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Housing and Labor Market Connections: the Portuguese Case
Carvalho, Pedro Guedes - EconWPA - 2002
In a former research group 1 where I worked (1996 to 1999), the core of the study was to compare the four southern European housing systems - Portugal, Spain, Italy and Greece Πunder the assumption that they had a different path other than northern European countries. We had the personal...
Persistent link: https://www.econbiz.de/10005076780
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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
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A Dynamic Analysis of Mortgage Arrears in the UK Housing Market
Figueira, Catarina; Glen, John; Nellis, Joseph - EconWPA - 2005
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 factors which have driven the reduction in mortgage arrears and, in doing so … model is estimated in order to examine long-run and short-run dynamics in mortgage arrears. In line with previous research …
Persistent link: https://www.econbiz.de/10005062515
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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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Manufactured Housing Appreciation: Stereotypes and Data
Jewell, Kevin - EconWPA - 2003
Consumers Union assessed the financial appreciation of manufactured- housing units, by examining the relative appreciation rates of manufactured housing and site-built housing, as well as the factors affecting the appreciation rate of manufactured housing. Our analysis includes an extensive...
Persistent link: https://www.econbiz.de/10005407869
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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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The Poverty Concentration Implications of Housing Subsidies: A Cellular Automata Thought Experiment
Jewell, Kevin - EconWPA - 2005
Looking at data from HUD’s low income housing tax credit database from 1987 to 2001, we examine how the US tax credit program has concentrated poverty in neighborhoods by offering advantages to developing low income housing projects in low income census tracts. We then use a simple Cellular...
Persistent link: https://www.econbiz.de/10005119003
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Changing boundaries and structure of a technological system: lessons from UK retail banking
Consoli, Davide - EconWPA - 2005
This article investigates the factors that have induced and shaped the process of industry evolution of banking in the United Kingdom and, in particular, the reorganization of the retail payments system. It will look at how the effects of technical progress within a changing regulatory framework...
Persistent link: https://www.econbiz.de/10005076877
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Plastic Clashes: Competition among Closed and Open Systems in the Credit Card Industry.
Manenti, Fabio M.; Somma, Ernesto - EconWPA - 2002
This paper analyses market competition between two different types of credit card platforms: not-for-profit associations and proprietary systems. The main focus is on the role of the interchange fee set by not-for-profit platforms. We show that when the interchange fee is set so as to maximise...
Persistent link: https://www.econbiz.de/10005076892