linked to employment growth and why unaffordable housing could negatively affect employment growth. The paper then … unaffordable housing and employment growth cannot be interpreted as causal. Several empirical strategies are employed to identify … the causal effect of unaffordable housing on employment growth. The estimation results provide consistent evidence that …

This paper estimates the long-run effects on a county’s prime-age employment rate of labor demand shocks to both the … county and its overlying commuting zone (CZ). These effects are allowed to vary with local “distress” (baseline employment … rate of the county or CZ), and with the size of the demand shock. In more distressed CZs, a county’s employment rate is …