incentives to hold onto vacancies in view of future rent increases. Our results support this idea, which demonstrates the …

address the role of housing markets for quantitative analyses. Germany is an exciting laboratory because commuting across … local labor markets is pervasive, unique data are available, and because Germany’s high degree of trade openness poses a …/housing shares in Germany turns out to be inessential for our findings, the level of the land/housing share plays an important role …

commuting developed in Monte et al. (2018) to address the workings of local labor markets in Germany. One key contribution …

commuting developed in Monte et al. (2018) to address the workings of local labor markets in Germany. One key contribution …

address the role of housing markets for quantitative analyses. Germany is an exciting laboratory because commuting across … local labor markets is pervasive, unique data are available, and because Germany’s high degree of trade openness poses a …/housing shares in Germany turns out to be inessential for our findings, the level of the land/housing share plays an important role …

implications of this policy. Calibrating the model for Germany, we find that it indeed delivers smaller spatial economic …

implications of this policy. Calibrating the model for Germany, we find that it indeed delivers smaller spatial economic …