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208 results, from 91
  • DIW Economic Bulletin 25/26 / 2017

    No Germany-Wide Housing Bubble but Overvaluation in Regional Markets and Segments

    Although the housing prices in the 127 largest German cities have surged strongly in recent years, there is still no sign of a Germanywide housing bubble. In comparison with 2009, the price of condominiums has risen by around 55 percent. Single-family houses cost between 38 and 45 percent more in 2016 than seven years prior, and building lot prices have risen by around 63 percent. The study at hand ...

    2017| Konstantin A. Kholodilin, Claus Michelsen
  • Externe referierte Aufsätze

    Moving to a Better Place? Residential Mobility among Families with Young Children in the Millennium Cohort Study

    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
  • Externe referierte Aufsätze

    Distributive and Poverty-Reducing Effects of In-Kind Housing Benefits in Europe: With a Case Study for Germany

    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
  • Diskussionspapiere 1666 / 2017

    Where Is the Consumer Center of St. Petersburg?

    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
  • Diskussionspapiere 1663 / 2017

    Distributed Photovoltaic Power Generation: Possibilities, Benefits, and Challenges for a Widespread Application in the Mexican Residential Sector

    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
  • Diskussionspapiere 1649 / 2017

    Macroeconomic Effects of Rental Housing Regulations: The Case of Germany in 1950-2015

    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
  • DIW Economic Bulletin 6/7 / 2017

    Construction Sector: Full Order Books, Good Growth Prospects

    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
  • Diskussionspapiere 1636 / 2017

    Bank-Specific Shocks and House Price Growth in the U.S.

    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
  • Externe referierte Aufsätze

    Think National, Forecast Local: A Case Study of 71 German Urban Housing Markets

    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
  • SOEPpapers 938 / 2017

    The Space of Capital: A Latent Class Analysis of Capital Portfolios in Germany

    The aim of this paper is to construct the “space of capital” based on disaggregated measures of capital portfolios and to analyze the dynamics of class mobility over time. Drawing on Pierre Bourdieu’s concept of the “social space”, we argue that it is possible to directly assess the structural dimensions of the social space as a space of (economic and cultural) capital, including wealth as an important ...

    2017| Nora Waitkus, Olaf Groh-Samberg
208 results, from 91