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One of the consequences of the post-socialist transformation of Eastern and Central Europe and the Former Soviet Union is the emergence of energy poverty, a condition where households are living in inadequately heated homes. This paper examines the institutional and demographic underpinnings of...
Persistent link: https://www.econbiz.de/10012783769
Recent work has shown that microeconomic shocks at the firm and sector level account for a substantial share of output volatility. We examine whether this relationship holds for house price growth volatility, which also declined during the Great Moderation and increased after 2001. Using a novel...
Persistent link: https://www.econbiz.de/10012928702
Throughout the world, policy makers are concerned about the impact that population aging will have on the financial security of households and nations. Key questions include: (1) are the aging, and soon to be aged populations, adequately preparing for old age? and (2) how does financial...
Persistent link: https://www.econbiz.de/10012933265
household CO2 emissions linked to housing and transport energy. For transport, emissions are proportional to the distance … access to less carbon-intensive modes of transport. For housing, while the size of the dwelling increases with income and …
Persistent link: https://www.econbiz.de/10012519964
Shared equity homeownership is a form of subsidised, resale-restricted housing through which lower-income households … homeownership: “entry affordability” indicates how affordable subsidised housing is when a household first becomes a subsidised … owner; while “exit affordability” means how affordable private housing is after a household has enjoyed subsidised …
Persistent link: https://www.econbiz.de/10013242945
This paper reviews what we know so far about climate change; the likely impacts to housing and housing finance … in housing and housing finance can do to articulate and measure their exposure to climate change …
Persistent link: https://www.econbiz.de/10013314707
Evidence indicates that house prices have become somewhat more synchronized during this century, likely reflecting more correlated movements in long-term interest rates and macroeconomic cycles that are related to trends in globalization and international portfolio diversification. Nevertheless,...
Persistent link: https://www.econbiz.de/10012230381
economic recovery, fiscal support and high saving rates amid negative real interest rates explain part of the strong housing … assessing housing market risks. Moderate increases in interest rates could help forestall speculative demand …
Persistent link: https://www.econbiz.de/10013297596
The economic impacts of the COVID-19 pandemic on workers in Oregon were swift and deep. Economic impacts have been felt unequally across the economy, with many sectors thriving during the pandemic while others— particularly leisure and hospitality—experiencing widespread job losses.Our...
Persistent link: https://www.econbiz.de/10013307452
Crisis may spread through economy via the propagating mechanisms of the labour market – households becoming delinquent due to an initial unemployment shock may be unable to continue servicing obligations versus the financial system. With large debts – e.g. mortgages – such defaults pose a...
Persistent link: https://www.econbiz.de/10013109318