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Author : Aida Caldera Sánchez
Publisher :
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4.:/5 (71 download)
Download or read book The Price Responsiveness of Housing Supply in OECD Countries written by Aida Caldera Sánchez and published by . This book was released on 2011 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Price Responsiveness of Housing Supply in OECD Countries written by and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Maria Chiara Cavalleri
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (114 download)
Download or read book How Responsive are Housing Markets in the OECD? National Level Estimates written by Maria Chiara Cavalleri and published by . This book was released on 2019 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The trend rise of house prices in many OECD countries suggests weakness in the adjustment of supply to demand. This paper estimates long-term elasticities of housing supply to prices in OECD countries before exploring their drivers with a focus on policies. It finds a significant association between weaker supply responsiveness and a proxy measure for more restrictive land-use regulation. Besides, tighter rent controls are linked with lower supply elasticities. In turn, weak supply responsiveness implies that house prices rise more following stronger demand. The sensitivity of house prices to household income is also higher in countries that provide larger amounts of tax relief for homeowners
Author : Manuel Bétin
Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (129 download)
Download or read book How Responsive are Housing Markets in the OECD? Regional Level Estimates written by Manuel Bétin and published by . This book was released on 2019 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making housing more affordable ranks high on the policy agenda across the world. One way to achieve affordable housing is to ensure sufficiently elastic supply of the housing stock in response to demand shocks. This paper aims at disentangling policy from non-policy drivers in explaining cross-regional differences in housing supply elasticities. It uses GIS data to account for the presence of natural and man-made obstacles to residential construction in functional urban areas across the 12 OECD countries that provide sufficiently long time series for regional house prices. The results suggest that the presence of water, steep land, parks and high-density urban areas all restrict the supply of housing. However, there remain very large differences in supply elasticities across countries, which corroborates the finding from national analysis that policies have a strong influence.
Author : Ms.Nan Geng
Publisher : International Monetary Fund
ISBN 13 : 1484369122
Total Pages : 24 pages
Book Rating : 4.4/5 (843 download)
Download or read book Fundamental Drivers of House Prices in Advanced Economies written by Ms.Nan Geng and published by International Monetary Fund. This book was released on 2018-07-18 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: House prices in many advanced economies have risen substantially in recent decades. But experience indicates that housing prices can diverge from their long-run equilibrium or sustainable levels, potentially followed by adjustments that impact macroeconomic and financial stability. Therefore there is a need to monitor house prices and assess whether they are sustainable. This paper focuses on fundamentals expected to drive long run trends in house prices, including institutional and structural factors. The scale of potential valuation gaps is gauged on the basis of a cross-country panel analysis of house prices in 20 OECD countries.
Author : Manuel Bétin
Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (114 download)
Download or read book How Responsive are Housing Markets in the OECD? Regional Level Estimates written by Manuel Bétin and published by . This book was released on 2019 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Making housing more affordable ranks high on the policy agenda across the world. One way to achieve affordable housing is to ensure sufficiently elastic supply of the housing stock in response to demand shocks. This paper aims at disentangling policy from non-policy drivers in explaining cross-regional differences in housing supply elasticities. It uses GIS data to account for the presence of natural and man-made obstacles to residential construction in functional urban areas across the 12 OECD countries that provide sufficiently long time series for regional house prices. The results suggest that the presence of water, steep land, parks and high-density urban areas all restrict the supply of housing. However, there remain very large differences in supply elasticities across countries, which corroborates the finding from national analysis that policies have a strong influence
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264464948
Total Pages : 222 pages
Book Rating : 4.2/5 (644 download)
Download or read book OECD Fiscal Federalism Studies Bricks, Taxes and Spending Solutions for Housing Equity across Levels of Government written by OECD and published by OECD Publishing. This book was released on 2023-10-26 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report addresses housing inequities through a series of analytical chapters and case studies. The cross-country chapters examine the effects of the COVID-19 pandemic on housing demand, develop a proposal for a green land value tax, evaluate the dynamics between fiscal autonomy and housing supply responsiveness, as well as explore the drivers of inter-regional migration.
