The long-run U-shaped patterns of economic inequality are standardly explained by basic economic trends (Piketty's rg), taxation policies, or 'great levelers,' like catastrophes. This paper argues that housing policy, in particular rent control, is a neglected explanatory factor in understanding...

In 2020, Berlin enacted a rigorous rent-control policy: the 'Mietendeckel' (rent freeze), aiming to stop rapidly growing rental prices. We evaluate this newly enacted but old-fashionably designed policy by analyzing its immediate supply-side effects. Using a rich pool of rent advertisements...

[Einleitung] Das Produktionspotenzial ist eine zentrale Kenngröße für die mittelfristige Finanzplanung der Länder in der Europäischen Union. Sie beeinflusst sowohl die Steuerschätzung als auch den gemäß Europäischer Fiskalregeln festgelegten Finanzierungs- und Gestaltungsspielraum der...

This paper analyzes two dimensions of factors of political trust in Russia. The first is the target dimension (sociotropic vs. egocentric) and the second is the time dimension (retrospective vs. perspective). The study uses microdata from the 2016 Life in Transition Survey (LiTS) of the European...

As the institutional literature convincingly shows, socioeconomic phenomena are to a large extent shaped by the formal institutions, that is, legal acts (laws and ordinances). However, the latter are formulated in a specific language that is difficult to understand, let alone to measure....

Research background: We are guided by concepts linking political trust with the perceived rank of people in the wealth hierarchy, their confidence in other people, and the means they use to learn about events at home and abroad.Purpose of the article: The aim of the article is to assess and...

Rent control is a highly debated social policy that has been omnipresent since World War I. Since 2010s, it has been experiencing a true renaissance, for many cities and countries facing housing shortage are desperately looking for solutions of the chronic housing shortage and direct their...

Housing affordability is a hotly debated issue on global scale. A lack of affordable housing of decent quality is a chronic problem in urban areas. Governments try to alleviate it by stimulating homeownership among middle-income households and providing social housing for the low-income...

In 2020, Berlin introduced a rigorous rent-control policy responding to soaring rents by setting a cap on rental prices: the Mietendeckel (rent freeze). The policy was revoked one year later by the German Constitutional Court. Although successful in reducing rents during its duration, the...

This study investigates the effects of short-lived rent control regulations introduced in Catalonia in September 2020 and revoked in March 2022. Using the microdata of the largest Spanish housing advertisement portal idealista between January 2017 and May 2022, we analyze the dynamics of prices...