Land Collateral and Labor Market Dynamics in France

Zitieren

Dateien zu dieser Ressource

Prüfsumme: MD5:0983cbb4d7d1dda5cd7db768f2dc5c9e

KAAS, Leo, Patrick A. PINTUS, Simon RAY, 2014. Land Collateral and Labor Market Dynamics in France

@techreport{Kaas2014Colla-30041, series={Working Paper Series / Department of Economics}, title={Land Collateral and Labor Market Dynamics in France}, year={2014}, number={2014-18}, author={Kaas, Leo and Pintus, Patrick A. and Ray, Simon} }

<rdf:RDF xmlns:dcterms="http://purl.org/dc/terms/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:void="http://rdfs.org/ns/void#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/rdf/resource/123456789/30041"> <dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dspace:hasBitstream rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/30041/3/Kaas_0-276048.pdf"/> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <dc:contributor>Pintus, Patrick A.</dc:contributor> <bibo:uri rdf:resource="http://kops.uni-konstanz.de/handle/123456789/30041"/> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2015-02-25T10:16:55Z</dcterms:available> <dcterms:abstract xml:lang="eng">The value of land in the balance sheet of French firms correlates positively with their hiring and investment flows. To explore the relationship between these variables, we develop a macroeconomic model with firms that are subject to both credit and labor market frictions. The value of collateral is driven by the forward-looking dynamics of the land price, which reacts endogenously to fundamental and non-fundamental (sunspot) shocks. We calibrate the model to French data and find that land price shocks give rise to significant amplification and hump-shaped responses of investment, vacancies and unemployment that are in line with the data.</dcterms:abstract> <dcterms:rights rdf:resource="http://nbn-resolving.org/urn:nbn:de:bsz:352-20140905103605204-4002607-1"/> <dcterms:hasPart rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/30041/3/Kaas_0-276048.pdf"/> <dc:creator>Ray, Simon</dc:creator> <dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dc:contributor>Ray, Simon</dc:contributor> <dc:language>eng</dc:language> <dc:contributor>Kaas, Leo</dc:contributor> <dcterms:issued>2014</dcterms:issued> <dcterms:title>Land Collateral and Labor Market Dynamics in France</dcterms:title> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dc:creator>Kaas, Leo</dc:creator> <dc:creator>Pintus, Patrick A.</dc:creator> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2015-02-25T10:16:55Z</dc:date> </rdf:Description> </rdf:RDF>

Dateiabrufe seit 25.02.2015 (Informationen über die Zugriffsstatistik)

Kaas_0-276048.pdf 56

Das Dokument erscheint in:

KOPS Suche


Stöbern

Mein Benutzerkonto