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Quality of life in a dynamic spatial model

Ahlfeldt, Gabriel M.; Bald, Fabian; Roth, Duncan; … - 2020

We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...

Persistent link: https://www.econbiz.de/10012388100

Investment incentives of rent controls and gentrification : evidence from German micro data

Baye, Vera; Dinger, Valeriya - 2023

We empirically document that the effectiveness of the German rent control introduced in 2015 in achieving rental … housing affordability is limited. Exploring the reasons for this limited effectiveness we focus on the impact of the rent … control on the yield on rental housing investments proxied by rent-price ratios which we derive by matching micro-level quotes …

Persistent link: https://www.econbiz.de/10013502439

Explaining Regional Variation in Equilibrium Real Estate Prices and Income

Bischoff, Oliver - 2012

We combine the real estate model of Potepan (1996) with the spatial equilibrium approach of Roback (1982) to prove the interdependency of housing prices, rental prices, building land prices and income via one simultaneous equilibrium analysis. Using unique crosssectional data on the majority of...

Persistent link: https://www.econbiz.de/10013108995

Explaining regional variation in equilibrium real estate prices and income

Bischoff, Oliver - 2010

long term. -- Regional Housing Markets ; Spatial Equilibrium Analysis ; Simultaneous Equation ; Germany …

Persistent link: https://www.econbiz.de/10003973760

Let tiebout pick up the tab : pricing out externalities with free mobility

Watanabe, Hiroki - 2016

wage and rent, however high or low they are in equilibrium, if they cannot relocate. In reality, they are mobile and they … can effectively influence the equilibrium wage and rent to reflect the externalities by threatening to walk away if the …

Persistent link: https://www.econbiz.de/10011866892

The capitalization of non-market attributes into regional housing rents and wages: evidence on German functional labor market areas

Hiller, Norbert; Lerbs, Oliver - In: Review of Regional Research 35 (2015) 1, pp. 49-72

Deutschland. Dafür wird die Rolle regionaler (quasi-)öffentlicher Güter („Amenities“) im Preisbildungsprozess regionaler …

Persistent link: https://www.econbiz.de/10011151336

Explaining regional unemployment differences in Germany : a spatial panel data analysis

Lottmann, Franziska - 2012

the data. Our study covers the whole of Germany as well as East andWest Germany separately. We exploit district-level data … ; Germany …

Persistent link: https://www.econbiz.de/10009511323

What old stagers could teach us : examining age complementarities in regional innovation systems

Arntz, Melanie; Gregory, Terry - 2014

Germany using a flexible knowledge production function and accounting for potential endogeneity of the regional workforce …

Persistent link: https://www.econbiz.de/10010384982

A vicious cycle of regional unemployment and crime? : evidence from German counties

Umbach, Tim - 2020

Much research has been done showing that unemployment can cause crime, and that crime adversely impacts economic activity. However, very few authors have considered a simultaneous relationship. Using an IV-setup and regional panel-data, I find evidence for the possibility of a vicious cycle,...

Persistent link: https://www.econbiz.de/10012422493

The Puzzling Fixity of Multiple Job Holding Across Regions and Labor Markets

Hirsch, Barry T. - 2016

Multiple job holding rates differ substantially across U.S. regions, states, and metropolitan areas. Rates decrease markedly with respect to labor market size. These patterns have been largely overlooked, despite being relatively fixed over (at least) the 1998-2014 period. This paper explores...

Persistent link: https://www.econbiz.de/10013000814