Showing 1 - 10 of 19
The provision of flood insurance is a patchwork, with countries showing varying degrees of penetration, coverage types …, demand levels, and design structures. This article explores the current understanding of flood insurance with a specific … focus on the ability of flood insurance to contribute to direct risk reduction. The starting point is a consideration of the …
Persistent link: https://www.econbiz.de/10011126071
. This article reviews the affordability of cancer care in these countries with particular reference to the United Kingdom (U …
Persistent link: https://www.econbiz.de/10011126090
We present a modified open monocentric city model that assumes that land is available for conversion into new housing … throughout the city. The model predicts that positive local income shocks (i) increase the city’s share of multi-family housing … Housing Survey from 1984 to 2004 and find support for both predictions. We confirm that the adjustment process is driven by …
Persistent link: https://www.econbiz.de/10011277213
We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints benefit the former group (via increasing property prices) but hurt the latter (via increasing development costs). More desirable...
Persistent link: https://www.econbiz.de/10010744861
developed plots and reduce the amount of new housing developments. In general equilibrium, locations with nicer amenities are …
Persistent link: https://www.econbiz.de/10010744876
i) This discussion paper, originally published September 2012, is a completely revised version from April 2014. We model the impact of local supply constraints on local house prices in a setting in which households with idiosyncratic tastes sort endogenously over heterogeneous locations. We test...
Persistent link: https://www.econbiz.de/10011126061
Equilibrium of the housing market depends on a complex set of interactions between: (1) individual location decisions …; (2) individual housing investment; (3) collective decisions on urban growth. We embed these three elements in a model of … shocks a¤ecting labor productivity. We characterize the feedback between the households’ desire to invest in housing as a …
Persistent link: https://www.econbiz.de/10011071149
This paper studies a dynamic model of crises with timing frictions that combines the main aspects of Morris and Shin (1998) and Frankel and Pauzner (2000). The usual arguments for existence and uniqueness of equilibrium cannot be applied. It is shown that the model has a unique equilibrium...
Persistent link: https://www.econbiz.de/10010928606
. The behavior we observe is consistent with a natural generalization of existing theories of industry dynamics that …
Persistent link: https://www.econbiz.de/10010745219
Considerable cross-sectional evidence has highlighted the lower employment rates and earnings amongst disabled people in Britain. But very little is known about the progression of disabled people in employment. This study uses data from the Labour Force Survey (LFS) to examine the labour market...
Persistent link: https://www.econbiz.de/10011126083