Showing 1 - 10 of 114
This paper explores the stability of the key conditioning variables accounting for real estate valuation before and after the crisis of 2008 - 2009, in a panel of 36 countries, for the period of 2005:I - 2012:IV, recognizing the incidence of global financial crisis. Our paper validates the...
Persistent link: https://www.econbiz.de/10009771831
Housing policies in Japan after World War II were focused on the quantitative supply of houses with a wide range of targeted groups and public rental houses. The Japan Housing Corporation (now the Urban Renaissance Agency) and the Government Housing Loan Corporation (now the Japan Housing...
Persistent link: https://www.econbiz.de/10011441128
This paper analyzes the housing markets and housing policies in Hong Kong, China and the People's Republic of China (PRC). Both markets face housing affordability problems due to limited land supply, for which the solutions vary considerably. Hong Kong, China has adopted a railway and property...
Persistent link: https://www.econbiz.de/10011453313
Loss aversion is a core concept in prospect theory that refers to people's asymmetric attitudes with respect to gains and losses. More specifically, losses loom larger than gains. With the capability of loss aversion to explain economic phenomena, some of which are puzzling under expected...
Persistent link: https://www.econbiz.de/10011591060
Hong Kong, China's housing market witnessed dramatic appreciations recently, with the price index for private domestic housing units being 3 times higher than 10 years ago. This trend is supported by both internal and external factors, as illustrated in this paper. By providing a theoretical...
Persistent link: https://www.econbiz.de/10012007579
This paper examines the tail dependence between energy and housing markets in the United States by using cross-quantilogram approach. Our main finding shows a housing returns are dependent on the oil returns in a large part of the return distribution, and that the housing returns are more likely...
Persistent link: https://www.econbiz.de/10012219573
leverages household budget survey data from two Central Asian countries to investigate the barriers to improved adoption of …. The average adoption rate in a sub-province also contributes to an increased household-level sanitation and washing … facilities uptake. This suggests that peer influences represent an important mechanism underlying household behavior. The role of …
Persistent link: https://www.econbiz.de/10014470756
The process to introduce the idea of land readjustment to a number of Asian developing countries-mainly sponsored by the Japanese government-has been one of the most significant international collaborations in urban planning in the twentieth century. When such processes succeed, they can replace...
Persistent link: https://www.econbiz.de/10012239590
Forced displacement results from some form of direct or indirect violence or factors known as push factors. Such migration is not an outcome of volition but of coercion. Based on a systematic review of relevant literature, this report presents rapidly rising trends of forced displacement in the...
Persistent link: https://www.econbiz.de/10015069671
This study examines the effects of the recent influx of Syrian refugees on the Turkish labor market. Exploiting this … refugee-hosting regions with the highest number of refugees as treatment regions and four comparable regions with a low … widely host refugees. Such negative impacts on labor market outcomes became larger in 2014-2015 compared with 2012 …
Persistent link: https://www.econbiz.de/10011992111