From: How does immigration affect housing costs in Switzerland?
Baseline | Major region FE | Municipal level | Net migration | |
---|---|---|---|---|
(1) | \((2)^{1}\) | (3) | \((4)^{2}\) | |
OLS regressions | ||||
Dep. var.: \(\Delta \, \text {ln} \, Q^T_{it}\) | ||||
\(\eta _1\) | 0.440*** | 0.405*** | 0.457*** | − 0.091 |
[0.000] | [0.001] | [0.000] | [0.400] | |
Dep. var.: \(\Delta \, \text {ln} \, Q^H_{it}\) | ||||
\(\eta _1\) | − 0.108 | − 0.144 | 0.115*** | − 0.176 |
[0.525] | [0.386] | [0.004] | [0.219] | |
Dep. var.: \(\Delta \, \text {ln} \, Q^A_{it}\) | ||||
\(\eta _1\) | 0.785*** | 0.720*** | 0.744*** | − 0.502** |
[0.001] | [0.001] | [0.000] | [0.025] | |
IV regressions | ||||
Dep. var.: \(\Delta \, \text {ln} \, Q^T_{it}\) | ||||
\(\eta _1\) | − 2.068* | − 4.604 | 0.062 | − 0.628*** |
[0.064] | [0.227] | [0.917] | [0.000] | |
Dep. var.: \(\Delta \, \text {ln} \, Q^H_{it}\) | ||||
\(\eta _1\) | − 1.468 | − 4.145 | − 1.672*** | − 0.446* |
[0.144] | [0.194] | [0.000] | [0.062] | |
Dep. var.: \(\Delta \, \text {ln} \, Q^A_{it}\) | ||||
\(\eta _1\) | − 4.332** | − 9.311 | − 0.715 | − 1.315*** |
[0.044] | [0.219] | [0.411] | [0.000] | |
\(Obs\) | 742 | 742 | 15526 | 742 |
K-P F-stat | 4.48 | 1.57 | 16.49 | 35.95 |