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  1. A spatiotemporal equilibrium model of migration and housing interlinkages
    Autor*in: Cun, Wukuang; Pesaran, M. Hashem
    Erschienen: October 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper develops and solves a spatiotemporal equilibrium model in which regional wages and house prices are determined jointly with location-to-location migration flows. The agent’s optimal location choice and the resultant migration process are... mehr

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    This paper develops and solves a spatiotemporal equilibrium model in which regional wages and house prices are determined jointly with location-to-location migration flows. The agent’s optimal location choice and the resultant migration process are shown to be Markovian, with the transition probabilities across all location pairs given as non-linear functions of wage and housing cost differentials, endogenously responding to migration flows. The model can be used for the analysis of spatial distribution of population, income, and house prices, as well as for the analysis of the entire dynamic process of shock spill-over effects in regional economies through location-to-location migration. The model is estimated on a panel of 48 mainland U.S. states and the District of Columbia over the training sample (1976-1999) and is shown to fit the data well over the evaluation sample (2000-2014). The estimated model is then used to analyse the size and speed of spatial spill-over effects by computing spatiotemporal impulse responses of positive productivity and land-supply shocks to California, Texas, and Florida. The sensitivity of the results to migration elasticity, housing depreciation rate and local land supply conditions is also investigated.

     
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    Weitere Identifier:
    hdl: 10419/248888
    Schriftenreihe: CESifo working paper ; no. 9343 (2021)
    Schlagworte: location choice; joint determination of migration and house prices; spatiotemporal impulse responses; land-use deregulation; counterfactual exercise; population allocation; productivity and land supply shocks; California; Texas and Florida
    Umfang: 1 Online-Ressource (circa 98 Seiten), Illustrationen
  2. Modelling urban development in New Zealand
    Autor*in: Donovan, Stuart; Grimes, Arthur L.; Maré, David C.
    Erschienen: July 2020
    Verlag:  Motu Economic and Public Policy Research, Wellington

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    Schriftenreihe: Motu working paper ; 20, 07
    Schlagworte: urban development; location choice; dynamics; wages; rents; New Zealand
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  3. The role of non-pecuniary considerations
    location decisions of college graduates from low income backgrounds
    Autor*in: Gong, Yifan; Stinebrickner, Todd R.; Stinebrickner, Ralph; Yao, Yuxi
    Erschienen: 2022
    Verlag:  Centre for Human Capital and Productivity (CHCP), Department of Economics, Social Science Centre, Western University, London, Ontario, Canada

    We examine the initial post-college geographic location decisions of students from hometowns in the Appalachian region that often lack substantial high-skilled job opportunities, focusing on the role of non-pecuniary considerations. Novel survey... mehr

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    We examine the initial post-college geographic location decisions of students from hometowns in the Appalachian region that often lack substantial high-skilled job opportunities, focusing on the role of non-pecuniary considerations. Novel survey questions allow us to measure the full non-pecuniary benefits of each relevant geographic location, in dollar equivalents. A new specification test is designed and implemented to provide evidence about the quality of these non-pecuniary measures. Supplementing perceived location choice probabilities and expectations about pecuniary factors with our new non-pecuniary measures allows a new approach for obtaining a comprehensive understanding of the importance of pecuniary and non-pecuniary factors for location decisions. We compare this approach to alternative expectations-based approaches. We also combine the non-pecuniary measures with realized location and earnings outcomes to characterize inequality in overall welfare.

     
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    hdl: 10419/286700
    Schriftenreihe: Working paper / Centre for Human Capital and Productivity (CHCP) ; #2022, 01 (January 2022)
    Schlagworte: non-pecuniary preferences; expectations data; location choice; welfare andincome inequality; Appalachia
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  4. Financial subsidies and the shortage of primary care physicians
    Autor*in: Bíró, Anikó; Imre, Blanka
    Erschienen: 2022
    Verlag:  Institute of Economics, Centre for Economic and Regional Studies, Budapest

    The shortage of primary care physicians is a global healthcare problem, especially in rural areas. In this paper, we analyse the choice of location of primary care physicians and estimate the causal effect of financial incentives on the supply of... mehr

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    The shortage of primary care physicians is a global healthcare problem, especially in rural areas. In this paper, we analyse the choice of location of primary care physicians and estimate the causal effect of financial incentives on the supply of primary care physicians in underserved areas. Our analysis is based on a quasi-experimental setting from Hungary. After 2015, primary care physicians could receive financial subsidy if they filled such a primary care position which has been vacant for at least a year, the amount of the subsidy increasing with the duration of the vacancy. Our results suggest that targeted financial incentives can help fill long-time vacant primary care positions but cannot completely eliminate primary care shortages. We also provide evidence on the role of demographic characteristics and individual preferences in the location choice of primary care physicians.

