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DIW Weekly Report 1/2 / 2021

German Construction Industry Remains on Its Path of Growth during the Coronavirus Recession

The coronavirus pandemic has led to a deep worldwide economic crisis. In many countries, the construction industry has been impacted. In Germany, however, construction activity is one of the economic sectors that has remained largely stable: In 2020, the total construction volume in Germany is expected to have increased by around four percent to 444 billion euros after increasing by around eight percent ...

2021| Martin Gornig, Claus Michelsen, Laura Pagenhardt
DIW Weekly Report 1/2 / 2020

Construction Industry an Important Pillar of the Economy: Investment Assistance Taking Effect

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
Externe referierte Aufsätze

Living Conditions and the Mental Health and Well-being of Refugees: Evidence from a Large-Scale German Survey

Refugees are at an increased risk of mental health problems and low subjective well-being. Living circumstances in the host country are thought to play a vital role in shaping these health outcomes, which, in turn, are prerequisites for successful integration. Using data from a representative survey of 4325 adult refugees who arrived in Germany between 2013 and 2016, we investigated how different living ...

In: Journal of Immigrant and Minority Health 22 (2020), S. 903-913 | Lena Walther, Lukas M. Fuchs, Jürgen Schupp, Christian von Scheve
Diskussionspapiere 1936 / 2021

Lender-Specific Mortgage Supply Shocks and Macroeconomic Performance in the United States

This paper provides evidence for the propagation of idiosyncratic mortgage supply shocks to the macroeconomy. Based on micro-level data from the Home Mortgage Disclosure Act for the 1990-2016 period, our results suggest that lender-specific mortgage supply shocks affect aggregate mortgage, house price, and employment dynamics at the regional level. The larger the idiosyncratic shocks to newly issued ...

2021| Franziska Bremus, Thomas Krause, Felix Noth
SOEPpapers 1111 / 2020

Measuring Housing Costs and Housing Affordability Using SOEP: An Example Applied to Older Households

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
Externe referierte Aufsätze

Social Policy or Crowding-out? Tenant Protection in Comparative Long-run Perspective

Private rental markets have become increasingly important since the Global Financial Crisis 2008–2009 and rent controls are back on the political agenda. Yet, they have received less attention from housing scholars than homeownership and public housing. This paper presents new data on the development of private tenancy legislation based on a content-coding of rent control, protection of tenants from ...

In: Housing Studies (2021), im Ersch. [online first: 2021-03-30] | Sebastian Kohl, Konstantin A. Kholodilin
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

Gentrification and Rent Control

Since the start of the century, particularly in urban centres, housing markets worldwide have experienced stark price and rent increases. As a consequence urban agglomerations have experienced strong changes in their neighbourhood composition with originally poorer, central areas gentrifying quickly. Governments have reacted by raising the topic of affordable housing on the...

20.01.2021| Niklas Gohl
Diskussionspapiere 1928 / 2021

Forward to the Past: Short-Term Effects of the Rent Freeze in Berlin

In 2020, Berlin enacted a rigorous rent-control policy: the “Mietendeckel” (rent freeze), aiming to stop rapidly growing rental prices. We evaluate this newly enacted but old-fashionably designed policy by analyzing its immediate supply-side effects. Using a rich pool of rent advertisements reporting asking rents and comprehensive dwelling characteristics, we perform hedonic-style Difference-in-Difference ...

2021| Anja M. Hahn, Konstantin A. Kholodilin, Sofie R. Waltl
Externe referierte Aufsätze

Where is the Consumer Center? A Case 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 ...

In: Regional Science Policy and Practice (2020), im Ersch. [online first: 2020-06-25] | Konstantin A. Kholodilin, Irina Krylova, Darya Kryutchenko
Diskussionspapiere 1846 / 2020

The Effects of Rent Control in Latin America: A Century of Regulations in Argentina

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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