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Economic Bulletin
The construction industry remains a key pillar of the German economy. According to the latest construction volume calculations by DIW Berlin, the value of construction in 2014 and 2015 is forecast to grow far more rapidly than the economy as a whole: by a price-adjusted 3.3 percent and 2.1 percent in 2014 and 2015, respectively. Currently, new residential construction is an important engine for growth ...
14.01.2015| Martin Gornig, Claus Michelsen
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SOEPpapers 760 / 2015
We investigate the effect of the physical presence of wind turbines on residential well-being in Germany, using panel data from the German Socio-Economic Panel (SOEP) and a unique novel panel data set on more than 20,000 wind turbines for the time period between 2000 and 2012. Using a Geographical Information System (GIS), we calculate the proximity between households and the nearest wind turbine as ...
2015| Christian Krekel, Alexander Zerrahn
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DIW Economic Bulletin 19 / 2015
The energy transition will require considerable increases in energy efficiency, particularly in residential buildings. Financial support mechanisms, information and adviceprograms and dedicated training and certification of craftsmen are already in place to stimulate energy efficiency investment. Nevertheless, the required annual rate of thermal building refurbishment of around two percent is so far ...
2015| Claus Michelsen, Karsten Neuhoff, Anne Schopp
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DIW Economic Bulletin 19 / 2015
2015
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Diskussionspapiere 1477 / 2015
Before the World War I, the urban rental housing market in Germany could be described as a free and competitive market. The government hardly interfered in the relationships between the landlords and ten- ants. The rents were set freely. During the World War I, the market was hit by several violent shocks. The outbreak of the war led initially to a huge outflow of men from cities to the fronts. Towards ...
2015| Konstantin A. Kholodilin
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DIW Economic Bulletin 9 / 2015
Aircraft noise is a particularly problematic source of noise as many airports are located in or near major cities and, as a result, densely populated areas are affected. Data from the Berlin Aging Study II (Berliner Altersstudie II, BASE-II), whose socio-economic module is based on the longitudinal Socio-Economic Panel (SOEP) study which has been conducted since 1984, allows us to examine the effect ...
2015| Peter Eibich, Konstantin Kholodilin, Christian Krekel, Gert G. Wagner
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DIW Economic Bulletin 9 / 2015
2015
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DIW Roundup 53 / 2015
After a period of stagnation that lasted for almost two decades, German house prices began to grow at an accelerated pace since late 2010. Real house prices that even had been declining in 2000-2008 started to climb up steeply from the second half of 2010, followed by a recovery of construction activities. This development raised concerns about the formation of a speculative house price bubble among ...
2015| Konstantin A. Kholodilin, Claus Michelsen, Dirk Ulbricht
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DIW Economic Bulletin 3 / 2015
The construction industry remains a key pillar of the German economy. According to the latest construction volume calculations by DIW Berlin, the value of construction in 2014 and 2015 is forecast to grow far more rapidly than the economy as a whole: by a price-adjusted 3.3 percent and 2.1 percent in 2014 and 2015, respectively. Currently, new residential construction is an important engine for growth ...
2015| Martin Gornig, Claus Michelsen
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SOEPpapers 815 / 2015
In this paper we shall examine homeownership trends over the past 3 to 4 decades and discuss differences related to the homeownership gap for women and men, with a focus on most recent trends. We shall compare differences in the US to those in countries with different institutional structures and shall pay particular attention to differences across family types. Our estimation techniques will allow ...
2015| Mariacristina Rossi, Eva Sierminska