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School performance, score inflation and economic geography
Battistin, Erich; Neri, Lorenzo - 2017
We show that grading standards for primary school exams in England have triggered an inflation of quality indicators in the national performance tables for almost two decades. The cumulative effects have resulted in significant differences in the quality signaled to parents for otherwise...
Persistent link: https://www.econbiz.de/10011763856
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House price volatility and the housing ladder
Banks, James; Blundell, Richard W.; Oldfield, Zoe͏̈; … - 2010
This paper investigates the effects of housing price risk on housing choices over the lifecycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...
Persistent link: https://www.econbiz.de/10009006946
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Housing mobility and downsizing at older ages in Britain and the United States
Banks, James; Blundell, Richard W.; Oldfield, Zoe͏̈; … - 2010
This paper investigates the effects of housing price risk on housing choices over the lifecycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...
Persistent link: https://www.econbiz.de/10009006985
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Do house prices affect consumption? : a re-assessment of the wealth hypothesis
Cristini, Annalisa; Sevilla, Almudena - 2013
This paper undertakes a comparison exercise to disentangle what drives the opposite findings regarding the effect of house prices on consumption documented in two papers using the same data set for the UK. On the one hand, Campbell and Cocco (2007) find that old owners are the most benefited by...
Persistent link: https://www.econbiz.de/10009792993
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Knocking it down and mixing it up : the impact of public housing regenerations
Blanco, Hector; Neri, Lorenzo - 2023
Due to their negative effects on surrounding neighborhoods, some countries have gradually been replacing distressed public housing developments with mixed-income housing. This paper studies the effects of such policies on local housing markets in London (UK), where local authorities demolished...
Persistent link: https://www.econbiz.de/10013498999
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How does immigration affect housing costs in Switzerland?
Helfer, Fabienne; Grossmann, Volker; Osikominu, Aderonke - 2023
This paper examines the short-run immigration effects on prices for owner-occupied housing and rents in Switzerland, exploiting regional variation at the level of 106 local labour markets ("Mobilité Spatiale" regions) and 26 cantons, respectively. We propose two empirical strategies that...
Persistent link: https://www.econbiz.de/10013547711
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House price responses to monetary policy surprises : evidence from the U.S. listings data
Gorea, Denis; Kryvtsov, Oleksiy; Kudlyak, Marianna - 2022
Existing literature documents that house prices respond to monetary policy surprises with a significant delay, taking years to reach their peak response. We present new evidence of a much faster response. We exploit information contained in listings for the residential properties for sale in the...
Persistent link: https://www.econbiz.de/10013343329
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Earnings and labour market volatility in Britain
Cappellari, Lorenzo; Jenkins, Stephen - 2013
We provide new evidence about earnings and labour market volatility in Britain over the period 1992-2008, and for women … as well as men. (Most research about volatility refers to earnings volatility for US men.) We show that earnings … volatility declined slightly for both men and women over the period but the changes are not statistically significant. When we …
Persistent link: https://www.econbiz.de/10009770646
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COVID-19 spread in Germany from a regional perspective
Hübler, Olaf - 2021
This paper investigates the regional differences in the spread of COVID-19 infections in Germany. A machine learning selection procedure is used to reduce variables from a pool of potential influencing variables. The empirical analysis shows that both regional structural variables and regionally...
Persistent link: https://www.econbiz.de/10012607618
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Superstition in the housing market
Fortin, Nicole Marie; Hill, Andrew J.; Huang, Jeff - 2013
We provide the first solid evidence that Chinese superstitious beliefs can have significant effects on house prices in a North American market with a large immigrant population. Using real estate data on close to 117,000 house sales, we find that houses with address number ending in four are...
Persistent link: https://www.econbiz.de/10009766279