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This paper analyses the highly under-researched German residential real estate market. Quality- and spatial-adjusted price and liquidity indices are calculated separately for the investment and rental market on a regional basis. Applying the “Partitioning Around Medoids (PAM)” clustering...
Persistent link: https://www.econbiz.de/10014504492
In this paper, the liquidity (inverse of time on market) of rental dwellings and its determinants for different liquidity quantiles are examined for the seven largest German cities. The determinants are estimated using censored quantile regressions in order to investigate the impact on very...
Persistent link: https://www.econbiz.de/10014504531
censoring. The treatment effect we define is in terms of shifting the quantiles of the outcome distribution based on the …
Persistent link: https://www.econbiz.de/10004991106
they are usually heavy censored. The hazard rate is invariant to censoring. Therefore, a natural choice is to model the …
Persistent link: https://www.econbiz.de/10005450884
Studies report that economic inequality remained relatively stable since the second world war until the 1980s (Lemieux, 2008). However, in the 1980s and 1990s several studies reveal an upward trend in inequality in many countries (Lemieux, 2008). The vast majority of studies analyse inequality...
Persistent link: https://www.econbiz.de/10011397301
Using the 2004-05 India Human Development Survey data, we estimate and decompose the earnings of household businesses owned by historically marginalized social groups known as Scheduled Castes and Tribes (SCSTs), and non-SCSTs across the earnings distribution. We find clear differences in...
Persistent link: https://www.econbiz.de/10011418664
We provide a detailed descriptive analysis of the long-term effects of the 50 percent public sector wage increase initiated by the government in 2002 in order to improve the relative situation of public sector workers. The aim of this policy was to attract high quality workers to the public...
Persistent link: https://www.econbiz.de/10010494712
We provide a detailed descriptive analysis of the long-term effects of the 50 percent public sector wage increase initiated by the government in 2002 in order to improve the relative situation of public sector workers. The aim of this policy was to attract high quality workers to the public...
Persistent link: https://www.econbiz.de/10010494728
Recent developments in the inequality literature has stressed the importance of inequality of opportunity as opposed to inequality of outcome. In this paper we investigate the presence of ex post inequality of opportunity in two measures of educational achievement for a representative sample of...
Persistent link: https://www.econbiz.de/10010507662
Using the 2004-05 India Human Development Survey data, we estimate and decompose the earnings of household businesses owned by historically marginalized social groups known as Scheduled Castes and Tribes (SCSTs), and non-SCSTs across the earnings distribution. We find clear differences in...
Persistent link: https://www.econbiz.de/10011325714