Does Juan Carlos or Nelson Obtain a Larger Price Cut in the Spanish Housing Market?

@article{NicodemoDoesJC,
  title={Does Juan Carlos or Nelson Obtain a Larger Price Cut in the Spanish Housing Market?},
  author={C. Nicodemo and J. Raya},
  journal={Real Estate eJournal}
}
  • C. Nicodemo, J. Raya
  • Economics
  • Real Estate eJournal
  • Using a unique dataset a non-parametric decomposition, we determined whether immigrants with native name, immigrants with foreign name and natives have different outcomes in Spain's housing market. Results suggest there are significant price discounts for immigrants with native names relative to immigrants with non-Spanish names. As a robustness check we prove that this is not due to the country of birth. We observe that most of the difference in price across immigrant groups remains… CONTINUE READING

    References

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    Results hold if we use a Heckit model to account for selection of buyers with zero price cut because the selection variable is not statistically significant in the References
      The house price index in Spain, as computed by the Department of Public Works (DPW), is based on appraisals. There is no house price index based on transaction prices
        Unfortunately, we do not have any information to control for variables such as travel-to-work areas, migration data
          Ñopo's method also allows us to consider the reverse causality generated by immigrants' preference to live close to other immigrants. With parametric methods