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Dynamism Diminished : The Role of Housing Markets and Credit Conditions

Davis, Steven J. - 2019

this light, we assess the effects of housing prices and credit supply on young-firm activity. Our panel IV estimation on …

Persistent link: https://www.econbiz.de/10012479422

Estimating Housing Demand with an Application to Explaining Racial Segregation in Cities

Bajari, Patrick - 2003

We present a three-stage estimation procedure to recover willingness to pay for housing attributes. In the first stage …

Persistent link: https://www.econbiz.de/10012468806

Social Networks and Housing Markets

Bailey, Michael - 2016

We document that the recent house price experiences within an individual's social network affect her perceptions of the attractiveness of property investments, and through this channel have large effects on her housing market activity. Our data combine anonymized social network information from...

Persistent link: https://www.econbiz.de/10012456417

Speculative Fever : Investor Contagion in the Housing Bubble

Bayer, Patrick - 2016

Historical anecdotes of new investors being drawn into a booming asset market, only to suffer when the market turns, abound. While the role of investor contagion in asset bubbles has been explored extensively in the theoretical literature, causal empirical evidence on the topic is virtually...

Persistent link: https://www.econbiz.de/10012456609

Market Thickness and the Impact of Unemployment on Housing Market Outcomes

Gan, Li - 2013

, 2000 and 2010. Our structural estimation helps identify the channel through which the thick market effect amplifies the …

Persistent link: https://www.econbiz.de/10012459097

Migration as a Test of the Happiness Set Point Hypothesis : Evidence from Immigration to Canada

Helliwell, John F. - 2016

Strong versions of the set point hypothesis argue that subjective well-being measures reflect each individual's own personality and that deviations from that set point will tend to be short-lived, rendering them poor measures of the quality of life. International migration provides an excellent...

Persistent link: https://www.econbiz.de/10012456078

Cross-Generational Differences in Educational Outcomes in the Second Great Wave of Immigration

Özek, Umut - 2016

We make use of a new data source - matched birth records and longitudinal student records in Florida - to study the degree to which student outcomes differ across successive immigrant generations. Specifically, we investigate whether first, second, and third generation Asian and Hispanic...

Persistent link: https://www.econbiz.de/10012456413

Vanishing Third World Emigrants?

Hatton, Timothy J. - 2009

This paper documents a stylized fact not well appreciated in the literature. The Third World has been undergoing an emigration life cycle since the 1960s, and, except for Africa, emigration rates have been level or even declining since a peak in the late 1980s and the early 1990s. The current...

Persistent link: https://www.econbiz.de/10012463862

Is the New Immigration Really So Bad?

Card, David - 2005

This paper reviews the recent evidence on U.S. immigration, focusing on two key questions: (1) Does immigration reduce … the labor market opportunities of less-skilled natives? (2) Have immigrants who arrived after the 1965 Immigration Reform … from immigration and the rise of other education-related wage gaps. Overall, evidence that immigrants have harmed the …

Persistent link: https://www.econbiz.de/10012467131

Does Immigration Hurt African-American Self-Employment?

Fairlie, Robert W. - 1997

Previous studies tend to find that immigration has a weak negative effect on the employment and earnings of native …-born workers. These studies overlook the effect of immigration on an important sector of the labor force, the self- employed ….S. to examine the relationship between black self-employment and immigration in both 1980 and 1990. To control for permanent …

Persistent link: https://www.econbiz.de/10012472547