Arbeitspapier
Economic Impacts of Cultural Diversity in the Netherlands: Productivity, Utility, and Sorting
This paper identifies the role of cultural diversity in explaining spatial disparities in wages and housing prices across Dutch cities, using unique individual panel data of home owners. We distinguish between the effects of interactions-based productivity, consumption amenities and sorting of heterogeneous home owners while controlling for interactions between the labor and housing market. We find that an increase in the cultural diversity of the population positively impacts equilibrium wages and housing prices, particularly in the largest and most densely populated cities. This result is largely driven by spatial sorting of individuals in both the labor and housing market. After controlling for home owner heterogeneity we find that increasing cultural diversity no longer impacts local labor markets and negatively impacts local housing markets. The latter result is likely to be driven by a negative causal effect of increased cultural diversity on neighb orhood quality that outweighs a positive effect of increased cultural diversity in consumption goods.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 12-024/3
- Klassifikation
-
Wirtschaft
Wage Level and Structure; Wage Differentials
Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
Housing Supply and Markets
- Thema
-
cultural diversity
immigrants
local amenities
sorting
housing prices
productivity
Kulturelle Identität
Migranten
Arbeitsproduktivität
Immobilienpreis
Haushaltseinkommen
Niederlande
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bakens, Jessie
Mulder, Peter
Nijkamp, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bakens, Jessie
- Mulder, Peter
- Nijkamp, Peter
- Tinbergen Institute
Entstanden
- 2012
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