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The Boston Federal Reserve study (Munnell et al. 1996) concluded that illegal discrimination is a statistically significant contributor to the observed gap between white and minority residential-mortgage rejection rates. The Boston study speculated that discrimination arises because lenders do...
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Building on past research in the economies-of-scale debate, we test for scale economies in real estate investment trusts (REITs) by examining growth prospects, revenue and expense measures, profitability ratios, systematic risk and capital costs. Overall, we find that large REITs are increasing...
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I am unable to copy/paste a rather lengthy abstract, but the paper provides a detailed theoretical model of human migration which is then tested using a discrete choice probit model.
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While unable to copy/paste the abstract, the paper examines the relative importance of job search and housing demand along with exploring the extent of equilibrium and disequilibrium in migration and job change.
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Using Current Population Survey data for the years 1973-86, this study tests the hypothesis that the steep decline of union employment shares since 1973 is related to increases in union wages relative to nonunion wages. The authors show that although the aggregate union wage premium has changed...
Persistent link: https://www.econbiz.de/10005227374
This paper demonstrates the usefulness of the hedonic index approach to the study of housing markets in developing countries. The study broadens the geographical scope of the various economic studies of these markets. The current practice of extrapolating empirical findings from studies of...
Persistent link: https://www.econbiz.de/10010886448