Labour supply and the cost of house price booms and busts
研究了房价波动如何通过购房成本差异影响家庭收入，并发现男性通过增加劳动供给应对高房价，而女性劳动供给与房价的相关性源于选择效应。
Fluctuations in house prices generate substantial heterogeneity in the price of purchase of similar dwellings depending on the time of purchase. These differences in the price of purchase have large effects on income-net-of-housing-costs. We document these effects using the large house price fluctuations during the recent housing boom-bust in Spain. Households can mitigate these impacts through changing labour supply. Men work more subsequent to paying higher house prices at purchase , whereas the correlation of house prices and labour supply for women is driven by selection: households where women work more, buy more expensive houses.