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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
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 Œ under the assumption that they had a different path other than northern European countries. We had the personal...
Persistent link: https://www.econbiz.de/10005076780
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
De afgelopen jaren bereikten de aandelenkoersen met grote regelmaat nieuwe recordhoogten en zijn de Nederlandse huizenprijzen flink gestegen. De hausse op de aandelen- en huizenmarkt hangt voor een belangrijk deel samen met het gunstige economische klimaat en de relatief lage rente in combinatie...
Persistent link: https://www.econbiz.de/10005561751
In a former study (Carvalho 1995) we modeled the housing market in Portugal in a classic cross section framework and did find that housing construction was dependant from income, population and sensitive to location. Nevertheless we couldn<92>t find the extent of this sensitivity in such a...</92>
Persistent link: https://www.econbiz.de/10005119161
The question that needs to be asked with regards to the impact of tourism on Jamaica is do we in Jamaica know the real …
Persistent link: https://www.econbiz.de/10005062431
In April 2005, the research paper into Assistance to Tourism: Exploratory Estimates, was released. It is the first … comprehensive attempt to quantify the extent of assistance to tourism on a comparable basis to that for other industries in … Australia. While care is needed in interpreting the results, the estimates suggest that tourism receives a lower rate of …
Persistent link: https://www.econbiz.de/10005556150
city launching a tourism program.<BR> …
Persistent link: https://www.econbiz.de/10005556966
From 1974 through 1997 the Galapagos experienced very rapid population growth, around six per cent per year. Sustained at this level, the population would continue to double every 12 years. Increased population brings an increased risk of invasive introduced species, which endangers the fragile...
Persistent link: https://www.econbiz.de/10005118902
On 28 August 1998 the Treasurer referred the impact of competition policy reforms on rural an regional Australia for inquiry and report within 12 months of receiving the reference. The Commission is to assess the impact (both transitional and ongoing) of the competition policy and related...
Persistent link: https://www.econbiz.de/10005118925