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Diskussionspapiere 1846 / 2020
Following World War I, rent control became a standard policy response to the housing shortage and the resulting rent increases. Typically, economists blame it for creating inefficiencies in the housing market and beyond. We investigate whether rental market regulations (including rent control, protection of tenants from eviction, and housing rationing) had any effects in a middle-income Latin American ...
2020| Alejandro D. Jacobo, Konstantin A. Kholodilin
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DIW Weekly Report 1/2 / 2020
The construction industry is increasingly becoming a key pillar of the business cycle in Germany. DIW Berlin’s construction volume calculation indicates a real expansion of construction services by around three percent each year over the next two years. In nominal terms, sales in the construction industry and its related sectors will grow by around 6.5 percent in 2020 and almost six percent in 2021. ...
2020| Martin Gornig, Claus Michelsen, Laura Pagenhardt
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Diskussionspapiere 1842 / 2020
Multivariate Adaptive Regression Spline (MARS) is a simple and powerful non-parametric technique that automatizes the selection of non-linear terms in regression models. Non-linearities and spatial effects are natural characteristics in numerous spatial hedonic pricing models. In this paper, we propose using the MARS data-driven methodology combined with the Instrumental Variables method in order to ...
2020| Fernando A. López, Konstantin A. Kholodilin
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Diskussionspapiere 1839 / 2020
The (re-)introduction of rent regulation in the form of rent controls, tenant protection or supply rationing is back on the agenda of policymakers in light of rent inflation in many global cities. While rent control as social policy promises short-term relief, economists point to their negative long-run effects on new construction. This paper present long-run data on both rent regulation and housing ...
2020| Konstantin A. Kholodilin, Sebastian Kohl
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Externe Monographien
We quantify the contribution of rental income to pre- and post-government equivalent household income inequality and of housing wealth to net wealth inequality between 2002 and 2017 in Germany by means of a factor decomposition. Further, we differentiate by region types (urban vs. rural, large vs. small municipalities) and federal states. We find that housing wealth, housing ownership and rental income ...
Berlin:
Forum for a New Economy,
2020,
25 S.
(Forum for a New Economy Working Papers ; 7)
| Charlotte Bartels, Carsten Schroeder
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SOEPpapers 1111 / 2020
This paper explores the methodological issues to take into account when using SOEP as a database for calculating a measure of housing costs and housing affordability. For this purpose, we focus on the evolution of housing costs for households headed by elderly people between 1998 and 2018. Our review yields two clear conclusions: (1) that SOEP represents a valuable source of data for calculating household ...
2020| Alberto Lozano Alcántara, Laura Romeu Gordo
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Externe referierte Aufsätze
This study introduces a new international longitudinal database of governmental rental market regulations. The regulations are measured using binary variables based on a thorough analysis of real-time, country-specific legislation. Three major restrictive policies are considered: rent control, protection from restriction, and housing rationing. The database covers 101 countries and states between 1910 ...
In:
Housing Policy Debate
30 (2020), 6, S. 994-1015
| Konstantin A. Kholodilin
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DIW focus 2 / 2020
The coronavirus pandemic, which began in December 2019 and is currently spreading rapidly around the world, is having a noticeable impact on the economy and thus also on the real estate market. Since the measures to curb the spread are causing economic activities to decline massively, small and medium-sized companies in the service, hospitality, and transport sectors in particular, but the self-employed ...
2020| Konstantin A. Kholodilin
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Press Release
Housing costs have risen sharply since 1996, especially for renters - Two thirds of older renting households spend over 30 percent of their income on rent compared with 38 percent in 1996 – People living alone in particular are affected by high housing costs
Housing costs are rising in Germany. This is becoming a more widespread problem for individuals aged 65 and older, as their incomes are ...
03.07.2019
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SOEP Brown Bag Seminar
A large corpus of literature investigates how the presence of ethnic and economic out-group affects pro-social behavior. However, some long-standing theoretical controversies have not yet been resolved and empirical results are mixed. On the one hand, researchers associated with social identity and group-threat theories argue that out-group presence will drive down the pro-social behavior...
05.06.2019| Zbignev Gricevic