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On the background of current global mortgage crisis the article discusses the housing market theory and particularly the methods and indicators used for the evaluation of long-term sustainability of house price trends. The authors provide the time series of such indicators for selected OECD...
Persistent link: https://www.econbiz.de/10008577446
This article focuses on common and different attributes of education and health from economic and social perspective …. Education and health are not usually analyzed together so this could be considered to be an innovative approach. Article … contains knowledge which reflects empirically known dependencies in the area of education and health determinants and …
Persistent link: https://www.econbiz.de/10008754961
This article, based on an empirical analysis, discusses factors affecting property prices and tries to identify periods of property price overvaluation in the Czech Republic. To achieve this, the article uses both relatively simple approach using ratios related to the house prices (e.g....
Persistent link: https://www.econbiz.de/10008553108
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Almost all of us sometimes voluntarily give up some scarce resources to make someone else better. Not only the amount of resources used for such purposes, but also other wider concerns (implications for private and government sector) have drawn the attention of economists in recent decades. In...
Persistent link: https://www.econbiz.de/10008754954
One of the key assumptions of neoclassical economics is the existence of the rational individual, who always tries to maximize his or her utility. The paper shows possibilities of experimental evaluation of this hypothesis with respect to the various groups of people who undertake the...
Persistent link: https://www.econbiz.de/10008754965