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Homeownerhip and entrepreneurship

Bracke, Philippe; Hilber, Christian; Silva, Olmo - London School of Economics (LSE) - 2012

after entering homeownership. The negative link can be rationalized by portfolio considerations: leveraged housing …

Persistent link: https://www.econbiz.de/10011126138

House prices and rents: micro evidence from a matched dataset in Central London

Bracke, Philippe - London School of Economics (LSE) - 2013

Using the proprietary dataset of a real estate agency, I analyse tens of thousands of housing sale and rental …

Persistent link: https://www.econbiz.de/10010744927

Immigration and the access to social housing in the UK

Battiston, Diego; Dickens, Richard; Manning, Alan; … - London School of Economics (LSE) - 2014

This paper investigates the impact of immigration on the probability of being in social housing in the UK. In recent … years immigrant households are slightly more likely than natives to be in social housing but once one controls for relevant … household characteristics immigrants are significantly less likely to be in social housing than natives. However, there has been …

Persistent link: https://www.econbiz.de/10011126582

Investment timing under incomplete information

Décamps, Jean-Paul; Mariotti, Thomas; Villeneuve, Stephane - London School of Economics (LSE) - 2003

We study the decision of when to invest in an indivisible project whose value is perfectly observable but driven by a parameter that is unknown to the decision maker ex ante. This problem is equivalent to an optimal stopping problem for a bivariate Markov process. Using filtering and martingale...

Persistent link: https://www.econbiz.de/10010745422

Efficiency and equilibrium when preferences are time-inconsistent

Luttmer, Erzo G. J.; Mariotti, Thomas - London School of Economics (LSE) - 2003

We consider an exchange economy with time-inconsistent consumers whose preferences are additively separable. When these consumers trade in a sequence of markets, their time-inconsistency may introduce a non-convexity that gives them an incentive to trade lotteries. If there are many consumers,...

Persistent link: https://www.econbiz.de/10010884660