Distinguishing between short-run and long-run outcomes we provide new insight into the relationship between education and migration. We examine the specific link between the acquisition of high levels of human capital in the form of university education in Turkey and migration to Germany. We...

Distinguishing between short-run and long-run outcomes we provide new insight into the relationship between education and migration. We examine the specific link between the acquisition of high levels of human capital in the form of university education in Turkey and migration to Germany. We...

The domestic saving and investment correlation as posited by Feldstein and Horioka is revisited for Turkey and tested over the whole period (1950-2017) and the two subperiods (1950-1989 and 1990-2017). The time-series properties of the data and the presence of structural breaks are properly...

The slowdown in the global economy and the uncertainties caused by Brexit have affected the export-oriented German economy, which is expected to grow by only 0.5 percent this year. However, the German economy has not slid into a crisis due to marked fiscal policy stimuli and favorable...

The present report presents new historical data based on country comparisons and research results regarding rent control and its long-term effect on the home ownership rate in 27 countries. Policy measures of rent control, protection against eviction, and housing space management have been...

Die Abkühlung der Weltkonjunktur und die Unsicherheiten durch den Brexit haben der exportorientierten deutschen Wirtschaft zugesetzt. Sie dürfte in diesem Jahr nur um 0,5 Prozent wachsen. Dass die deutsche Wirtschaft aber nicht in eine ernsthafte Krise rutschen dürfte, ist den kräftigen...

Der Beitrag stellt neue historische ländervergleichende Daten und Forschungsergebnisse zur Mietregulierung und ihren langfristigen Auswirkungen auf die Wohneigentumsquote in 27 Ländern vor. Die Regulierung von Mieten, der Kündigungsschutz und die Wohnraumlenkung wurden als Maßnahmen der...

This paper studies market segmentation that arises from the introduction of a price ceiling in the market for rental housing. When part of the market faces rent control, theory predicts an increase of free-market rents, a consequence of misallocation of households to housing units. We study a...