Showing 1 - 10 of 183
The use of private capital to finance biodiversity conservation and restoration is a new practice in sustainable finance. This study sheds light on this new practice. First, we provide a conceptual framework that lays out how biodiversity can be financed by i) pure private capital and ii)...
Persistent link: https://www.econbiz.de/10014247943
The main argument in favor of markets in environmental contexts is the same as in other contexts: their ability to promote efficient allocations and production. But environmental problems bring their own challenges: their underlying bio-physical processes - and the technologies to monitor them -...
Persistent link: https://www.econbiz.de/10014447308
Persistent link: https://www.econbiz.de/10000692493
among apartment rents in the U.S. between 1974-1981. 29 percent of units had no change in nominal rent from year to year …
Persistent link: https://www.econbiz.de/10012471657
We study how the recent run-up in housing and rental prices affects the outlook for inflation in the United States. Housing held down overall inflation in 2021. Despite record growth in private market-based measures of home prices and rents, government measured residential services inflation was...
Persistent link: https://www.econbiz.de/10012938764
Digital platforms are not only match-making intermediaries but also establish internal rules that govern all users in their ecosystems. To better understand the governing role of platforms, we study two Airbnb pro-guest rules that pertain to guest and host cancellations, using data on Airbnb and...
Persistent link: https://www.econbiz.de/10012585362
This paper uses new household survey data to study expectation formation during the recent housing boom in Germany. The cross section of forecasts depends on only two household characteristics: location and tenure. The average household in a region responds to local conditions but underpredicts...
Persistent link: https://www.econbiz.de/10012585379
This paper argues that rental market interactions allow small firms to increase their effective scale and mechanize production, even when each individual firm would be too small to invest in expensive machines. We conduct a novel survey of manufacturing firms in Uganda, which uncovers an active...
Persistent link: https://www.econbiz.de/10012585412
What explains record U.S. house price growth since late 2019? We show that the shift to remote work explains over one half of the 23.8 percent national house price increase over this period. Using variation in remote work exposure across U.S. metropolitan areas we estimate that an additional...
Persistent link: https://www.econbiz.de/10013210069
rent level that is closer to the city of origin, relative to comparable locals. Building on "Memory, Attention, and Choice … database of experiences such as rents. The current rent cues recall of past rents, giving rise to a rental norm. A large … discrepancy between the current rent and the memory-based norm surprises and attracts the mover's attention, distorting choice …
Persistent link: https://www.econbiz.de/10012479601