Showing 1 - 10 of 1,565
In this paper we examine the trends in housing conditions among the urban poor over the last decade, relate these trends to the economic environments of the cities, and compare the poor to other income groups. We find that there has been a substantial decrease in "housing independence" -- among...
Persistent link: https://www.econbiz.de/10013227001
We examine whether the Colombian trade reform can explain any of Colombia's decline in urban poverty between 1984 and … 1995. Our approach focuses on short- and medium- run channels through which trade reform could affect poverty. Despite the … chronological coincidence of the poverty reduction with the trade reforms over this period, we do not observe any evidence of a link …
Persistent link: https://www.econbiz.de/10013099482
The urban poor in developing countries face challenging living environments, which may interfere with good sleep. Using actigraphy to measure sleep objectively, we find that low-income adults in Chennai, India sleep only 5.5 hours per night on average despite spending 8 hours in bed. Their sleep...
Persistent link: https://www.econbiz.de/10013233755
We study the severity of liquidity constraints in the U.S. housing market using a life-cycle model with uninsurable idiosyncratic risks in which houses are illiquid, but agents can extract home equity by refinancing their mortgages. The model implies that four-fifths of homeowners are liquidity...
Persistent link: https://www.econbiz.de/10012957387
This paper examines homeownership and housing demand for a sample of approximately 6,800 urban, industrial workers in the United States for the period 1889/90. Using data from the Sixth and Seventh Annual Reports of the U.S. Commissioner of Labor, housing demand is viewed as a two part process:...
Persistent link: https://www.econbiz.de/10013220430
The efficient markets hypothesis has dominated modern research on asset prices. Asset prices and their intrinsic values differ in inefficient financial markets but difficulties in the measurement of intrinsic value greatly complicate market efficiency tests. Reflections on the measurement of...
Persistent link: https://www.econbiz.de/10013249160
During the 1960s and 1970s, the U.S. government closely regulated the single-family housing finance system. The regulation manifested itself in a highly specialized system with four notable characteristics: portfolio restrictions against investments in corporate assets, tax inducements to invest...
Persistent link: https://www.econbiz.de/10012750735
Local pollution exposures disproportionately impact minority households, but the root causes remain unclear. This study conducts a correspondence experiment on a major online housing platform to test whether housing discrimination constrains minority access to housing options in markets with...
Persistent link: https://www.econbiz.de/10013324656
Recent research suggests that rates of extreme poverty, commonly defined as living on less than $2/person/day, are high … and rising in the United States. We re-examine the rate of extreme poverty by linking 2011 data from the Survey of Income … and Program Participation and Current Population Survey, the sources of recent extreme poverty estimates, to …
Persistent link: https://www.econbiz.de/10012869067
Scholars emphasize that poverty in Britain has risen sharply since the late 1970s. Meanwhile in the United States, both … official figures and traditional poverty scholars report sharp declines in poverty. We seek to provide a comparison of poverty …, or policy-account for the observed changes in poverty in the two nations and what role could policy play in reducing …
Persistent link: https://www.econbiz.de/10013218801