The unpegging of China’s currency in 2005 creates positive wealth effects that trigger Chinese foreign buyers … and 4.61% for luxury (more expensive) units after experiencing positive income shocks. We find that conspicuous … consumption motives are augmented in high-income neighborhoods and neighborhoods with strong enclaves and social networks …

, migration and foreign direct investment …

(OECD) affect development and poverty in developing and transition economies …

also helped us to evaluate the economic growth patterns and poverty in these seven countries. China and the Russian …This study aims to examine the impact of foreign direct investment (FDI), investment in construction and poverty in … to determine the best differentiated data in order to answer the question: "Why does a high level of poverty persist in …