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007 | cr aa aaaaa | ||
008 | 201106b ||||| |||| 00| 0 eng d | ||
100 |
_aOsei, Michael J. _932032 |
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245 | _aLabor Demand Shocks and Housing Prices Across the United States: Does One Size Fit All? | ||
300 | _aVol.33, Issue 3,2019;( 212-219 p.) | ||
520 | _aThis study examines whether effects of labor demand shocks on housing prices vary across time and space. Using data on 321 U.S. metropolitan statistical areas (MSAs), the authors estimate the medium- and long-run effects of increases in MSA-level employment and total labor income on housing prices. Instrumental variable estimates for different time periods, and also for coastal, noncoastal, large, and small metropolitan statistical areas, are obtained using the shift-share instrument. Results suggest that labor demand shocks have positive effects on housing prices; however, these effects appear to vary across time periods and across different types of MSAs. | ||
650 |
_ahousing prices, _931879 |
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650 |
_a labor demand shocks, _931921 |
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650 |
_alabor market, _931921 |
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650 |
_ahousing market _931879 |
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700 |
_aWinters, John V. _932033 |
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773 | 0 |
_010589 _915392 _dSage Publisher _tEconomic development quarterly |
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856 | _uhttps://doi.org/10.1177/0891242419846371 | ||
942 |
_2ddc _cART |