Does the rental housing market stabilize the economy? A micro and macro perspective
Sign Up to like & getrecommendations! Published in 2019 at "Empirical Economics"
DOI: 10.1007/s00181-019-01638-z
Abstract: The size of the rental housing market in most countries around the globe is small. In this article, we claim that this may be detrimental to macroeconomic stability. We do it in three steps. First,… read more here.
Keywords: housing; stabilize economy; rental housing; market stabilize ... See more keywords
Is the Korean housing market following Gangnam style?
Sign Up to like & getrecommendations! Published in 2020 at "Empirical Economics"
DOI: 10.1007/s00181-020-01931-2
Abstract: Gangnam is a prime district in Korea known for its expensive real estate market due to convenient transportation, shopping and business centers, and elite schools and academies in the area. This paper examines spillovers and… read more here.
Keywords: regional housing; market; korean housing; housing ... See more keywords
When Power Plants Leave Town: Environmental Quality and the Housing Market in China
Sign Up to like & getrecommendations! Published in 2020 at "Environmental and Resource Economics"
DOI: 10.1007/s10640-020-00517-x
Abstract: Air pollution is a major environmental issue in China. This paper exploits the relocation of two major power plants in a large Chinese city as a quasi-natural experiment to examine the effect of changes in… read more here.
Keywords: housing market; housing; quality; power plants ... See more keywords
Trader differences in Shanghai’s A-share and B-share markets: Effects on interaction with the Shanghai housing market
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Asian Economics"
DOI: 10.1016/j.asieco.2019.07.001
Abstract: Abstract This study analyzes the relationship between the second-hand house price index of Shanghai and Shanghai stock market indices distinguishing between the A-share market, in which Chinese investors predominate, and the B-share market, in which… read more here.
Keywords: share market; housing market; house; market ... See more keywords
Chinese Housing Market and Bank Credit
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DOI: 10.1016/j.asieco.2021.101361
Abstract: Abstract This paper presents an empirical analysis of the determinants of housing prices using the province-level panel data that covers all the regions in China for the period 1999–2015. The bank credit is the primary… read more here.
Keywords: chinese housing; bank credit; housing market; housing ... See more keywords
The impact of monetary policy on housing market activity: An assessment using sign restrictions
Sign Up to like & getrecommendations! Published in 2018 at "Economic Modelling"
DOI: 10.1016/j.econmod.2017.04.013
Abstract: Existing research demonstrates that housing, particularly residential investment, plays an important role in the transmission of monetary policy shocks to the overall economy. With this in mind, this paper investigates the relationship between monetary policy… read more here.
Keywords: policy; monetary policy; policy housing; housing market ... See more keywords
Niching in cities under pressure. Tracing the reconfiguration of community psychiatric care and the housing market in Berlin
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DOI: 10.1016/j.geoforum.2019.01.018
Abstract: Abstract Community psychiatry services in Berlin are currently facing serious challenges providing care to their clients due to a strained housing market and a lack of housing for people with low income or on welfare.… read more here.
Keywords: community; care; housing market; community psychiatry ... See more keywords
Measuring the degree of speculation in the residential housing market: A spatial econometric model and its application in China
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DOI: 10.1016/j.habitatint.2017.06.005
Abstract: Abstract Since the housing marketization reform, China's real estate industry has rapidly developed and commercial housing prices have risen sharply. The main reason for this is the speculative demand for housing, which breaks the equilibrium… read more here.
Keywords: speculation; housing prices; housing; china ... See more keywords
Immigration and housing: A spatial econometric analysis
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DOI: 10.1016/j.jhe.2017.01.002
Abstract: In this paper we examine the effect of immigration into the U.S. on the U.S. housing market, both in terms of rents and single family house prices. We model the housing market in a spatial… read more here.
Keywords: immigration housing; immigration; spatial econometric; housing ... See more keywords
Contexts and conditions of ethnic discrimination: Evidence from a field experiment in a German housing market
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Housing Economics"
DOI: 10.1016/j.jhe.2017.01.003
Abstract: People's housing conditions and places of residence have serious impacts on individual well-being and social stratification. This article focuses on different forms of ethnic discrimination in the rental housing market. Several hypotheses on statistical discrimination,… read more here.
Keywords: ethnic discrimination; housing; field experiment; housing market ... See more keywords
News and noise bubbles in the housing market
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DOI: 10.1016/j.red.2019.08.001
Abstract: Abstract Employing a non-standard VAR technique, I decompose house price movements into news and noise shocks and I analyze their macroeconomic effects in the US between 1963 and 2016. News shocks are identified as disturbances… read more here.
Keywords: housing market; news; news noise; housing ... See more keywords