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This paper examines whether effects of labor demand shocks on housing prices vary across time and space. Using data on 321 US metropolitan statistical areas, we estimate the medium- and long-run effects of increases in metropolitan statistical area-level employment and total labor income on...
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Unskilled labor is the abundant resource in many developing countries, especially at an early stage of their development. Yet, even as at given technologies labor markets have not cleared, neo-classical economists have rejected the notion of an institutional or bargaining wage not based on...
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We develop a model where the unemployed workers in the city can find a job either directly or through weak or strong ties. We show that, in denser areas, individuals choose to interact with more people and meet more random encounters (weak ties) than in sparsely populated areas. We also...
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"Bremen als wachsende Stadt" - das ist sowohl eine Zustandsbeschreibung als auch ein politisches Ziel der aktuellen … eigenes Forschungsprojekt aufgesetzt. Für die Stadt Bremen sollten differenzierte Analysen zur Wachstums- und … gewinnt, das Wachstum der Stadt jedoch im Vergleich mit anderen Großstädten eher unterdurchschnittlich ausfällt. Aus den …
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