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Definition of housing submarkets is important at both conceptual and empirical levels. In the housing studies literature, submarkets have been defined according to three different criteria: i) similarity in hedonic housing characters, ii) similarity in hedonic prices; iii) substitutability of...
Persistent link: https://www.econbiz.de/10010833249
Accurate estimation of demographic variables such as mortality, fertility and migrations, by age groups and regions, is important for analyses and policy. However, traditional estimates based on within cohort counts are often inaccurate, particularly when the sub-populations considered are...
Persistent link: https://www.econbiz.de/10010755709
‘Operating leverage’describes the extent to which a …Firm’s operating costs are fi…xed in the short term. Operating leverage ampli…es the earnings impact of a change in revenues; an effect which is further amplified by fi…nancial leverage and by non-proportionality in...
Persistent link: https://www.econbiz.de/10010734639
Socioeconomic characteristics, health behaviours, and the utilisation and quality of healthcare are prime examples of socioeconomic, cultural and demographic phenomena that are inherently spatial in nature. Understanding the spatial structure of these factors is particularly relevant in order to...
Persistent link: https://www.econbiz.de/10010734640
We develop a method for estimating the functional surface of a regression coefficient that varies over a complex spatial domain with irregular boundaries, peninsulas and interior holes. The method is motivated by, and applied to, data on housing markets, where the central object of inference is...
Persistent link: https://www.econbiz.de/10010734641