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generation of rents (as a distinctly different mechanism from profit maximising business activity), we use a broader notion of … rent than it was customary in the past 50 years. We return to the Ricardian tradition and define the institution of rent as … payments for goods, services or for work in employment that exceed the competitive price. Our rent concept includes - inter …
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Since 1980, US corporate valuations have risen relative to assets and operating margins have grown. The possibility of sustained economic rents has raised concerns about economic dynamism and inequality. But rising profits could come from political rents or, instead, from returns to investments...
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correlated with a 1% increase in rent. Market power is substantial: on average, markups account for nearly a third of rents in …
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the density bias of price-to-rent ratios in levels and trends, within and between cities. Our method lends itself to the … creation of comparable neighborhood-level qualified rent indices (Mietspiegel) across Germany. …
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The question of rent in economic theory is rather complicated, even at the level of its definition. This article … attempts to get back to basics in order to clear things up and present a complete and correct theory of rent. Starting with the … classical definition of rent, as an income earned by the owner of non-produced inputs, it clarifies first the definitions of the …
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