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242 results, from 81
  • DIW focus 2 / 2020

    Housing Policies Worldwide during Coronavirus Crisis: Challenges and Solutions

    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
  • Press Release

    Increasing numbers of older individuals in Germany burdened by housing costs

    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
  • SOEP Brown Bag Seminar

    Residential Segregation and Charitable Giving to Refugees

    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
  • SOEP Brown Bag Seminar

    Do immigrants prefer regions in which people are generally more open towards immigrants and immigration?

    In my dissertation, I analyse the effect of migrant-open climate on immigrant location choice: Do immigrants prefer regions in which people are generally more open towards immigrants and immigration? I argue that to maximise well-being, immigrants reduce their risk of facing discrimination by choosing regions of residence in which migrant-open climate is higher.To capture revealed...

    10.05.2019| Vera Guill (BGSS)
  • Weekly Report

    Construction industry momentum continues – state stimulus impacts prices

    By Martin Gornig, Claus Michelsen, and Martin Bruns According to the German Institute for Economic Research construction volume forecast, the country’s construction industry will continue to flourish in the coming years. Companies can count on a rise in the nominal construction volume of around 7.5 percent in 2019 and 6.5 percent next year. The industry’s business cycle continues ...

    14.01.2019| Martin Johannes Bruns, Martin Gornig, Claus Michelsen
  • Sonstige Publikationen des DIW / Monographien

    Evaluierung der Wohnungsbauprämie: Endbericht – Executive Summary ; Forschungsvorhaben: fe 6/17 ; Studie im Auftrag des Bundesministeriums der Finanzen (BMF)

    2019| Claus Michelsen (Projektltg.), Stefan Bach, Markus M. Grabka, Niklas Isaak, Konstantin A. Kholodilin, Maximilian Schäfer, Claudius Willem
  • Diskussionspapiere 1832 / 2019

    Rent Control, Market Segmentation, and Misallocation: Causal Evidence from a Large-Scale Policy Intervention

    This paper studies market segmentation that arises from the introduction of a price ceiling in the market for rental housing. When part of the market faces rent control, theory predicts an increase of free-market rents, a consequence of misallocation of households to housing units. We study a large-scale policy intervention in the German housing market in 2015 to document this mechanism empirically. ...

    2019| Andreas Mense, Claus Michelsen, Konstantin A. Kholodilin
  • DIW Weekly Report 32 / 2019

    High Risk of a Housing Bubble in Germany and Most OECD Countries

    Housing prices in many countries have increased significantly over the past years, fueling a fear that speculative price bubbles will return. However, it can be difficult for policymakers to recognize when regulatory interventions in the market are necessary to counteract bubbles. This report shows how modern machine learning methods can be used to forecast speculative price bubbles at an early stage. ...

    2019| Konstantin A. Kholodilin, Claus Michelsen
  • Other refereed essays

    The Effects of Second-Generation Rent Control on Land Values

    Second generation rent control seeks to prevent negative quantity effects by exempting newly built units. The artificially lowered rent in the controlled segment makes renting attractive for households that would otherwise not have rented in the market, replacing households with higher willingness to pay for housing. These households bid up prices in the free market segment, giving rise to an opposite-sign ...

    In: AEA Papers and Proceedings 109 (2019), S. 385-388 | Andreas Mense, Claus Michelsen, Konstantin A. Kholodilin
  • Refereed essays Web of Science

    The Preservation of Historic Districts - Is It Worth It?

    I investigate the welfare effect of conservation areas that preserve historic districts by regulating development. Such regulation may improve the quality of life but does so by reducing housing productivity—that is, the efficiency with which inputs (land and non-land) are converted into housing services. Using a unique panel dataset for English cities and an instrumental variable approach, I find ...

    In: Journal of Economic Geography 19 (2019), 2, S. 433-464 | Sevrin Waights
242 results, from 81
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