This paper examines the global macro-dynamics of an OLG model with capital and land with rational expectations. Through the interactions between capital accumulation and land prices, the economy experiences phase transitions, endogenously moving back and forth from situations with unique and...

Der Wohnungsmarkt ist aus den Fugen geraten. Wer die teuren Mieten in den Innenstädten nicht bezahlen kann, wird verdrängt. Die Politik scheint machtlos, der soziale Frieden ist in Gefahr. Florian Schmidt setzt sich schon seit Jahren für soziales Wohnen in den Städten ein, früher als...

This paper studies the role of disagreement in amplifying housing cycles. Speculation is easier in the land market than in the housing market due to frictions that make renting less efficient than owner-occupancy. As a result, undeveloped land both facilitates construction and intensifies the...

This paper studies the role of disagreement in amplifying housing cycles. Speculation is easier in the land market than in the housing market due to frictions that make renting less efficient than owner-occupancy. As a result, undeveloped land both facilitates construction and intensifies the...

This paper empirically examines the emergence and functioning of land markets and their impacts on deforestation in Sumatra, Indonesia. While the evolution of land markets is expected to promote deforestation activities by rural households, we find no sizeable impact, due to two major reasons....

In this paper we determine whether speculative bubbles in one region in the US can lead bubbles to form in others. We first apply a regime-switching model to determine whether speculative bubbles existed in the US regional residential real estate markets. Our findings suggest that the housing...

This paper empirically examines the emergence and functioning of land markets and their impacts on deforestation in Sumatra, Indonesia. While the evolution of land markets is ex-pected to promote deforestation activities by rural households, we find no sizeable impact, due to two major reasons....

Preface: from Narmada to Rajpura -- Introduction -- Genesis of the land broker state -- Rajpura -- Dispossession -- Differentiation by speculation -- Peasants in a knowledge economy -- On the margins of a world city -- Reprise: dispossession without development -- Politics after dispossession --...

"This history of Texas land grants reveals details of one of the largest state land distributions in American history. Induced by titles and estates, Spanish adventurers established themselves in the frontier, followed by traders and artisans. Mexico launched a land grant program through...

In modern macroeconomic models it is difficult to obtain explosive price bubbles on assets with positive net supply. This paper shows that it is possible to obtain explosive bubbles in certain situations when assets such as land are used as collateral and lenders are willing to lend freely...

We develop a simple model of a speculative housing market in which the demand for houses is influenced by expectations about future housing prices. Guided by empirical evidence, agents rely on extrapolative and regressive forecasting rules to form their expectations. The relative importance of...

We develop a simple model of a speculative housing market in which the demand for houses is influenced by expectations about future housing prices. Guided by empirical evidence, agents rely on extrapolative and regressive forecasting rules to form their expectations. The relative importance of...

An unprecedented land grab is taking place around the world. Fearing future food shortages or eager to profit from them, the world`s wealthiest and most acquisitive countries, corporations, and individuals have been buying and leasing vast tracts of land around the world. The scale is...

Der Journalist und Experte für Fragen der Welternährung propagierte schon in seinem Buch über die Ursachen der Welternährungskrise (vgl. W. Bommert: "Kein Brot für die Welt", BA 12/09) eine notwendige Kehrtwende in der Agrarpolitik, um den Hunger zu beseitigen. Auch im Kampf internationaler...

Es ist der größte Landraub der Geschichte: Seit der Krise 2008 bringen weltweit Regierungen, Konzerne und »Finanzinvestoren« fruchtbares Ackerland in ihren Besitz, vor allem in Afrika. Dort ist Land billig, es locken fantastische Gewinne. Ob als Produktionsort für Export-Gemüse und...

Intro -- About the series -- About the editors -- Tables, figure, boxes and maps -- Table 3.1 The share of different countries and regions of total world population and the world's total CO2 emissions, 2004 -- Table 3.2 Activities with CO2 emissions from burning of fossil fuels and CO2 emissions...

In modern macroeconomic models it is difficult to obtain explosive price bubbles on assets with positive net supply. This paper shows that it is possible to obtain explosive bubbles in certain situations when assets such as land are used as collateral and lenders are willing to lend freely...