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economic measurement. His interest in the causes and consequences of technical progress led to his pathbreaking work on price … current economic thought. Here, leading scholars of economic measurement address issues in the areas of productivity, price … hedonics, capital measurement, diffusion of new technologies, and output and price measurement in “hard-to-measure” sectors of …
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Urban renewal areas are popular instruments in spatial planning to prevent urban decline and to induce urban renewal. 22 renewal areas were implemented in Berlin, Germany alone between 1993 and 1995, mainly to increase housing and living quality in the aftermath of the city s long division...
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We use a quasi-experimental research design to study the effects of 22 renewal areas implemented in Berlin, Germany, to increase housing and living quality in the aftermath of the city s division during the Cold War period. Our results suggest within the targeted areas that the policy has helped...
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New and old products differ in two respects: quality and newness. Whereas a higher quality of a new product always benefits consumers, the newness itself benefits some consumers, but not others, and for some, it is even a disadvantage. We capture these features in a Hotelling model of Over-...
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