Narrow search
Showing 1 - 10 of 639
Cover Image
The house price-vacancy curve
Lerbs, Oliver; Teske, Markus - 2016
Individual sales prices and local vacancy rates in the housing market pose a natural analogy to the wage curve, a popular concept in labor economics that describes how individual wages decrease with higher local unemployment. While housing search and matching models and housing externalities...
Persistent link: https://www.econbiz.de/10011570572
Cover Image
Numeracy and the quality of on-the-job decisions : evidence from loan officers
Brown, Martin; Kirschenmann, Karolin; Spycher, Thomas - 2017
accurate in assessing the credit risk of borrowers. The effect is most pronounced during the pre-crisis credit boom period when …
Persistent link: https://www.econbiz.de/10011687888
Cover Image
Ist eine makroprudenzielle Regulierung des deutschen Hypothekenmarktes geboten?
Lerbs, Oliver; Voigtländer, Michael - 2017
Die Bundesregierung hat neue Instrumente der makroprudenziellen Regulierung für den deutschen Hypothekenmarkt geschaffen. Dieser Aufsatz untersucht die Notwendigkeit der Anwendung dieser Instrumente vor dem Hintergrund bestehender Finanzierungsgewohnheiten und Regulierungen. Angesichts der im...
Persistent link: https://www.econbiz.de/10011696398
Cover Image
Ist eine makroprudenzielle Regulierung des deutschen Hypothekenmarktes geboten?
Lerbs, Oliver; Voigtländer, Michael - 2018
Die Bundesregierung hat neue Instrumente der makroprudenziellen Regulierung für den deutschen Hypothekenmarkt geschaffen. Dieser Aufsatz untersucht die Notwendigkeit der Anwendung dieser Instrumente vor dem Hintergrund bestehender Finanzierungsgewohnheiten und Regulierungen. Angesichts der im...
Persistent link: https://www.econbiz.de/10011876241
Cover Image
Aging and urban house prices
Hiller, Norbert; Lerbs, Oliver - 2016 - This version: July 2016
local house prices in different market segments. For estimation purposes, we combine city-level demographic information with … city size, purchasing power and mortgage rates, we find that real urban house price appreciation tends to be substantially …
Persistent link: https://www.econbiz.de/10011576969
Cover Image
Aging and urban house prices
Hiller, Norbert; Lerbs, Oliver - 2015
price of local housing. For estimation purposes, we combine city-level demographic information with housing price data for …
Persistent link: https://www.econbiz.de/10010510612
Cover Image
Volatilitätseffekte am US-amerikanischen Häusermarkt
Schindler, Felix - 2009
Während direkte Immobilieninvestments lang Zeit als renditeträchtig bei gleichzeitig begrenztem Risiko galten, führte …, sondern auch für das Risiko-Management bei Hypothekenfinanzierern sowie für wirtschaftspolitische Institutionen, Zentralbanken …
Persistent link: https://www.econbiz.de/10003881343
Cover Image
How efficient is the U.K. housing market?
Schindler, Felix - 2010
Extending the controversial findings from the relevant literature, the results from the quarterly transaction-based Nationwide indices from 1974 to 2009 provide further empirical evidence on the rejection of the weak-form version of efficiency in the U.K. housing market. In addition to...
Persistent link: https://www.econbiz.de/10003969872
Cover Image
Further evidence on the (in-) efficiency of the U.S. housing market
Schindler, Felix - 2010
Extending the controversial findings from relevant literature on testing the efficient market hypothesis for the U.S. housing market, the results from the monthly and quarterly transaction-based Case-Shiller indices from 1987 to 2009 provide further empirical evidence on the rejection of the...
Persistent link: https://www.econbiz.de/10003919079
Cover Image
The residency discount for rents in Germany and the Tenancy Law Reform Act 2001 : evidence from quantile regressions
Fitzenberger, Bernd; Fuchs, Benjamin - 2016
Most countries show a residency discount in rents for sitting tenants. In the wake of strong rent increases and housing shortages, Germany implemented a reform in 2001 to curtail rent increases. Based on linked housing-tenant data for Germany, this paper estimates panel OLS and quantile...
Persistent link: https://www.econbiz.de/10011422580