Showing 1 - 10 of 90
revenue finances the provision of a public good, marginal migration reduces social welfare in the source country and raises it … migration has an ambiguous impact on social welfare in either country. When tariff revenue in either country is either equally … effect on social welfare in the host country, and is expected to reduce social welfare in the source. …
Persistent link: https://www.econbiz.de/10005766076
This paper examines the welfare implications of preferential trade agreements (PTAs) from the perspective of small … tariffs in these two cases considering three different equilibria: Free Trade (FT), Free Trade Area (FTA), and Customs Union …
Persistent link: https://www.econbiz.de/10005181627
This paper surveys recent research on decentralization and natural disasters. The first part discusses results from theoretical models that have been used to study the issues that arise when natural disasters occur in a country with more than one level of government. The next section discusses...
Persistent link: https://www.econbiz.de/10013083868
This paper exploits the homogeneity feature of the Singapore private residential condominium market and constructs matched home purchase price and rental price series using the repeated sales method. These matched series allow us to conduct time series analysis to examine the long-term present...
Persistent link: https://www.econbiz.de/10013011805
This paper offers a new theoretical approach to urban squatting, reflecting the view that squatters and formal residents compete for land within a city. The key implication of this view is that squatters quot;squeezequot; the formal market, raising the price paid by formal residents. The...
Persistent link: https://www.econbiz.de/10012753580
The objective of this paper is to show how the same market failures that contribute to urban sprawl also contribute to urban blight. The paper develops a simple dynamic model in which new suburban and older central-city properties compete for mobile residents. The level of housing services...
Persistent link: https://www.econbiz.de/10013316314
In this paper, we tackle the issue of locating a public facility which provides a public good in a closed and populated territory. This facility generates differentiated benefits to neighborhoods depending on their distance from it. In the case of a Nimby facility, the smaller is the distance,...
Persistent link: https://www.econbiz.de/10013316565
This paper presents and investigates a new data set of individual residential property transactions in England. The main novelty of the data is the record of all listing price changes and all offers made on a property, as well as all the visits by potential buyers for a subset of the properties....
Persistent link: https://www.econbiz.de/10005765891
This paper identifies a new factor, the age of the housing stock, that affects where high- and low-income neighborhoods are located in U.S. cities. High-income households, driven by a high demand for housing services, will tend to locate in areas of the city where the housing stock is relatively...
Persistent link: https://www.econbiz.de/10005766169
In this paper, we tackle the issue of locating a public facility which provides a public good in a closed and populated territory. This facility generates differentiated benefits to neighborhoods depending on their distance from it. In the case of a Nimby facility, the smaller is the distance,...
Persistent link: https://www.econbiz.de/10005094359