L’inégalité des revenus s’est considérablement accrue depuis les années 1980, la part des revenus du 1 % le plus riche augmentant de 27 % entre 1980 et 2005. Alors que cet écart croissant entre les riches et les pauvres est inquiétant, les membres affiliés du RCCMTC Abigail Payne...

Income inequality has risen significantly since the 1980s, with the share of income among the top 1% increasing by 27% between 1980 and 2005. While the widening gap between the rich and poor is concerning, CLSRN affiliates Abigail Payne (McMaster University) and Justin Smith (Wilfrid Laurier...

Do households react to changes in the distribution of income in their localities by changing their charitable giving? The theoretical prediction of the effects of income inequality on giving is unclear. We study how changes in income inequality measured at the neighbourhood and municipality...

Profitability at a period of time is defined as the value of outputs produced by a production unit divided by the corresponding cost. Using some earlier work by O’Donnell, the paper provides a decomposition of profitability growth over two periods into various explanatory factors. The...

The paper studies the problems associated with the construction of price indexes for commercial properties that could be used in the System of National Accounts. Property price indexes are required for the stocks of commercial properties in the Balance Sheets of the country and related price...

Fluctuations in housing prices have substantial economic impacts. Thus, it is essential to develop housing price indexes that can adequately capture housing market trends. However, construction of such indexes is very difficult due to the fact that residential properties are heterogeneous and do...

This paper develops a new framework for measuring prices and quantities of commercial properties. In particular, it addresses problems associated with obtaining separate estimates for the land and structure components of a property. A key contribution is to address the problem of estimating...

The paper uses hedonic regression techniques in order to decompose the price of a house into land and structure components using real estate sales data for Tokyo. In order to get sensible results, a nonlinear regression model using data that covered multiple time periods was used. Collinearity...

The paper studies the problems associated with the construction of price indexes for commercial properties that could be used in the System of National Accounts. Property price indexes are required for the stocks of commercial properties in the Balance Sheets of the country. Related service...