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Expectations of housing prices play an important role in real estate research. Despite their importance, obtaining a reasonable proxy for such expectations is a challenge. The existing literature on mortgage research either does not include housing expectation proxies in empirical models, or...
Persistent link: https://www.econbiz.de/10010989334
The present study analyzes the results of the implemented reforms in Bolivia since its return to democracy, focusing on the attraction of FDI. This is supported by an extensive review of the literature and existing developments in the field and with a descriptive analysis of the last four...
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Currently, only 71% of adults in the global South have real access to financial services, compared to 96% in the developed world. Financial inclusion has been identified as one of the most potent factors lifting people out of poverty and enabling development and well-being. As a result, access...
Persistent link: https://www.econbiz.de/10014256710
According to foreign direct investment (FDI) path theory, developed countries are grouped into two phases, known as the fourth and fifth phases. Fourth-phase countries (newly developed economies) show a technological and institutional "gap" in comparison with fifth-phase economies, which...
Persistent link: https://www.econbiz.de/10005632696
Transport costs are a crucial element of any spatial economic model. Surprisingly, good transport cost estimates at a detailed spatial level for the EU are not readily available. In this paper we address this issue by estimating a novel dataset of road freight transport costs for goods for the...
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