Berlin Applied Micro Seminar (BAMS)
BAMS is a joint seminar by the DIW Berlin, the Hertie School of Governance, the HU Berlin and the WZB.
05.03.2018| Konrad Burchardi, Stockholm University
Construction industry continues very positive development – more room for modernization and renovation of existing buildings – construction prices rise sharply
The construction sector cycle will continue its upward course in the next two years according to the forecast of the German Institute for Economic Research (DIW Berlin), which makes its annual prognosis of construction volume on ...
The project investigates the effectiveness of the rent control for new rental contracts introduced in 2015. The effects of regulation on price formation in the regulated and unregulated housing market will be analyzed. In addition, the effects of the rent control on supply will be examined and the extent to which the law may have prevented investment will be studied.
SOEPpapers 997 / 2018
Longitudinal studies on associations between changes in living environment and health are few and focus on movers. Next to causal effects, differences in health between living environments can, however, result due to residential mobility. The present study explored changes in living environment related to (changes in) physical health among movers and non-movers. Causality was reinforced by a novel ...
2018| Benjamin Aretz, Gabriele Doblhammer, Fanny Janssen
SOEPpapers 1009 / 2018
In this paper, we show that, in terms of real disposable income, changes in housing expenditures dramatically exacerbate the trend of income inequality that has risen sharply in Germany since the mid-1990s. More specifically, whereas the 50/10 ratio of net household income increasesby 22 percentage points (pp) between 1993 and 2013, it increases by 62 pp for income net of housing expenditures. At the ...
2018| Christian Dustmann, Bernd Fitzenberger, Markus Zimmermann
SOEPpapers 1007 / 2018
We present empirical evidence on the heterogeneity in monetary policy transmission across countries with diﬀerent home ownership rates. We use household-level data together with shocks to the policy rate identiﬁed from high-frequency data. We ﬁnd that housing tenure reacts more strongly to unexpected changes in the policy rate in Germany and Switzerland –the OECD countries with the lowest home ownership ...
2018| Winfried Koeniger, Marc-Antoine Ramelet
DIW Weekly Report 45 / 2018
Residential rental markets regulations have become an integral part of everyday life in Germany as in almost all other countries. The strong house price and rent increases over the past decade have fueled social debate on this issue. Tenant movements worldwide are demanding tighter regulations and advocating for affordable housing as a central civil right. In contrast, those skeptical of regulation ...
2018| Konstantin A. Kholodilin, Jan Philip Weber, Steffen Sebastian
DIW Weekly Report 30/31 / 2018
Ten years after the worldwide financial and economic crisis was triggered by the American real estate market, real estate prices are rising around the globe. Concerns about a new housing bubble are growing. The present report based on OECD data for 20 countries demonstrates that this concern is not unwarranted. In eight countries, including the United Kingdom and the USA, the evolution of real estate ...
2018| Konstantin A. Kholodilin, Claus Michelsen
Weitere externe Aufsätze
Property wealth represents the most important wealth component in nearly all OECD countries. Homeownership is linked to wealth accumulation in several ways: Wealthier households are more likely to buy a house or apartment, home owners tend to save more and rising house values typically yield higher returns than money in a bank account. Moreover, owners can borrow on a mortgage to finance, e.g., the ...
Robin Tillmann, Marieke Voorpostel, Peter Farago ,
Social Dynamics in Swiss Society : Empirical Studies Based on the Swiss Household Panel
Life Course Research and Social Policies ; 9
| Ursina Kuhn, Markus Grabka
Diskussionspapiere 1727 / 2018
This paper introduces a new international longitudinal database of governmental housing policies. The regulations are measured using binary variables based on a thorough analysis of the real-time country-specific legislation. Three major restrictive policies are considered: rent control, protection from restriction, and housing rationing. The database covers 47 countries and states between 1910 and ...
2018| Konstantin A. Kholodilin