The urban agglomeration or metropolitan area of Seville is formed by the municipality of the same name, being the fourth most populated city in Spain; and with 45 municipalities, also forming the fourth most important economic and industrial area of the country. In recent years, due to the deep...

This paper argues that increases in perceived flood risk entail a negative and persistent shock to local economic activity. Our analysis is based on a rich administrative dataset that contains all business establishments in New York City around the time of hurricane Sandy. Our data also...

The tax burden of real estate transactions in Germany increased considerably since the constitutional reform in 2006. We examine the impact of the real estate transfer tax (RETT) on transactions and (net-of-tax) prices of commercial buildings and vacant commercial lots by means of a...

Using the hedonic pricing approach, we investigate how the information released on public registries of contaminated and potentially contaminated sites affects nearby commercial and industrial properties in Baltimore, Maryland. We find that commercial and industrial properties are virtually...

The behavioural approach to decision making under uncertainty combines insights from psychology and sociology into economic decision making. It steps away from the normative homo economicus and introduces a positive approach to human decision making under uncertainty. We provide an overview of...

We study a platform’s design of membership and transaction fees when sellers compete and buyers cannot observe the prices and features of goods without incurring search costs. The platform alleviates sellers’ competition by charging them transaction fees that increase with sales revenue, and...

From a broad macro-financial structure perspective, overly easy credit conditions gave rise to house price booms and busts in several advanced economies (e.g., Ireland, Spain, and the U.S.), and, more specifically in the U.S., an underpricing of risk made possible by regulatory arbitrage and...

Daten zur Bürobeschäftigung in Deutschland sind Mangelware. Frühere Erhebungen wurden mittlerweile eingestellt oder die Methodik wurde nicht mehr angepasst. Auf Basis von Auswertungen der BIBB/BAuA-Erwerbstätigenbefragung wird ein Ansatz zur Bestimmung der Bürobeschäftigung in Deutschland...

The rural economy is more developed and more dynamic if it has a more diverse structure, and if the share of non-agricultural economy is higher. In this context, the agrotourism is a field that is growing in popularity as producers try to diversify their activities and increase profits that can...

Die Mietpreisentwicklung für Einzelhandelsimmobilien wird trotz ihrer Bedeutung für Nutzer, Investoren und die Stadtentwicklung nicht angemessen beobachtet. Die alleinige Betrachtung von Durchschnittsmieten ist wenig hilfreich, da sich die Zusammensetzung der beobachteten Mieten hinsichtlich...