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House Price Efficiency: Expectations, Sales, Symmetry
Grimes, Arthur; Aitken, Andrew; Kerr, Suzi - EconWPA - 2004
An efficient housing market is of critical importance for individual welfare and for a well-functioning economy. We test the efficiency of this market by estimating the factors that determine both the long-run and the dynamic paths of regional house prices. Our tests use a new quarterly regional...
Persistent link: https://www.econbiz.de/10005407861
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A Dynamic Analysis of Mortgage Arrears in the UK Housing Market
Figueira, Catarina; Glen, John; Nellis, Joseph - EconWPA - 2005
The UK economy has enjoyed an unprecedented period of positive economic growth since the early 1990s. The absence of recession for more than a decade has been accompanied by a sustained decline in the level of mortgage arrears, as reported by major lenders. This paper seeks to examine the...
Persistent link: https://www.econbiz.de/10005062515
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Determinants of Economic Growth and the Role of Human Capital in New Growth Models [in Turkish]
Kibritcioglu, Aykut - EconWPA - 2005
This paper briefly summarizes and discusses that type of new growth models which are based on externalities created by investments in human capital. ***** TURKCE OZET: Bu makalede, yeni/içsel buyume modellerinin beseri sermayeye dayali turlerini ozetlemekte ve degerlendirmektedir. [Calisma...
Persistent link: https://www.econbiz.de/10005556042
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Learning-by-Doing and Schooling
Jr, Roberto Ellery - EconWPA - 1999
concentrate education's subsides at the basic school rather than at college education. …
Persistent link: https://www.econbiz.de/10005561552
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The Long Walk to School: International education goals in historical perspective
Clemens, Michael A. - EconWPA - 2004
mountain of empirical evidence now shows, economic conditions and slowly-changing parental education levels determine children …'s school enrollment to a greater degree than education policy interventions. A succession of international meetings has … nevertheless adopted a litany of utopian international goals for universal school enrollment and gender parity in education based …
Persistent link: https://www.econbiz.de/10005407681
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Hidden Teacher Effort in Educational Production: Monitoring vs. Merit Pay
Jaag, Christian - EconWPA - 2005
This paper deals with the optimality of teacher incentive contracts in the presence of costly or limited government resources. It considers educational production under asymmetric information as a function of teacher effort and class size. In the presence of costly government resources and...
Persistent link: https://www.econbiz.de/10005076924
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Protecting Education for the Poor in Times of Crisis: An Evaluation of a Scholarship Program in Indonesia
Sparrow, Robert - EconWPA - 2005
to education for the poor during the economic crisis. Scholarships were targeted pro-poor and the allocation process … households' investments in education and utilisation of child labour. …
Persistent link: https://www.econbiz.de/10005118727
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Bi-Directional Impacts of Economic, Social and Environmental Changes and the New Zealand Housing Market
Grimes, Arthur; Kerr, Suzi; Aitken, Andrew - EconWPA - 2005
This report was prepared for the Centre for Housing Research Aotearoa New Zealand (CHRANZ). The aim of this study is to identify a set of housing research projects addressing two related topics. First, the impact of economic, social and environmental changes on housing in New Zealand's...
Persistent link: https://www.econbiz.de/10005556204
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Regional Variation in Rental Costsfor Larger Households
Grimes, Arthur; Sourell, Robert; Aitken, Andrew - EconWPA - 2005
Housing costs comprise a major part of most household budgets. Larger households require greater space than do smaller households but do not necessarily have larger incomes. The cost of extra housing space (e.g. the cost of an extra bedroom) may vary across different locations, both absolutely...
Persistent link: https://www.econbiz.de/10005556243
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Moving costs, security of tenure and eviction
Anas, Alex; Arnott, Richard - EconWPA - 2004
We contrast equilibrium and welfare analysis in the rental housing market under two property rights regimes – eviction rights and security of tenure – when tenants face moving costs. A tenant’s idiosyncratic benefit from his unit and a landlord’s idiosyncratic profit from conversion are...
Persistent link: https://www.econbiz.de/10005124886