Table 5 First-stage regressions.
From: How does immigration affect housing costs in Switzerland?
Dep. var.: | \(\frac{\Delta I_{it}}{Pop_{it-1}}\) | \(\frac{\Delta I_{it}}{Pop_{it-1}} \times {\textbf {1}} (t \ge 2002)\) | \(\frac{\Delta I_{it}}{Pop_{it-1}}\) | ||
|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | |
\(\frac{\Delta \hat{I}_{it}}{Pop_{it-1}}\) | 0.222\(^{***}\) | 0.198\(^{***}\) | 0.000 | 0.172\(^{*}\) | 0.172\(^{*}\) |
[0.001] | [0.001] | [0.983] | [0.095] | [0.094] | |
\(\frac{\Delta \hat{I}_{it}}{Pop_{it-1}} \times {\textbf {1}} (t \ge 2002)\) | 0.043 | 0.241\(^{***}\) | |||
[0.612] | [0.008] | ||||
\(\Delta \, u_{it-1}\) | \(-\)0.020 | \(-\)0.022 | 0.000 | \(-\)0.057 | |
[0.595] | [0.561] | [0.983] | [0.525] | ||
\(\Delta \, \text {ln} \, wage_{it-1}\) | 0.033\(^{*}\) | ||||
[0.087] | |||||
\(\Delta \, \text {ln} \, CP_{it-1}\) | 0.012 | ||||
[0.431] | |||||
\(\Delta \, \text {ln} \, VAC_{it-1}\) | \(-\)0.001\(^{**}\) | ||||
[0.026] | |||||
Year FE | Yes | Yes | Yes | Yes | Yes |
\(Obs\) | 3279 | 3279 | 3279 | 442 | 442 |
\(R^{2}\) | 0.400 | 0.400 | 0.576 | 0.438 | 0.444 |
Years | 85-16 | 85-16 | 85-16 | 98-16 | 98-16 |
Region | MS | MS | MS | Canton | Canton |