Empirical evidence suggests that local jurisdictions are internally more heterogeneous than standard sorting models predict. We develop a dynamic multi-region model, with fluctuating regional house prices, where an owner-occupying household's location choice depends on its current wealth and its...

In this paper we focus on the connection between perception of the competitive pressure situation (unemployment, uncertainty, rising income and wealth inequalities, decreasing mobility) and demand for redistribution. Our context is Hungary, between 2000 and 2002. We identify some basic variables...

Individual net wealth in Germany totaled an average of around 88,000 Euros at the beginning of 2007 which was about 10 percent higher than in 2002. Decisive for this development was an increase in monetary wealth as well as wealth from private insurance. In connection with the overall quite...

Das individuelle Nettovermögen in Deutschland betrug zum Jahresbeginn 2007 im Durchschnitt rund 88 000 Euro und ist damit gegenüber 2002 um rund zehn Prozent gestiegen. Maßgeblich für diese Entwicklung war die Zunahme des Geldvermögens sowie der Vermögen aus privaten Versicherungen. Im...

Individual net wealth in Germany totaled an average of around 88,000 Euros at the beginning of 2007 which was about 10 percent higher than in 2002. Decisive for this development was an increase in monetary wealth as well as wealth from private insurance. In connection with the overall quite...

Das individuelle Nettovermögen in Deutschland betrug zum Jahresbeginn 2007 im Durchschnitt rund 88 000 Euro und ist damit gegenüber 2002 um rund zehn Prozent gestiegen. Maßgeblich für diese Entwicklung war die Zunahme des Geldvermögens sowie der Vermögen aus privaten Versicherungen. Im...

In this paper we focus on the connection between perception of the competitive pressure situation (unemployment, uncertainty, rising income and wealth inequalities, decreasing mobility) and demand for redistribution. Our context is Hungary, between 2000 and 2002. We identify some basic variables...

In this paper we focus on the connection between perception of the competitive pressure situation (unemployment, uncertainty, rising income and wealth inequalities, decreasing mobility) and demand for redistribution. Our context is Hungary, between 2000 and 2002. We identify some basic variables...

The study empirically tests whether regional differences in personal taxes (Personal Income Tax, Wealth Tax, and Inheritance and Gift tax) have had some influence on the decision of the richest Spanish taxpayers to change their residence. The estimates use the Personal Income Tax (IRPF) Panel...

This paper tackles the issue of the optimality of agglomeration in a two-region economy with skilled/mobile and unskilled/immobile workers. The market leads to the optimal outcome when transport costs are high or low. However, for intermediate values, it yields agglomeration whereas dispersion...