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Blood, Sweat, and Tears: The Rise and Decline of the East German Economy, 1949–1988 / Blut, Schweiß, Tränen: Aufstieg und Niedergang der ostdeutschen Wirtschaft, 1949–1988

Blum, Ulrich; Dudley, Leonard - In: Jahrbücher für Nationalökonomie und Statistik 220 (2000) 4, pp. 438-452

Summary The rise of the East-German economy in the 1950s and 1960s and its decline in the 1970s and 1980s is difficult to explain by neoclassical economics. However; the observed life cycle may be explained by the inclusion of concepts from old and new institutional economics and from functional...

Persistent link: https://www.econbiz.de/10014608780

Quantifying the drivers of residential housing demand – an interpretable machine learning approach

Cajias, Marcelo; Zeitler, Joseph-Alexander - In: Journal of European Real Estate Research 16 (2023) 2, pp. 172-199

Purpose The paper employs a unique online user-generated housing search dataset and introduces a novel measure for housing demand, namely “contacts per listing” as explained by hedonic, geographic and socioeconomic variables. Design/methodology/approach The authors explore housing demand by...

Persistent link: https://www.econbiz.de/10014862744

Comovements and spillovers in international commercial and residential real estate markets

Kishor, N. Kundan - In: Journal of European Real Estate Research 15 (2022) 3, pp. 311-331

Purpose This study aims to know to what extent do the commercial and residential estate markets move together in different economies? Do the shocks originating in one of these markets spillover to the other markets? Design/methodology/approach The authors apply a modified version of the dynamic...

Persistent link: https://www.econbiz.de/10014862838

The user cost of housing in the Baltic states

Kulikauskas, Darius - In: Journal of European Real Estate Research 10 (2017) 1, pp. 17-34

Purpose This paper aims to use the user costs approach to identify the periods of over- and under-valuation in the Baltic residential real estate markets. Design/methodology/approach Three alternative estimates of the user costs of homeownership in the Baltics are computed: one that does not...

Persistent link: https://www.econbiz.de/10014862898

Technical condition of houses: a framework for the Czech market

Jandásková, Tereza; Hrdlicka, Tomas; Cupal, Martin; … - In: International Journal of Housing Markets and Analysis 16 (2022) 7, pp. 58-79

Purpose This study aims to provide a framework for assessing the technical condition of a house to determine its market value, including the identification of other price-setting factors and their statistical significance. Time on market (TOM) in relation to the technical condition of a house is...

Persistent link: https://www.econbiz.de/10014778145

The impact of residential development on nearby housing prices

Kurvinen, Antti Tapio; Vihola, Jaakko - In: International Journal of Housing Markets and Analysis 9 (2016) 4, pp. 671-690

Purpose Even as multi-story apartment building development proposals in existing neighbourhoods represent a substantial component of policy debate at local planning boards, there is limited evidence for the impact of such residential developments on surrounding apartment values. This paper aims...

Persistent link: https://www.econbiz.de/10014778235

The impact of senior house developments on surrounding residential property values

Kurvinen, Antti Tapio; Tyvimaa, Tanja - In: Property Management 34 (2016) 5, pp. 415-433

Purpose Even as many countries are facing changes in demographic profile and new types of senior housing developments are becoming more important, there is limited evidence for the development impact of a senior house on surrounding residential property values. The purpose of this paper is to...

Persistent link: https://www.econbiz.de/10014973182

Heterogeneous preferences of Russian residential mortgage borrowers

Ozhegov, Evgeniy M. - In: Journal of European Real Estate Research 10 (2017) 1, pp. 35-56

Purpose This paper aims to examine the heterogeneity of preferences of mortgage borrowers of Russian state … operates government mortgage programs. The paper uses a multistep semiparametric approach to estimate the determinants of bank … conditions by other instruments than government mortgage is less elastic according to the change both in interest rate and …

Persistent link: https://www.econbiz.de/10014862735

The relationship between consumer characteristics and mortgage preferences

Hullgren, Maria; Söderberg, Inga‐Lill - In: International Journal of Housing Markets and Analysis 6 (2013) 2, pp. 209-230

' mortgage rate decisions, such as the choice between an adjustable rate mortgage (ARM) and a fixed rate mortgage (FRM). Design … effects of education, income and risk aversion on household mortgage decisions are investigated. In addition, consumers …' financial literacy and self‐reported ability to handle sudden mortgage rate increases are examined. A test of gender effects is …

Persistent link: https://www.econbiz.de/10014777812

Another look at housing finance in Africa

Donkor-Hyiaman, Kenneth Appiah; Owusu-Manu, DeGraft - In: International Journal of Housing Markets and Analysis 9 (2016) 1, pp. 20-46

in a mortgage investment and or borrowed on a housing microfinance basis. Originality/value – The paper contributes to … than property, for mortgage financing. The proposals made are aimed at influencing policy by way of advocating for the use …

Persistent link: https://www.econbiz.de/10014778269