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With the exception of anecdotal information, little is known about the specific effects on the value of a house because its ownership is restricted to people older than a certain age. This article provides an empirically-derived assessment of the impact on the selling price of single-family...
Persistent link: https://www.econbiz.de/10012790822
When the sources of external capital for Continental European firms are examined, debt has historically supplied a much larger percentage of the external capital than equity markets. Moreover, firms in Continental Europe often rely more on bank debt than bonds for their external funds. The...
Persistent link: https://www.econbiz.de/10012720438
This paper examines the effect of country-specific institutional constructs on the relationship between ownership concentration and performance for firms in the eight Continental European countries of Austria, Belgium, Germany, Spain, France, Italy, the Netherlands and Portugal. Using data from...
Persistent link: https://www.econbiz.de/10012720703
There exists today an unanswered question as to whether, and the degree to which, borrower characteristics impact the choice between fixed and adjustable rate mortgages. In this paper, we apply a neural network analysis to supply evidence that answers this question. We find evidence that the...
Persistent link: https://www.econbiz.de/10011005859
Persistent link: https://www.econbiz.de/10006921637
With the exception of anecdotal information, little is known about the specific effects on the value of a house because its ownership is restricted to people older than a certain age. This article provides an empirically-derived assessment of the impact on the selling price of single-family...
Persistent link: https://www.econbiz.de/10005693353
Empirical studies using multiple regression find the value of a residential property declines with its age. Because these results confirm the fact of physical deterioration of a house over time, little attention is paid to the statistical technique's inherent shortcomings. Accordingly, this...
Persistent link: https://www.econbiz.de/10005267661