     
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    hdl: 10419/282203
    Schriftenreihe: KRTK KTI working papers ; KRTK KTI WP - 2022, 10 (May 2022)
    Schlagworte: primary care; physician shortage; financial subsidy; location choice; Hungary
    Umfang: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  5. Migration policy and labor market integration
    Autor*in: Mitterbacher, Kerstin; Fleiß, Jürgen; Palan, Stefan
    Erschienen: 2022
    Verlag:  University of Graz, School of Business, Economics and Social Sciences, [Graz]

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    Schriftenreihe: Working paper / School of Business, Economics and Social Sciences, University of Graz ; 2022, 02 (August 16, 2022)
    Schlagworte: economic migration; labor market integration; location choice; migration policy
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  6. An inexact science
    accounting for measurement error and downward bias in mode and location choice models
    Autor*in: Donovan, Stuart; Graaff, Thomas de; Groot, Henri L. F. de
    Erschienen: [2023]
    Verlag:  Tinbergen Institute, Amsterdam, The Netherlands

    Using commuting data for Brisbane, Australia, we find that accounting for measurement error in travel times causes the magnitude of parameters in mode and location choice models to increase approximately three-fold and 30-40%, respectively. Errors... mehr

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    Using commuting data for Brisbane, Australia, we find that accounting for measurement error in travel times causes the magnitude of parameters in mode and location choice models to increase approximately three-fold and 30-40%, respectively. Errors appear to be somewhat systematic, with travel times being underestimated for short journeys and vice versa for long journeys-especially by public transport. We find similar results when we use alternative transport cost measures and independent commuting data from London. Our findings are likely to have important implications for transport and land use policy as well as the many types of economic models in which travel times-and transport costs, more generally-occupy a central role.

     
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    hdl: 10419/273822
    Schriftenreihe: Array ; TI 2023, 011
    Schlagworte: mode choice; location choice; travel times; measurement error; Australia
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  7. A spatiotemporal equilibrium model of migration and housing interlinkages
    Autor*in: Cun, Wukuang; Pesaran, M. Hashem
    Erschienen: [2022]
    Verlag:  University of Cambridge, Faculty of Economics, Cambridge

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    Schriftenreihe: Cambridge working paper in economics ; 2225
    Schlagworte: location choice; joint determination of migration flows and house prices; spatiotemporal impulse response analysis; land-use deregulation; population allocation; productivity and land supply shocks; California; Texas and Florida
    Umfang: 1 Online-Ressource (circa 95 Seiten), Illustrationen
  8. Housing demand and remote work
    Autor*in: Mondragon, John; Wieland, Johannes
    Erschienen: [2022]
    Verlag:  Federal Reserve Bank of San Francisco, [San Francisco, CA]

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    Schriftenreihe: Working papers series / Federal Reserve Bank of San Francisco ; 2022, 11 (May 2022)
    Schlagworte: housing; house price growth; remote work; location choice; inflation; covid19
    Umfang: 1 Online-Ressource (circa 61 Seiten), Illustrationen
  9. Global cities, connectivity, and the location choice of MNC regional headquarters
    Autor*in: Belderbos, René; Du, Helen S.; Goerzen, Anthony
    Erschienen: [2017]
    Verlag:  KU Leuven, Faculty of Economics and Business, Leuven, Belgi͏̈e

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    Sprache: Englisch
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    Schriftenreihe: MSI ; MSI_17, 07
    Schlagworte: connectivity; geographic distance; global cities; location choice; regional headquarters
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  10. The role of destination spatial spillovers and technological intensity in the location of manufa cturing and services firms
    Autor*in: Artal Tur, Andrés; Navarro-Azorín, José Miguel; Alamá, Luisa
    Erschienen: 2011
    Verlag:  Fundación de las Cajas de Ahorros, Madrid

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    Schriftenreihe: Documento de trabajo / Fundación de las Cajas de Ahorros ; 652
    Schlagworte: spatial spillovers; location choice; technological intensity; spatial conditional logit
    Umfang: Online-Ressource (57 S.), graph. Darst.
  11. Income taxes and the mobility of the rich
    evidence from US and UK households in Switzerland
    Autor*in: Köthenbürger, Marko; Naguib, Costanza; Stettler, Christian; Stimmelmayr, Michael
    Erschienen: April 2023
    Verlag:  CESifo, Munich, Germany

    We provide quasi-experimental evidence on the income tax-induced migration of foreign high-income households living in Switzerland by exploiting the differential tax treatment of UK and US households. While the two groups are similar in terms of... mehr

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    We provide quasi-experimental evidence on the income tax-induced migration of foreign high-income households living in Switzerland by exploiting the differential tax treatment of UK and US households. While the two groups are similar in terms of non-tax sorting preferences, US households are effectively insulated from Swiss income taxation due to the US world-wide income tax system. Comparing the location choices of UK households (our treatment group) with those of US households (our control group) within a one-hour commuting zone of Zurich, we find a migration elasticity with respect to the net-of-tax rate of around eight. This estimate mirrors the possibility of unrestricted migration between small Swiss municipalities with significantly different income tax rates.

     
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    Schriftenreihe: CESifo working papers ; 10376 (2023)
    Schlagworte: high-income households; location choice; income taxes; sorting
    Umfang: 1 Online-Ressource (circa 72 Seiten), Illustrationen
  12. Do technology leaders deter inward R&D investments?
    evidence from regional R&D location decisions in Europe
    Autor*in: Belderbos, René; Somers, Dieter
    Erschienen: 2015
    Verlag:  KU Leuven, Fac. of Economics and Business, Leuven

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    Schriftenreihe: MSI ; 1505
    Schlagworte: Multinational firms; R&D; location choice
    Umfang: Online-Ressource (35 S.)
  13. Bright minds, big rent
    gentrification and the rising returns to skill
    Autor*in: Edlund, Lena; Machado, Cecilia; Sviatschi, Maria
    Erschienen: August, 2016
    Verlag:  US Census Bureau, Center for Economic Studies, Washington, DC

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    Schriftenreihe: Working papers / Center for Economic Studies, U.S. Census Bureau ; 16-36
    Schlagworte: Gentrification; suburbanization; returns to skill; labor supply; location choice
    Umfang: 1 Online-Ressource (circa 67 Seiten), Illustrationen