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This paper investigates heterogeneity in residential property yields using rental and sale listings from the largest German internet real estate platform. Equipped with property-level rent-to-price ratios obtained via matching properties for sale and for rent, we show that they strongly co-move...
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West Germany, and the PSID for the USA, we use the factor decomposition method described by Shorrocks (Econometrica 50 … high contribution to overall inequality in relation to its share in disposable income. This applies to Germany and the USA …
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