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the homeless rate. Taken together, our findings highlight a significant trade-off between tenant protections and rent …
Persistent link: https://www.econbiz.de/10012829352
We provide experimental evidence for the existence of “rent stigma,” a preference for owning goods or real estate to … of law students who were asked how much they would pay to own rather than rent a laptop found similar results. However …, we found little or no evidence for our hypotheses that rent stigma would decline in conditions in which the advantages of …
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Growth has fallen in the U.S., while firm concentration and profits have risen. Meanwhile, labor's share of national income is down, mostly due to the rising market share of low labor share firms. We propose a theory for these trends in which the driving force is falling firm-level costs of...
Persistent link: https://www.econbiz.de/10012480391
A tension between entry and rents lies at the core of a general theory of aggregation with scale effects. This paper characterizes the responses of macro aggregates to micro shocks in disaggregated economies with general forms of entry, internal or external returns to scale, input-output...
Persistent link: https://www.econbiz.de/10012481723
). Second, if we endogenize capital outlays using profit-maximizing behaviour of capitalist farmers, then absolute rent becomes …This paper develops a simple theoretical model to analyze Marx's theory of ground rent. Using the model, I demonstrate … two important results. First, if we take capital as exogenous, then total ground-rent can be decomposed into the three …
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