Showing 71 - 80 of 86
This article uses the Case-Shiller technique for constructing housing price indices on a Norwegian data set of transactions for the period 1991-2002 consisting of 10 376 pairs of repeated sales. Using a weighted least squares scheme in order to control for heteroskedasticity, we construct a...
Persistent link: https://www.econbiz.de/10004980564
Housing markets tend to display both positive serial correlation as well as a considerable volatility over time. We present a stochastic model illustrating the connection between adaptive expectations and market fluctuations. All macro economic and demographic variables stay fixed over time and...
Persistent link: https://www.econbiz.de/10004980633
Owner-occupied housing services and rented housing services are often considered close substitutes, and both house price and rental price indices rely on regressions based on dwelling and location characteristics. However, while such characteristics are exhaustive in the owner's market, they...
Persistent link: https://www.econbiz.de/10004980656
This paper considers statistical discrimination in rental markets, using a rich data set on rental contracts from Norway. We find that tenants born abroad pay a statistically significant and economically important premium for their dwelling units after controlling for a comprehensive set of...
Persistent link: https://www.econbiz.de/10004980723
This paper investigates household purchasing behavior in response to differing alcohol and tobacco taxes near an international border. Our study suggests that large tax differentials near borders induce economically important tax avoidance behavior that may limit a government’s ability to...
Persistent link: https://www.econbiz.de/10004980789
Linkage of different countries’ domestic permit markets for pollution rights into a single international market alters governments’ incentives, and may trigger adjustments of the number of allocated permits. First, this work finds that in a non-cooperative equilibrium, international...
Persistent link: https://www.econbiz.de/10004980850
This paper studies modeling of nonignorable nonresponse in panel surveys. A class of sequential conditional logistic models for nonresponse is considered. Model-based maximum likelihood estimation and imputation are used for estimating population proportions. Various models are evaluated, and...
Persistent link: https://www.econbiz.de/10004980973
Using a non cooperative climate policy game applied in the literature, we find that an agreement with international emissions trading leads to increased emissions and reduced efficiency.
Persistent link: https://www.econbiz.de/10010678276
This paper examines discrimination in the rental housing market. We analyze a rich data set on rental contracts from Norway. We find that tenants born abroad pay a statistically significant and economically important premium for their dwelling units after controlling for a comprehensive set of...
Persistent link: https://www.econbiz.de/10010574771
Using a non-cooperative climate policy game applied in the literature, we find that an agreement with international emissions trading leads to increased emissions and reduced efficiency.
Persistent link: https://www.econbiz.de/10010580539