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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
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
DIW Weekly Report 1/2 / 2019

Construction Industry Momentum Continues – State Stimulus Impacts Prices

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 to be supported by the flourishing residential construction sector, which ...

2019| Martin Gornig, Claus Michelsen, Martin Bruns
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

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
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
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

03.07.2019
Externe referierte Aufsätze

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
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)
Externe referierte Aufsätze

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
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