Showing 1 - 10 of 1,671
Following a hedonic framework, this paper constructs various transaction-based commercial property price indicators for the Netherlands. Using quarterly data from the Investment Property Databank (IPD), the analysis covers a total of 10,000 listed properties over the period 2001-2011. The study...
Persistent link: https://www.econbiz.de/10013060537
indexes are defined and used to analyze several empirical methods of estimation of quality adjusted price indexes. The paper … may remove the measurement problems associated with quality change. The paper includes an application of the theory to the …
Persistent link: https://www.econbiz.de/10013320255
We provide evidence on the effect of elementary index choice on inflation measurement. Using scanner data for 15844 … indexes using nine different elementary index formulas. Measured inflation outcomes of the different index formulas are … compared with the Fisher Ideal index to quantify elementary index bias. Across product categories, mean levels of annual …
Persistent link: https://www.econbiz.de/10013040610
Crossing borders, be it international or regional, often go together with price, wage or indeed wealth discontinuities. This paper identifies substantial wealth differences between Luxembourg resident households and cross-border commuter households despite their similar incomes. The average...
Persistent link: https://www.econbiz.de/10013055306
This study looks at real estate price booms and busts in industrialised countries. It identifies major and persistent deviations from long term trends for 18 countries and estimates the probabilities of their occurrence using a Random Effects Panel Probit model over the period 1980-2007. It...
Persistent link: https://www.econbiz.de/10013158164
credit-to-GDP levels. We use estimation results obtained for a panel of small open OECD economies (out-of-sample panel) to …
Persistent link: https://www.econbiz.de/10011604733
This paper uses index number theory to disentangle changes in aggregate retail interest rates due to changes in … optimal calculation of a binary index using axiomatic index number theory; on that basis, chain and direct indices are …"), on the basis of the "difference" index numbers recently revisited by Diewert (2005). The paper, first discusses the …
Persistent link: https://www.econbiz.de/10013316478
contributions in the context of static panel data models. The first is to show under what conditions the aggregation of foreign …
Persistent link: https://www.econbiz.de/10013036825
We analyse the SRISK measure with respect to its usage as a benchmark for the ECB/EBA 2014 stress test. By regressing the ECB/EBA stress test impact and the SRISK stress impact on a set of factors that are commonly associated with bank credit losses and bank vulnerability, we find that the...
Persistent link: https://www.econbiz.de/10012988597
We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the methodology developed by Amiti and Weinstein (2013) to a rich dataset of matched bank-firm loans in the Portuguese economy for the period 2005 to 2013. We argue that their...
Persistent link: https://www.econbiz.de/10012988608