Immigration and housing rents : evidence from German reunification /
This work exploits the natural experiment provided by the unexpected disintegration of socialist East Germany to study the impact of the mass immigration of East Germans on housing rents in West German metropolitan areas. Using a spatial correlation approach, annual district-level migration data for...
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Wiesbaden :
Springer Gabler,
2016
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| Series: | BestMasters.
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| Subjects: | |
| Local Note: | ProQuest Ebook Central |
MARC
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| 100 | 1 | |a Kürschner, Kathleen, |e author. | |
| 245 | 1 | 0 | |a Immigration and housing rents : |b evidence from German reunification / |c Kathleen Kürschner. |
| 264 | 1 | |a Wiesbaden : |b Springer Gabler, |c [2016] | |
| 264 | 4 | |c ©2016 | |
| 300 | |a 1 online resource (xvi, 115 pages) : |b illustrations | ||
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| 504 | |a Includes bibliographical references. | ||
| 505 | 0 | |a German East-West Migration -- West German Property Market -- Origin Characteristics and Instrument Construction. | |
| 520 | |a This work exploits the natural experiment provided by the unexpected disintegration of socialist East Germany to study the impact of the mass immigration of East Germans on housing rents in West German metropolitan areas. Using a spatial correlation approach, annual district-level migration data for 1991 and 1992 and unique rental price indicators from Germanyℓ́ℓs major regional property market information system, Kathleen Kürschner finds strong evidence for a positive and sizeable effect of immigration on rental prices of residential housing. Additional explorations that employ an IV approach based on various exogenous origin-region push factors related to the deteriorating economic conditions in East Germany yield estimates of even larger magnitude. These results suggest that immigration has important economic effects outside the labour market, traditionally the prime domain of economic enquiries into the consequences of immigration. The author's findings cast doubt on the appropriateness of this bias in focus. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Emigration and immigration |x Economic aspects. | |
| 650 | 0 | |a Rental housing |x Prices. | |
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