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Ethnic Identity and Immigrant Homeownership

Constant, Amelie; Roberts, Rowan; Zimmermann, Klaus F. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

tenure choice by explicitly accounting for ethnic identity as a potential influence on the homeownership decision, using a … suggests that immigrants with a stronger commitment to the host country are more likely to achieve homeownership for a given …

Persistent link: https://www.econbiz.de/10004963640

Mortgage Market Maturity and Homeownership Inequality among Young Households: A Five-Country Perspective

Bicakova, Alena; Sierminska, Eva - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership … rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and … relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and …

Persistent link: https://www.econbiz.de/10005069036

Financial Transaction Tax Contributes to More Sustainability in Financial Markets

Schäfer, Dorothea - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

We argue that a financial transaction tax complements financial market regulation. With the tax, governments have an additional instrument at hand to influence trading activity. FTT aims to reduce regulatory arbitrage, flash trading, overactive portfolio management, excessive leverage and...

Persistent link: https://www.econbiz.de/10011128845

Is There a Bubble in the Chinese Housing Market?

Dreger, Christian; Zhang, Yanqun - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with pos-sible adverse effects to the real economy. To get insights into the size of the bubble, the house price evolution is...

Persistent link: https://www.econbiz.de/10008756092

Personelle Einkommensverteilung und der Einfluß von Imputed Rent

Frick, Joachim R.; Grabka, Markus M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2000

This article deals with various methods for dealing with income advantages of owner occupied housing (imputed rents). It also explores the effects of such advantages on the distribution of individual income. Following a description of the theoretical aspects of the various methods as well as...

Persistent link: https://www.econbiz.de/10004963867

Die Auswirkungen der Geldmenge und des Kreditvolumens auf die Immobilienpreise: ein ARDL-Ansatz für Deutschland

Belke, Ansgar - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

Die aktuellen Finanzmarktturbulenzen wurden durch Entwicklungen im Immobiliensektor ausgelöst. Vor diesem Hintergrund analysiert dieser Beitrag den Zusammenhang zwischen den Immobilienpreisen und der Geldmengen- und Kreditvolumensentwicklung für den Zeitraum 1992 -2006 (westdeutsche...

Persistent link: https://www.econbiz.de/10008509517

The Personal Distribution of Income and Imputed Rent: A Cross-National Comparison for the UK, West Germany and the USA

Frick, Joachim R.; Grabka, Markus M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2002

This article deals with income advantages derived from owner occupied housing (Imputed Rent, IR) and their impact on the personal income distribution. Following a brief description of different methods with which to calculate IR in household surveys, we conduct a cross-national comparative study...

Persistent link: https://www.econbiz.de/10005068783

The Market Value of Energy Efficiency in Buildings and the Mode of Tenure

Kholodilin, Konstantin A.; Michelsen, Claus - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

Concerns about global warming and growing scarcity of fossile fuels require substantial changes in energy consumption patterns and energy systems, as targeted by many countries around the world. One key element to achieve such transformation is to increase energy efficiency of the housing stock....

Persistent link: https://www.econbiz.de/10011266598

Consumption, Wealth, Stock and Housing Returns: Evidence from Emerging Markets

Caporale, Guglielmo Maria; Souza, Ricardo M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

In this paper, we show, using the consumer's budget constraint, that the residuals of the trend relationship among consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for a panel of 31 emerging economies and find that,...

Persistent link: https://www.econbiz.de/10009322379

Are Stock and Housing Returns Complements or Substitutes?: Evidence from OECD Countries

Caporale, Guglielmo Maria; Souza, Ricardo M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

In this paper we use a representative consumer model to analyse the equilibrium relation between the transitory deviations from the common trend among consumption, aggregate wealth, and labour income, cay, and focus on the implications for both stock returns and housing returns. The evidence...

Persistent link: https://www.econbiz.de/10009322380