Compensation of Regional Unemployment in Housing Markets

被引：4
|
作者：
Vermeulenwz, Wouter [1 ]
van Ommerenz, Jos [1 ]
机构：
[1] Vrije Univ Amsterdam, Amsterdam, Netherlands
来源：
ECONOMICA | 2009年 / 76卷 / 301期
关键词：
WAGE CURVE; MIGRATION; QUALITY; BRITAIN; RENTS; LIFE;
D O I：
10.1111/j.1468-0335.2007.00664.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates, there is no compensation through wages? Using Urban Audit data for 142 cities over 12 EU countries, as well as a Dutch household survey, we estimate relationships between local labour market indicators and the average house price level. The evidence suggests that workers are compensated in housing markets to a significant extent, so that regional differences in unemployment may reflect an equilibrium outcome.
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页码：71 / 88
页数：18
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