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Persistent link: https://www.econbiz.de/10011805861
generation of rents (as a distinctly different mechanism from profit maximising business activity), we use a broader notion of … rent than it was customary in the past 50 years. We return to the Ricardian tradition and define the institution of rent as … payments for goods, services or for work in employment that exceed the competitive price. Our rent concept includes - inter …
Persistent link: https://www.econbiz.de/10011538527
Since 1980, US corporate valuations have risen relative to assets and operating margins have grown. The possibility of sustained economic rents has raised concerns about economic dynamism and inequality. But rising profits could come from political rents or, instead, from returns to investments...
Persistent link: https://www.econbiz.de/10012992408
correlated with a 1% increase in rent. Market power is substantial: on average, markups account for nearly a third of rents in …
Persistent link: https://www.econbiz.de/10012421225
Persistent link: https://www.econbiz.de/10012596778
the density bias of price-to-rent ratios in levels and trends, within and between cities. Our method lends itself to the … creation of comparable neighborhood-level qualified rent indices (Mietspiegel) across Germany. …
Persistent link: https://www.econbiz.de/10012597680
The question of rent in economic theory is rather complicated, even at the level of its definition. This article … attempts to get back to basics in order to clear things up and present a complete and correct theory of rent. Starting with the … classical definition of rent, as an income earned by the owner of non-produced inputs, it clarifies first the definitions of the …
Persistent link: https://www.econbiz.de/10014434115
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Most countries show a residency discount in rents for sitting tenants. In the wake of strong rent increases and housing … shortages, Germany implemented a reform in 2001 to curtail rent increases. Based on linked housing-tenant data for Germany, this …
Persistent link: https://www.econbiz.de/10011451004
Rent control balances strong tenant protections with supply-side incentives for landlords. However, cities with rent …
Persistent link: https://www.econbiz.de/10012061484