Author : Alexander Ludwig
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (318 download)
Download or read book The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries written by Alexander Ludwig and published by International Monetary Fund. This book was released on 2002 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper quantifies the different impact of stock and house prices on consumption using data for 16 OECD countries. The analysis finds that the long-run impact of an increase in stock prices and house prices is in general higher in countries with a market-based financial system. The sensitivity of consumption to changes in stock wealth is about twice as large as the sensitivity to changes in housing wealth. Splitting the sample into the 1980s and 1990s shows that both countries with a market-based financial system and countries with a bank-based financial system moved toward a higher degree of responsiveness of consumption to changes in stock prices and house prices.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264739874
Total Pages : 174 pages
Book Rating : 4.2/5 (647 download)
Download or read book Brick by Brick Building Better Housing Policies written by OECD and published by OECD Publishing. This book was released on 2021-05-31 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report brings together evidence, international experience and policy insights for the design of housing policies. Emphasis is placed on three broad aspects: inclusiveness, efficiency and sustainability. Inclusive access to housing has become increasingly challenging in many OECD countries due to a large extent to rising housing costs, which reflects the failure of housing supply to meet demand, particularly in jobs-rich urban areas.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264862684
Total Pages : 143 pages
Book Rating : 4.2/5 (648 download)
Download or read book OECD Tax Policy Studies Housing Taxation in OECD Countries written by OECD and published by OECD Publishing. This book was released on 2022-07-21 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Housing Taxation in OECD Countries provides a comparative assessment of housing tax policies in OECD countries and identifies options for reform. The study starts with an overview of recent housing market trends and challenges and an analysis of the distribution of housing assets.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264310274
Total Pages : 146 pages
Book Rating : 4.2/5 (643 download)
Download or read book OECD Economic Survey of the United States: Key Research Findings written by OECD and published by OECD Publishing. This book was released on 2019-01-08 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume collects four studies that were prepared as background research to the 2018 OECD Economic Survey of the United States. Using micro-data survey responses, regional and sectorial data, these studies seek to provide insights into employment responds to labour market disruption ...
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 926426860X
Total Pages : 208 pages
Book Rating : 4.2/5 (642 download)
Download or read book OECD Regional Development Studies The Governance of Land Use in OECD Countries Policy Analysis and Recommendations written by OECD and published by OECD Publishing. This book was released on 2017-05-02 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Land use has important consequences for the environment, public health, economic productivity, inequality and social segregation. Land use policies are often complex and require co-ordination across all levels of government as well as across policy sectors. Not surprisingly, land use decisions ...
Author : Orsetta Causa
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (122 download)
Download or read book Should I Stay Or Should I Go? written by Orsetta Causa and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264301402
Total Pages : 115 pages
Book Rating : 4.2/5 (643 download)
Download or read book OECD Economic Surveys: United States 2018 written by OECD and published by OECD Publishing. This book was released on 2018-06-06 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current expansion in the United States is one of the longest on record. Economic growth since the financial crisis has also been amongst the strongest in the OECD. Robust job growth has helped bring people into employment and reduce the unemployment rate. Partly as a result, wellbeing is ...
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264278419
Total Pages : 151 pages
Book Rating : 4.2/5 (642 download)
Download or read book OECD Economic Surveys: France 2017 written by OECD and published by OECD Publishing. This book was released on 2017-09-14 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: GDP is set to grow fairly strongly in 2017-18, supported by private consumption and investment. The labour market has started to improve. However, productivity gains are too low to sustain social protection, high-quality public services and rising incomes in the long run.
Author : Rob Nijskens
Publisher : Springer
ISBN 13 : 3030116743
Total Pages : 220 pages
Book Rating : 4.0/5 (31 download)
Download or read book Hot Property written by Rob Nijskens and published by Springer. This book was released on 2019-06-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264092587
Total Pages : 241 pages
Book Rating : 4.2/5 (64 download)
Download or read book Economic Policy Reforms 2011 Going for Growth written by OECD and published by OECD Publishing. This book was released on 2011-04-07 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Going for Growth 2011 highlights the structural reforms needed to restore long-term growth in the wake of the crisis. For each OECD country and, for the first time, six key emerging economies (Brazil, China, India, Indonesia, Russia and South Africa), five reform priorities are identified.
