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The discrete choice model of McFadden (1973) is used to quantify the desire for going into rehabilitation or disability …-time employed married women going into disability or rehabilitation are not doing so entirely voluntarily. Using a set of … has also played a significant role in increasing the number on disability and rehabilitation, while changes in disability …
Persistent link: https://www.econbiz.de/10011968411
Owner-occupied housing services and rented housing services are often considered close substitutes, and both house price and rental price indices rely on regressions based on dwelling and location characteristics. However, while such characteristics are exhaustive in the owner's market, they...
Persistent link: https://www.econbiz.de/10011968237
The question of whether the housing market is efficient or not is posed by an increasing number of economists, policymakers, current homeowners and prospective homebuyers. This article tests the efficiency hypothesis on data from the Norwegian housing market in its capital, Oslo. We employ the...
Persistent link: https://www.econbiz.de/10011968276
We estimate the welfare costs of inflation originating from lack of liquidity satiation - as in Bailey (1956), Friedman (1969), Lucas (2000), and Ireland (2009) - for the U.S., U.K., Canada, and three countries/economic areas (Switzerland, Sweden, and the Euro area) in which interest rates have...
Persistent link: https://www.econbiz.de/10012420699