Government income and housing interventions during the COVID pandemic had demonstrable benefits in reducing the growth of homelessness. Comparisons of projected versus actual growth in Los Angeles County from 2020 to 2022 validate the benefit of these interventions.This report offers three types...

Neighborhoods are the result of a complicated interplay between residential choice, housing supply and the influences of the larger metropolitan system on its constituent parts. We model this interplay as a system of reduced-form equations in order to examine the effects of a generous spatially...

In den Koalitionsverhandlungen wurde ein Paket für bezahlbares Bauen und Wohnen vereinbart. Das Paket enthält unter anderem eine Mietpreisbremse, deren Wirkung die Autoren insbesondere auf längere Sicht kritisch sehen. Sie fürchten, dass dadurch weniger Wohnungen angeboten werden und ein...

This volume was prepared by Constantin Mang while he was working at the Ifo Institute. It was completed in 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes a short introduction and four self-contained chapters that focus on ICT...

In seiner jüngeren Geschichte war Deutschland mit vielen tiefgreifenden ökonomischen Krisen konfrontiert. Diese wirkten sich vollkommen unterschiedlich auf den Wohnimmobilienmarkt aus. Einige Krisen machten sich auf nationaler, andere hingegen lediglich auf regionaler Ebene bemerkbar. Manche...

In seiner jüngeren Geschichte war Deutschland mit vielen tiefgreifenden ökonomischen Krisen konfrontiert. Diese wirkten sich vollkommen unterschiedlich auf den Wohnimmobilienmarkt aus. Einige Krisen machten sich auf nationaler, andere hingegen lediglich auf regionaler Ebene bemerkbar. Manche...

We investigate whether interventions by (i) medical doctors and (ii) occupational specialists are effective in reducing sick leave durations among self-employed workers. To this end, we exploit unique administrative data comprising all sick leave claims by self-employed workers insured with the...

This paper studies market segmentation that arises from the introduction of a price ceiling in the market for rental housing. When part of the market faces rent control, theory predicts an increase of free-market rents, a consequence of misallocation of households to housing units. We study a...

We provide a micro-empirical link between the large literature on credit and house prices and the burgeoning literature on macroprudential policy. Using loan-level data on Irish mortgages originated between 2003 and 2010, we construct a measure of credit availability which varies at the borrower...

Following the global financial crisis, many countries have introduced or tightened macroprudential policies. Using an agentbased model (ABM), this paper seeks to measure the impact on house price cycles of two distinct borrower-based macroprudential instruments, namely loan-to-income and...