Showing 1 - 10 of 19
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/10003887324
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/10009724002
We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations....
Persistent link: https://www.econbiz.de/10012696919
This paper analyzes fiscal competition among numerous spatially- separated jurisdictions in an explicitly dynamic framework. The degree of factor mobility between jurisdictions is imperfect because it is costly and time-consuming to adjust factor stocks. Even if it is harmful in the long run, a...
Persistent link: https://www.econbiz.de/10009781651
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/10011350189
Many important questions in the field of public finance can be viewed as problems involving public policies in open economies. This paper draws together, from that perspective, a wide range of topics in public economics, emphasizing the implications of resource mobility for our understanding of...
Persistent link: https://www.econbiz.de/10012489638
In recent years the land-rent gradient for the city of London has flattened by 17 percentage points. Further, teleworking has increased 24 percentage point for skilled workers, but much less for unskilled workers. To rationalize these stylized facts, we propose a model of the monocentric city...
Persistent link: https://www.econbiz.de/10013380462
trusting and trustworthy behavior in social dilemmas is related to age and aging. A few papers use data from surveys such as … the World Values Survey to address a potential connection between trust and age. In this chapter, we will mainly focus on … age until adolescence. Trustworthiness reaches the level of adults at an earlier age (at around 15-16 years of age) than …
Persistent link: https://www.econbiz.de/10011298524
In 2011, Italy introduced gender quotas for boards of directors of companies listed on its stock market. Comparing before and after the reform within firms, we find that quotas are associated with a higher share of female board directors, higher levels of education of board members, and a lower...
Persistent link: https://www.econbiz.de/10011538972
There is evidence that age matters in politics. In this paper we study whether implementation of affirmative action … policies on gender can generate additional effects on an alternative dimension of representation, namely, the age of … municipalities and use a Difference in differences estimation to analyze the effect of gender quotas on the age of elected …
Persistent link: https://www.econbiz.de/10010404547