416
Persistent link: https://www.econbiz.de/10010191235
Unemployment may depend on equilibrium in other markets than the labor markets. This paper adresses this old idea by … effect of financial frictions on equilibrium unemployment is amplified by goods market frictions and vice versa. -- search … ; matching ; unemployment ; goods market imperfections …
Persistent link: https://www.econbiz.de/10009308020
duration. -- unemployment ; house prices ; mobility …A recent decline in geographic mobility in the United States may have been caused in part by falling house prices …, through the "lock in" effects of financial constraints faced by households whose housing debt exceeds the market value of …
Persistent link: https://www.econbiz.de/10009665520
In this paper we analyze the unintended effects on mobility of a national place-based policy (SIPTEA) that provides … greater unemployment protection in two lagging regions of southern Spain (namely, Extremadura and Andalucía). Using a border … growth, the probability of staying and in-migration in rural areas that are experiencing high unemployment and significant …
Persistent link: https://www.econbiz.de/10013074332
Persistent link: https://www.econbiz.de/10010188291
commuting costs the effect of housing frictions plays a large role and can generate a substantial decline in mobility. We show … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …
Persistent link: https://www.econbiz.de/10003845963