Showing 1 - 10 of 36
One explanation of the recent real estate bubble might point to homeowners' artificially restricting housing supply. While empirical work has not found unequivocal evidence in support of this hypothesis, homeowners may well be restricting supply nonetheless, and without this restriction...
Persistent link: https://www.econbiz.de/10009671101
A country's urban silhouettes prophesy its future climate policy, or so this paper argues. The more its city silhouettes are skewed to the periphery, the more likely a country is to implement the carbon tax. This is why the effect of a country's urban form on greenhouse gas emissions -- a bone...
Persistent link: https://www.econbiz.de/10010488531
This paper argues that homeowners, if sufficiently influential, may attempt to manipulate housing prices. The paper presents an instance of, and sets out the political economy behind, one particular homeowner-made housing price bubble (in East Germany). Yet ultimately the paper suggests that...
Persistent link: https://www.econbiz.de/10003943078
Global emissions of CO2 need to fall lest climate change will accelerate. Any effective climate policy must raise the price of carbon consumption. From an urban perspective, one desirable effect of a carbon tax would be to induce households to move closer to where they work. This paper shows...
Persistent link: https://www.econbiz.de/10011543708
Persistent link: https://www.econbiz.de/10011281652
One explanation of the recent real estate bubble might point to homeowners' artificially restricting housing supply. While empirical work has not found unequivocal evidence in support of this hypothesis, homeowners may well be restricting supply nonetheless, and without this restriction...
Persistent link: https://www.econbiz.de/10010310132
At borders where rich and poor countries meet, services prices differ hugely. In principle, price differentials could be exploited to mutual benefit, offering improved job opportunities to the poor as well as better shopping opportunities to the rich. However, cross-border shopping is often...
Persistent link: https://www.econbiz.de/10010264347
This paper argues that homeowners, if sufficiently influential, may attempt to manipulate housing prices. The paper presents an instance of, and sets out the political economy behind, one particular homeowner-made housing price bubble (in East Germany). Yet ultimately the paper suggests that...
Persistent link: https://www.econbiz.de/10010276072
This paper identifies (unobservable) centrists and decentrists. Centrists support, whereas decentrists oppose, taxing carbon. The paper divides into two parts. Its theory derives estimators of centrists and decentrists; its empirical part provides estimates for U.S. metros and takes them to the...
Persistent link: https://www.econbiz.de/10015266944
We suggest that public housing matters for FDI. We assume that FDI creates gains for some residents and losses for others. Losers from FDI will oppose FDI. To win support for FDI, local government may want to pay compensation in cash. In the paper’s model, however, cash payments are not...
Persistent link: https://www.econbiz.de/10010293896