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New Zealand’s housing supply has not kept pace with rising demand, including from net immigration. Affordability has worsened, particularly for low-income renters. Government action is underway to allow new housing through initiatives such as the Urban Growth Agenda, KiwiBuild and the Housing...
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Der vorliegende Bericht dokumentiert und analysiert die Erfahrungen, die in innovativen Modellvorhaben zur Weiterentwicklung von Wohnungsbeständen gesammelt wurden. Hierbei stand das Marktsegment der Ein- und Zweifamilienhäuser sowie kleinerer Mietobjekte im Vordergrund. Untersucht wurden die...
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By combining fresh estimates of housing supply and prices with recent long-term projections for their fundamental drivers such as population, income and interest rates, this paper produces scenarios for residential investment and real house prices up to 2050. For half of the covered countries,...
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The present paper estimates and decomposes the employment effect of innovation by R&D intensity levels. Our micro-econometric analysis is based on a large international panel data set from the EU Industrial R&D Investment Scoreboard. Employing flexible semi-parametric methods the generalised...
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This paper builds an innovative composite world trade cycle index (WTI) by means of a dynamic factor model to monitor and perform short-term forecasts in real time of world trade growth of both goods and (usually neglected) services. The selection of trade indicator series is made using a...
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