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In Happiness and the Human Development Index: The Paradox of Australia, Blanchflower and Oswald (2005) observe an … apparent puzzle: they claim that Australia ranks highly in the Human Development Index (HDI), but relatively poorly in … happiness. However, when we compare their happiness data with the HDI, Australia appears happier, not sadder, than its HDI score …
Persistent link: https://www.econbiz.de/10010267311
The German construction industry is facing major challenges. Rising interest rates, high material costs and high energy prices have led to a sharp drop in orders and declining building permits. Consequently, capacity utilisation in the construction industry will fall while the shortage of aff...
Persistent link: https://www.econbiz.de/10014001275
Housing affordability is a hotly debated issue on global scale. A lack of affordable housing of decent quality is a chronic problem in urban areas. Governments try to alleviate it by stimulating homeownership among middle-income households and providing social housing for the low-income...
Persistent link: https://www.econbiz.de/10013164148
How does housing policy influence the distribution of population? We examine the impact of the world's first large-scale rural public housing scheme on the long-term dynamics of rural population, specifically the case of Ireland's Labourers Acts. We link detailed data on the location of over...
Persistent link: https://www.econbiz.de/10012666892
Our study examines the empirical links between social housing policy and location choices of immigrants in France. More specifically, we characterize the main individual and contextual determinants of the probability for immigrants to live in a HLM (habitations à loyer modéré, dwelling with a...
Persistent link: https://www.econbiz.de/10010285988
In order to evaluate the allocational effectiveness of regional policy when harmonizing regional economic conditions firms? preferences play a pivot role. If harmonization hinders risk diversification of the firm, then instead of regional diversification of capital agglomeration of capital...
Persistent link: https://www.econbiz.de/10010296826
This paper considers a model of spatial allocation of investment capital under uncertainty. We demonstrate that the spatial concentration of economic activity depends upon properties of risk preferences deeper than risk aversion. The degree of so-called relative prudence unambiguously decides...
Persistent link: https://www.econbiz.de/10010301356
In a model of spatial competition, we analyse the equilibrium outcomes in markets where the product price is exogenous. Using an extended version of the Hotelling model, we assume that firms choose their locations and the quality of the product they supply. We derive the optimal price set by a...
Persistent link: https://www.econbiz.de/10010306985
In Turkey, after the 1999 Gölcük Earthquake, urban redevelopment has been seen as a major solution for the removal or rehabilitation of low quality urban settlements. Several laws and bylaws have been passed to this end. One of the major task of this transformation and/or redevelopment is to...
Persistent link: https://www.econbiz.de/10011397418
In the last three decades, the supply of housing in Argentina has not kept pace with demand. This study analyzes the main drivers of Argentina's housing market and relates them to the macroeconomic environment in order to advance a policy agenda for housing policy reform. The demand for housing...
Persistent link: https://www.econbiz.de/10010328093