Showing 1 - 10 of 22
This paper fills some of the gaps regarding housing choice, demand, and quality among China’s rural-to-urban migrants using data from a purpose-designed survey of 800 low-status migrants in Tianjin. Results show that many migrants do not to exercise housing ‘choice’ but, rather, undergo...
Persistent link: https://www.econbiz.de/10010745851
Many prior treatments of agglomeration either explicitly or implicitly suppose that all industries agglomerate for the same reasons, with traditional Marshallian (1890) factors affecting all industries similarly. An important instance of this approach is the extrapolation of the agglomeration...
Persistent link: https://www.econbiz.de/10011125900
We consider the influence that mobile pupils have on the academic achievements of other pupils in English primary schools. We find that immobile pupils in year-groups (à la US “grades”) that experience high pupil entry rates progress less well academically between ages 8 and 11 than pupils...
Persistent link: https://www.econbiz.de/10011071223
, investors who decide whether to rent or buy a house by simply comparing monthly rent and mortgage payments do not take into … account that inflation lowers future real mortgage costs. We decompose the price-rent ratio in a rational component — meant to …
Persistent link: https://www.econbiz.de/10011071404
We explore the impact of central government grants on local house prices in England using a panel data set of local authorities (LAs) from 2001 to 2008. Electoral targeting of grants to LAs by the incumbent national government provides an exogenous source of variation in grants that we exploit...
Persistent link: https://www.econbiz.de/10010745191
Office space in Britain is the most expensive in the world and regulatory constraints are the obvious explanation. We estimate the ‘regulatory tax’ for 14 British office locations from 1961 to 2005. These are orders of magnitude greater than estimates for Manhattan condominiums or office...
Persistent link: https://www.econbiz.de/10010745655
Office space in Britain is the most expensive in the world and regulatory constraints are the obvious explanation. We estimate the ‘regulatory tax’ for 14 British office locations from 1961 to 2005. These are orders of magnitude greater than estimates for Manhattan condominiums or office...
Persistent link: https://www.econbiz.de/10010745742
Many firms encourage employees to own company stock through share plans that subsidizethe price at favorable rates, but even so many employees do not buy shares. Using a newsurvey of employees in a multinational with a share ownership plan, we find considerablevariation in joining among...
Persistent link: https://www.econbiz.de/10010745984
Britain’s land use regulation (planning) system imposes very tight restrictions on the supply of office space so creating substantial rents. An unmeasured part of the costs associated with these restrictions likely comes from compliance costs, one form of which could be rent-seeking activity...
Persistent link: https://www.econbiz.de/10011125889
The paper examines the relative importance for industrial location of production linkages and knowledge spillovers, distinguishing between intermediate and non-intermediate goods that are backwards or forwards in nature. A novel approach is used to construct proxies for non-intermediate goods at...
Persistent link: https://www.econbiz.de/10011125954