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Purpose – This paper aims to evaluate critically the validity of rival theorisations of the hidden economy that variously read this sphere as a leftover from a previous era, a by-product of a new emergent form of capitalism, a complement to formal employment or an alternative to the formal...
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The socioeconomic importance of housing and its medium- and long-term investment returns requires a significant effort …, the territory structure and the lack of information and transparency of the housing market mechanisms also influence its … understanding. There is a variety of literature, in the field of spatial economics that gives theoretical basis for predict housing …
Persistent link: https://www.econbiz.de/10011491300
Over the last decade or so, the debate on the planning and development of the Paris (Île-de-France) region has revolved around two little words: "Grand Paris", or Greater Paris. Despite existing political and scientific controversies surrounding the future of the capital region, three major...
Persistent link: https://www.econbiz.de/10011491975
This paper analyzes the problems of credit risk modeling of residential mortgage lending in Russia. Using unique mortgage loan and macro data from a regional branch of the Agency of Home Mortgage Lending (2008-2012), we find that borrower and mortgage loan characteristics affect the loan...
Persistent link: https://www.econbiz.de/10013055100
The research presented in this paper focuses on the sustainable use of water resources in Russia based on a Foresight study with a 20-year time horizon. The study uses a scenario-planning method to develop four trajectories: economic depression, economic stagnation, visionary future, and...
Persistent link: https://www.econbiz.de/10013018878
Water resources are crucial for the continuity of life. Humans and living species need fresh water for drinking and sanitation, while industries in most sectors of the economy need water for some part of production processes themselves. Access to fresh water is a grand challenge at the global...
Persistent link: https://www.econbiz.de/10013025378
This research analyses the process of lending from Russian state-owned mortgage provider. Two-level lending and insurance of mortgage system lead to substantially higher default rates for insured loans. This means that underwriting incentives for regional operators of government mortgage loans...
Persistent link: https://www.econbiz.de/10012994797