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Airbnb and rental markets : evidence from Berlin
Duso, Tomaso; Michelsen, Claus; Schäfer, Maximilian; … - 2021
Airbnb supply has a much larger impact on rents and long-term rental supply for the first reform. This is consistent with more …
Persistent link: https://www.econbiz.de/10012515043
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The biological standard of living in the two Germanies
Komlos, John; Kriwy, Peter - 2001
Physical stature is used as a proxy for the biological standard of living in the two Germanies before and after unification in an analysis of a cross-sectionalsample (1998) of adult heights, as well as among military recruits of the1990s. West Germans tended to be taller than East Germans...
Persistent link: https://www.econbiz.de/10011400292
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Growth and convergence in a two-region model of unified Germany
Funke, Michael; Strulik, Holge - 1999
The paper sets up a two-region endogenous growth model to discuss growth and regional convergence of unified Germany. It emphasises the role of private and public capital accumulati on during the developing process. The theoretical part derives fiscal policy rules which establish convergence of...
Persistent link: https://www.econbiz.de/10009781701
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Quality of life in a dynamic spatial model
Ahlfeldt, Gabriel M.; Bald, Fabian; Roth, Duncan; … - 2020
We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...
Persistent link: https://www.econbiz.de/10012388100
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The rate of return on everything, 1870-2015
Jordà, Òscar; Knoll, Katharina; Kuvshinov, Dmitry; … - 2018
This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...
Persistent link: https://www.econbiz.de/10011794864
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Gentrification and affordable housing policies
Borck, Rainald; Gohl, Niklas - 2021
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
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Cointegration of matched home purchases and rental price indexes : evidence from Sinpagore
Baltagi, Badi H.; Li, Jing - 2015
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
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The cost of well-being
Pettini, Anna; Patrizi, Vincenzo; Resce, Giuliano - 2015
Since measures of well-being are meant to be an exercise in documentation, but also a tool for policies and priorities, we suggest an operative way to use them. We evaluate both technical and social efficiency of countries in producing the Better Life Index (BLI) objectives. To assess the...
Persistent link: https://www.econbiz.de/10011305432
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Price and prejudice : housing rents reveal racial animus
Brülhart, Marius; Klinke, Gian-Paolo; Marcucci, Andrea; … - 2023
We study market rents in the neighborhood of asylum seeker hosting centers. Our empirical setting exploits the quasi …-random opening of centers and spatial allocation of asylum seekers in Switzerland. Rents within 0.7km of an active center are found … on average to be 3.8% lower than rents in the control group. The price drop is more pronounced when centers host a higher …
Persistent link: https://www.econbiz.de/10014251417
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Economic growth and subjective well-being : reassessing the Easterlin paradox
Stevenson, Betsey (contributor); Wolfers, Justin (contributor) - 2008
The "Easterlin paradoxʺ suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10003751098