| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6562 |
| DP6562 Sequential Contracting with Multiple Principals | |
| Alessandro Pavan; Giacomo Calzolari | |
| 发表日期 | 2007-11-09 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | Over the last decade house prices increased remarkably in many countries. However, while in several countries there was an employment boom in the construction sector, in others the share of employment in this sector did not significantly change. In this paper we estimate a model of labour demand in the construction sector, featuring building constraints, which explains many of the international differences in the response of sectoral reallocation of employment to house prices. Countries with more building possibilities (Spain, Sweden and the US) have a high sectoral reallocation of employment, and display larger elasticities of labour demand in the construction sector with respect to house prices than countries that seem to have fewer building possibilities (Belgium, the Netherlands, and the UK). Nevertheless, our estimates imply that, for the whole economy, the elasticity of labour demand with respect to house prices is broadly similar across countries. |
| 主题 | Labour Economics |
| 关键词 | House prices Labour demand Sectoral reallocation of labour |
| URL | https://cepr.org/publications/dp6562 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535401 |
| 推荐引用方式 GB/T 7714 | Alessandro Pavan,Giacomo Calzolari. DP6562 Sequential Contracting with Multiple Principals. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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