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The Role of Affordable Mortgages in Improving Living Standards and Stimulating Growth; A Survey of Selected Mena Countries

Nothaft, Frank E.; Erbas, S. Nuri - International Monetary Fund (IMF) - 2002

This paper argues that making affordable home mortgage loans available to a large cross section of the population will serve both the redistributive and growth-enhancing objectives of poverty reduction policies. The current state of housing and mortgage markets in selected Middle East and North...

Persistent link: https://www.econbiz.de/10005825998

Hong Kong SAR; Meeting the Challenges of Integration with the Mainland

Lee, William; Chan-Lau, Jorge A.; Iakova, Dora M.; Papa … - International Monetary Fund (IMF) - 2004

This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...

Persistent link: https://www.econbiz.de/10005590857

The impact of immigration on the local labor market outcomes of blue collar workers: panel data evidence

Ortega, Javier; Verdugo, Gregory - London School of Economics (LSE) - 2015

Using a large administrative French panel data set for 1976-2007, we examine how low- educated immigration affects the …-educated immigrants. We first show that larger immigration inflows into locations are accompanied by larger outflows of negatively … substantial evidence that immigration lowers the median annual wages of natives. The estimated negative effects are also much …

Persistent link: https://www.econbiz.de/10011185658