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DIW Economic Bulletin 38 / 2017
Residential heating is responsible for one-fifth of Germany’s energy consumption. Heating costs were around 562 euros per year for an average apartment in 2016, which is more than a 13th month’s rent minus heating costs (Kaltmiete). These are the findings of the 2016 Heat Monitor, published by the German Institute for Economic Research and ista Deutschland GmbH. The report presents evaluations based ...
2017| Claus Michelsen, Nolan Ritter
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Externe referierte Aufsätze
This paper assesses how far residential moves can result in improvement or deterioration of the housing and neighbourhood circumstances for families with young children. It uses data from the UK Millennium Cohort Study concentrating on the time between infancy and age 5, 2001 to 2006. First, we ask which families moved home and in what circumstances. We then examine how moving changed several aspects ...
In:
Population, Space and Place
23 (2017), 8, e2072
| Ludovica Gambaro, Heather Joshi, Ruth Lupton
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Externe referierte Aufsätze
While cash housing benefits are generally included in household disposable income, the effect of social housing is not accounted for. This may provide a misleading picture of the impact of overall housing policies on inequality and poverty, as countries use different policies to help households meet their housing expenses. In this article, we present the first comprehensive study of the impact of in-kind ...
In:
Journal of Housing and the Built Environment
32 (2017), 2, S. 289-312
| Gerlinde Verbist, Markus M. Grabka
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Diskussionspapiere 1666 / 2017
In an urban economy, the distribution of people and real estate prices depends on the location of the central business district of a city. As distance from the city center increases, both prices and population density diminish, for travel costs increase in terms of time and money. As manufacturing gradually leaves the cities, the importance of consumer amenities as attractors of population to the urban ...
2017| Konstantin A. Kholodilin, Irina Krylova, Darya Kryutchenko
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Diskussionspapiere 1663 / 2017
Mexico plans to implement a national program to support the adoption of distributed photo-voltaic generation (DPVG) among qualified households. The main objectives of such a program would be to reduce the burden of the substantial federal energy subsidy and increase the share of renewable energy sources used to generate electricity. In this paper we assess the current conditions under which the Mexican ...
2017| Pedro I. Hancevic, Hector M. Nunez, Juan Rosellón
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Diskussionspapiere 1649 / 2017
Despite rather skeptical attitude of the economists toward the state intervention in the housing markets, the policy makers and general public typically are supporting it. As a result, in many European countries, since World War I the rent and eviction controls as well as social housing policies remain an important element of the government economic policies. Nevertheless, the macroeconomic effects ...
2017| Konstantin A. Kholodilin, Julien Licheron
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DIW Economic Bulletin 6/7 / 2017
A significant rise in Germany’s construction volume is expected for this year and the next, even if the growth is not as pronounced as it was in 2016. According to DIW Berlin’s latest construction volume calculations, the sum of all new construction and building refurbishments will increase in real terms by 1.6 and 2.4 percent in 2017 and 2018, respectively, from a rate of 2.5 percent in 2016. New ...
2017| Martin Gornig, Claus Michelsen
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Diskussionspapiere 1636 / 2017
This paper investigates the link between mortgage supply shocks at the banklevel and regional house price growth in the U.S. using micro-level data on mortgage markets from the Home Mortgage Disclosure Act for the 1990-2014 period. Our results suggest that bank-specific mortgage supply shocks indeed affect house price growth at the regional level. The larger the idiosyncratic shocks to newly issued ...
2017| Franziska Bremus, Thomas Krause, Felix Noth
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Externe referierte Aufsätze
In this article, we examine whether the local indicators are able to predict the city-level housing prices and rents better than national indicators. For this purpose, we assess the forecasting ability of 126 indicators and 21 types of forecast combinations using a sample of 71 large German cities. There are several predictors that are especially useful, namely price-to-rent ratios, national-level ...
In:
Applied Economics
49 (2017), 42, S. 4271-4297
| Konstantin A. Kholodilin, Boriss Siliverstovs
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Externe referierte Aufsätze
We study the effectiveness of building energy codes, taking a long-run perspective. The focus is on regulation’s impact on energy demand in both high- and low-quality residences, in other words, the diffusion and the entry of “green” buildings in the housing market. We develop a measure for regulation intensity and apply this to a panel-error-correction regression model for energy requirements of a ...
In:
Land Economics
93 (2017), 4, S. 585-607
| Makram El-Shagi, Claus Michelsen, Sebastian Rosenschon