Thema Regionalwirtschaft

The Rise and Fall of Social Housing? Housing Decommodification in Long-run Comparison

The comparative study of housing decommodification lags behind classical welfare state research, while housing research itself is rich in homeownership studies but lacks comparative accounts of private and social rentals due to missing comparative data. Building on existing works and various primary sources, this study presents a new collection of up to forty-eight countries’ social housing shares ...

Social Policy or Crowding-out? Tenant Protection in Comparative Long-run Perspective

Private rental markets have become increasingly important since the Global Financial Crisis 2008–2009 and rent controls are back on the political agenda. Yet, they have received less attention from housing scholars than homeownership and public housing. This paper presents new data on the development of private tenancy legislation based on a content-coding of rent control, protection of tenants from ...

Realwirtschaftliche Aspekte der KMU-Finanzierung im Zuge der Coronakrise - Neues Vierteljahrsheft 3/2021 erschienen

In der vorangegangenen Ausgabe der DIW-Vierteljahrshefte zur Wirtschaftsforschung standen vornehmlich direkt von der Coronakrise betroffene Finanzmarktakteure im Fokus. Der vorliegende Band erweitert die Perspektive um Analysen zur realwirtschaftlichen Bedeutung der kleinen und mittleren Unternehmen (KMU) in Zeiten exogener Schocks sowie um weitere ökonomische Herausforderungen im Nachgang der ...

Structural Change, Landuse and Urban Expansion

Dieses Mal ist alles anders! Coronakrise und KMU-Finanzierung - Neues Vierteljahrsheft 2/2021 erschienen

Das Auftreten des Sars-CoV-2-Virus (inzwischen unter der Bezeichnung „Coronavirus“ bekannt) hat die globale Wirtschaft empfindlich in Unordnung gebracht. Es stellt einen geradezu lehrbuchmäßigen exogenen Schock dar, den die ökonomischen Akteure nunmehr als bis dato unbekannte Nebenbedingung in ihren individuellen Plänen berücksichtigen  sollten. Folgerichtig ...

Cost and Productivity Effects of Demographic Changes on Local Water Service

We investigate the impact of demographic changes on local public services taking the case of water service. We apply a structural production function approach to a large panel of German water utilities between 2003 and 2014. Exploring variation of population density and the population age structure across service areas and over time, we provide evidence that demographics and their changes significantly ...

Green Bonds’ Reputation Effect and Its Impact on the Financing Costs of the Real Estate Sector

This paper explores the effect of a firm’s reputation of being a green bond issuer on its financing costs. Using a sample of 73 listed Swedish real estate companies issuing in total about 1500 bonds over the period from 2011 till 2021, difference-in-difference analyses and instrumental variable estimations are applied to identify the causal impact of frequent green vis-à-vis frequent non-green bond ...

Do Individuals Adapt to All Types of Housing Transitions?

This paper provides one of the first tests of adaptation to the complete set of residential transitions. We use long-run SOEP panel data and consider the impact of all housing transitions, whether or not they involve a change in housing tenure or geographical movement, on both life satisfaction and housing satisfaction. Controlling for individual characteristics, some residential transitions affect ...

Lessons from an Aborted Second-Generation Rent Control in Catalonia

This study investigates the effects of short-lived rent control regulations introduced in Catalonia in September 2020 and revoked in March 2022. Using the microdata of the largest Spanish housing advertisement portal idealista between January 2017 and May 2022, we analyze the dynamics of prices and supply for dwellings offered for rent and for sale. We also examine separately the rental and sales markets. ...

The Long-Run Effects of Immigration: Evidence Across a Barrier to Refugee Settlement

After the end of World War II in 1945, millions of refugees arrived in what in 1949 became the Federal Republic of Germany. We examine their effect on today’s productivity, wages, income, rents, education, and population density at the municipality level. Our identification strategy is based on a spatial discontinuity in refugee settlement at the border between the French and US occupation zones in ...