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Housing Constraints and Spatial Misallocation
Hsieh, Chang-Tai - 2015
because high productivity cities like New York and the San Francisco Bay Area have adopted stringent restrictions to new … housing supply, effectively limiting the number of workers who have access to such high productivity. Using a spatial …
Persistent link: https://www.econbiz.de/10012238027
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Housing constraints and spatial misallocation
Hsieh, Chang-tai; Moretti, Enrico - In: American economic journal : a journal of the American … 11 (2019) 2, pp. 1-39
Persistent link: https://www.econbiz.de/10012002562
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Housing constraints and spatial misallocation
Hsieh, Chang-tai; Moretti, Enrico - 2018
Persistent link: https://www.econbiz.de/10011916345
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Housing booms, reallocation and productivity
Dörr, Sebastian - 2020
Persistent link: https://www.econbiz.de/10012387016
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Spatial Misallocation of Complementary Infrastructure Investment
Pérez-Sebastián, Fidel; Serrano Quintero, Rafael; … - 2023
How does the misallocation of complementary public capital affect the spatial organization of economic activity To answer this question, this paper endogenizes the government's decision to invest in the transport and electricity networks. A novel multi-sector quantitative spatial equilibrium...
Persistent link: https://www.econbiz.de/10014579686
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Migration frictions, earnings differentials and spatial misallocation : evidence from Thailand
Shenoy, Ashish - In: Journal of Southeast Asian economies 40 (2023) 2, pp. 234-270
Persistent link: https://www.econbiz.de/10014391691
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Welfare benefits of agglomeration and worker heterogeneity
Teulings, Coen N.; Ossokina, Ioulia V.; Groot, Henri L. … - 2014
Persistent link: https://www.econbiz.de/10010440208
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Revisiting metropolitan house price-income relationships
Oikarinen, Elias; Bourassa, Steven C.; Hoesli, Martin; … - 2021
house prices and income varies significantly across locations, underscoring the importance of using estimation techniques …
Persistent link: https://www.econbiz.de/10012502170
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Collateral, reallocation, and aggregate productivity : evidence from the U.S. housing boom
Dörr, Sebastian - 2018
This paper shows that rising real estate prices reduce industry productivity, because they lead to a reallocation of … labor towards inefficient firms. This has significant negative consequences for aggregate industry productivity. I find that … industries with stronger growth in real estate value see a significant reduction in total factor productivity growth. A 10 …
Persistent link: https://www.econbiz.de/10012220104
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Firm sorting and agglomeration
Gaubert, Cecile - 2018
Persistent link: https://www.econbiz.de/10011845678