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The Determinants and Impact of Property Rights : Land Titles on the Brazilian Frontier
Alston, Lee J. - 1996
This paper provides new empirical results regarding the demand and supply of title, its impact on land value, and its effects on agricultural investment on Brazilian frontiers. We use survey data from 1992 and 1993 from the state of Par with data on the characteristics of the settlers, land...
Persistent link: https://www.econbiz.de/10012473459
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Folklore
Michalopoulos, Stelios - 2019
Folklore is the collection of traditional beliefs, customs, and stories of a community, passed through the generations by word of mouth. This vast expressive body, studied by the corresponding discipline of folklore, has evaded the attention of economists. In this study we do four things that...
Persistent link: https://www.econbiz.de/10012479386
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Herding, Warfare, and a Culture of Honor : Global Evidence
Cao, Yiming; Enke, Benjamin; Falk, Armin; Giuliano, Paola; … - National Bureau of Economic Research - 2021
According to the widely known 'culture of honor' hypothesis from social psychology, traditional herding practices are believed to have generated a value system that is conducive to revenge-taking and violence. We test this idea at a global scale using a combination of ethnographic records,...
Persistent link: https://www.econbiz.de/10012629470
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Tax Policy and the Heterogeneous Costs of Homeownership
Bishop, Kelly C.; Dowling, Jakob; Kuminoff, Nicolai V.; … - National Bureau of Economic Research - 2023
The real economic cost of homeownership depends on an intricate system of taxes and subsides that vary over time and across the United States. We incorporate the key features of this system into a framework for measuring the annual user-cost of housing and we use it to document how housing costs...
Persistent link: https://www.econbiz.de/10014436955
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Property Rights and Parliament in Industrializing Britain
Bogart, Daniel - 2010
During Britain's industrialization, Parliament operated a forum where rights to land and resources could be reorganized. This venue enabled landholders and communities to exploit economic opportunities that could not be accommodated by the inflexible rights regime inherited from the past. In...
Persistent link: https://www.econbiz.de/10012462955
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Land and House Price Measurement in China
Deng, Yongheng - 2012
We provide the first multi-city, constant quality land price index for 35 major markets in China. While there is …We also investigate the quality of the two most prominent house price indexes in China, and conclude that a traditional … hedonic index more accurately reflects how house prices have changed over time in eight major markets in China. Repeat sales …
Persistent link: https://www.econbiz.de/10012460257
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Property Rights to Frontier Land and Minerals : US Exceptionalism
Libecap, Gary D. - 2018
Property rights are the most fundamental institution in any society. They determine who has decision-making authority over assets and who bears the costs and benefits of those decisions. They assign ownership, wealth, political influence, and social standing. They make markets possible; define...
Persistent link: https://www.econbiz.de/10012453172
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Does Favorable Tax-Treatment of Housing Reduce Equipment Investment?
Broadbent, Ben - 1997
It is often argued that low tax rates on owner-occupied housing divert investment from equipment. This paper demonstrates that if people are heterogeneous in their propensity to save, and if there are constraints on borrowing, favorable tax treatment of owner-occupied housing up to a certain...
Persistent link: https://www.econbiz.de/10012472653
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Property Rights and Intra-Household Bargaining
Wang, Shing-Yi - 2013
within the household. The question is analyzed in the context of a housing reform that occurred in China that gave existing …
Persistent link: https://www.econbiz.de/10012459233
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Voluntary and Mandatory Social Distancing : Evidence on COVID-19 Exposure Rates from Chinese Provinces and Selected Countries
Chudik, Alexander - 2020
This paper considers a modification of the standard Susceptible-Infected-Recovered (SIR) model of epidemic that allows for different degrees of compulsory as well as voluntary social distancing. It is shown that the fraction of population that self-isolates varies with the perceived probability...
Persistent link: https://www.econbiz.de/10012481996