Following the critique of Pinkse & Slade (2010) and Gibbons & Overman (2012), we develop an instrument for the estimation of local price effects of cell phone base stations (CPBS) in an urban area. The instrument is derived from the spatial structure of the network and technical and regulatory...

The present paper analyses the effect of the distance to the nearest CPBS on listing prices of flats in the city of Nuremberg, and is related to a similar study of Brandt and Maennig (2012) in case of the city of Hamburg. Health effects of mobile phone radiation have been discussed vividly in...

A sectorally disaggregated CGE model is a powerful tool for economic policy simulation. Using the sectoral data, that are encompassing 71 sectors/commodities taken from the most recent input-output table refering to 2007, we were able to construct a detailed general equilibrium model for Germany...

This research project ranks German regions with help of interregional migration data instead of gross domestic product, household incomes, unemployment or quality of life estimates. Therefore we estimate regional utility differentials for German states and planning regions following the approach...

The prices and rents for flats in the most large German cities have been markedly grown in the last few years. This tendency will continue through 2013, too. Berlin, Hamburg, Munich, and Frankfurt am Main are leading in terms of growth of the home prices and rents. In these cities, the prices...

Untersuchungen über die Preise auf dem Markt für Wohnimmobilien geben in aller Regel Aufschluss über die Preise für Wohnungen in einer bestimmten Lage oder mit einer bestimmten Beschaffenheit. Das DIW Berlin hat ein Verfahren entwickelt, mit dem die Preise für verschiedenartige Wohnungen zu...

The construction or expansion of an airport leads to a significant increase in aircraft noise in the surrounding area, which, in turn, results in a marked reduction in the prices of houses or apartments located under the planned flight paths. Even expectations about future noise pollution can...

In this paper, we make multi-step forecasts of the monthly growth rates of the prices and rents for flats in 26 largest German cities. Given the small time dimension, the forecasts are done in a panel-data format. In addition, we use panel models that account for spatial dependence between the...

Over the past few years, prices and rents for flats went up in most German cities. This trend is expected to continue in 2013. Berlin, Hamburg, Munich, and Frankfurt am Main will still see the highest increases in property prices and rents. In these cities, housing prices are rising much faster...

In this paper, we examine the effects of an airport expansion on the prices of houses and flats located under the planned flight corridors. We focus on the role of expectations about the exposure to noise and find that proximity to the planned corridors significantly reduces real estate prices...