Der demografische Wandel ist in den meisten Industrienationen mit einer Alterung und Schrumpfung der Erwerbsbevölkerung verbunden. Daraus ergeben sich erhebliche Konsequenzen für zentrale makroökonomische Größen wie das Bruttoinlandsprodukt, die Arbeitsproduktivität, die Ersparnisse und...

The purpose of this study was to understand the relationship between happiness and housing prices in Canada. The happiness data were obtained from the General Social Survey between 2009 and 2013, asking respondents to report overall happiness level by using scale ranging between 1 to 10 points....

Entrepreneurs are at the core of economic development in that they start new businesses or make existing firms grow. To fulfill this important role, entrepreneurs need access to finance. Owing to information asymmetry and the relatively high risk associated with business start-ups, many...

We analyse the determinants of prices of flats that are bought on the primary (new construction) and secondary markets (existing stock) in the 17 largest cities in Poland during the 2002-2015 period. We find that prices are driven by economic fundamentals, such as income growth and drop in the...

This paper examines the short-run immigration effects on prices for owner-occupied housing and rents in Switzerland, exploiting regional variation at the level of 106 local labor markets ("Mobilité Spatiale" regions) and 26 cantons, respectively. We propose two empirical strategies that exploit...

This paper investigates how different types of monetary policy have affected house prices in Finland, a small euro area economy that has experienced pronounced business cycles over time. The analyses are carried out using the Bayesian structural vector autoregressive approach. Monetary policy...

This paper analyzes the long-run convergence of regional house prices in a major developing country, Turkey. Using a non-linear time-varying factor model and quarterly hedonic house price data from 2010 to 2018, we find that house prices do not converge across 26 regions of Turkey. Results...