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Wages And House Prices
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Book Synopsis Compensation of Regional Unemployment in Housing Markets by : Jos van Ommeren
Download or read book Compensation of Regional Unemployment in Housing Markets written by Jos van Ommeren and published by CEPS. This book was released on 2005 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates, there is no compensation in labour markets? We hypothesize that workers in high-unemployment regions are compensated in housing markets. Modelling regional unemployment differentials as a consequence of centralized wage bargaining, we show that clearing of land markets may undo the incentive for workers to migrate to low-unemployment regions in general equilibrium. The compensating differentials hypothesis is tested on city-level data for several countries. Controlling for variation in income and amenities, housing is found to be about 3 percent less expensive on average in cities where unemployment is 10 percent up. An analysis of housing demand survey data, which takes account of housing heterogeneity, yields a similar negative relationship. The magnitude of the income effect generated by this compensating differential is consistent with a -0.10 wage curve elasticity. These findings weaken the case for regional support programs.
Book Synopsis House Prices and the Macroeconomy by : Charles Goodhart
Download or read book House Prices and the Macroeconomy written by Charles Goodhart and published by Oxford University Press. This book was released on 2007 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: House price bubbles, and their aftermath, have become a focus of macro-economic policy concern in most developed countries. This book elucidates the two-way relationship between house-price fluctuations and economic fundamentals. Housing has many features which make it distinct from other assets, like equity. Real estate is not only an asset but also a durable consumption good for households, providing shelter and other housing services. As a result, a house is often the largest and most important asset of households and therefore accounts for a major share of household wealth. Similarly a large share of bank assets is tied to housing values. House price fluctuations may, therefore, have a major effect on economic activity and the soundness of the financial system. Following an introductory chapter, the book is structured into three parts. The first demonstrates the importance of house prices as determinants or indicators of inflation and economic activity. The second focuses on the inter-relationships between bank credit extension and housing prices, and how bubbles can lead to financial crises. The third discusses resultant public policy issues, such as whether, and how, to include housing prices in a general inflation index, and how to restrain the housing/bank credit cycle.
Download or read book Financial Peace written by Dave Ramsey and published by Lampo. This book was released on 2002-01-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dave Ramsey explains those scriptural guidelines for handling money.
Book Synopsis Housing Markets in the United States and Japan by : Yukio Noguchi
Download or read book Housing Markets in the United States and Japan written by Yukio Noguchi and published by University of Chicago Press. This book was released on 2007-12-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Japan and the United States are the world's leading economies, there are significant differences in the ways their wealth is translated into living standards. A careful comparison of housing markets illustrates not only how living standards in the two countries differ, but also reveals much about saving patterns and how they affect wealth accumulation. In this volume, ten essays discuss the evolution of housing prices, housing markets and personal savings, housing finance, commuting, and the impact of public policy on housing markets. The studies reveal surprising differences in housing investment in the two countries. For example, because down payments in Japan are much higher than in the United States, Japanese tend to delay home purchases relative to their American counterparts. In the United States, the advent of home equity credit may have reduced private saving overall. This book is the first comparison of housing markets in Japan and the United States, and its findings illuminate the effects of housing markets on productivity growth, business investment, and trade.
Book Synopsis House Prices: Changing the City World by : Pengfei Ni
Download or read book House Prices: Changing the City World written by Pengfei Ni and published by Springer Nature. This book was released on 2019-11-20 with total page 623 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report was jointly launched by the National Academy of Economic Strategy of the Chinese Academy of Social Sciences and UN-HABITAT. Using the indicator system and objective data, the competitiveness of 1,035 global cities was evaluated in detail. The report measures the development pattern of global urban competitiveness as a whole, and the gap between the relevant parties and the ideal state. It has refreshed people's past perceptions of urban rankings and confirmed that the science and technology innovation center cities and central cities of emerging economies have begun to break the inherent global cities and they have entered the ranks of the most urban competitiveness.While paying attention to the comparison of competitiveness among cities, this report further promotes the perspective to the pattern and trend change of global economic and social development from the perspective of city. The followings are new findings: First, information technology has increasingly become the primary driving force for urban development; Second, it is the three meridians that divide the global urban population and economic differentiation; Third, the soft links between cities gradually dominate the global urban system; Fourth, the formation of new global cities is beginning.
Book Synopsis Housing in the seventies working papers 1 [and] 2 by : United States. Dept. of Housing and Urban Development
Download or read book Housing in the seventies working papers 1 [and] 2 written by United States. Dept. of Housing and Urban Development and published by . This book was released on 1976 with total page 804 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Housing in the Seventies written by and published by . This book was released on 1976 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Automatic Millionaire by : David Bach
Download or read book The Automatic Millionaire written by David Bach and published by Penguin UK. This book was released on 2005-04-28 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making your money work for you ... automatically In The Automatic Millionaire David Bach unlocks the secret to getting rich. Cutting through the jargon, it's full of common-sense advice and practical strategies to help you take control of your finances. The step-by-step guide and no-budget, no-discipline, no-nonsense system makes reaching financial security amazingly simple and easy, no matter what your income. You can get rid of the debt that's holding you down. You can get on top of your day-to-day expenses. You can create a safety net that will protect you from life's unknowns. You can have the money to get the things you want. You can build a seven-figure nest egg that will keep you secure and comfortable for the rest of your life. This book has the power to secure your financial future and change your life. All you have to do is follow the one-step programme - the rest is automatic!
Download or read book I Buy Houses written by Paul Do and published by John Wiley & Sons. This book was released on 2011-12-30 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you sick of attending open inspections every weekend in a fruitless search for the right property? Do you want to know more about the property-investing market and how it can make you money? I Buy Houses is a comprehensive handbook that will have you buying, managing and selling property like an expert. Paul Do explains how to build a property portfolio using research, rather than legwork, allowing you to invest in the best properties in the most effective way. His tried-and-tested SYSTEM T framework is perfect for beginning and experienced investors alike. In this insightful book you will discover: how to determine the right time to buy why buying a property every year is the wrong thing to do why some people are better off renting than buying why selling should be a last resort why other property investing strategies are no longer effective.
Book Synopsis Urban Economics and Real Estate by : John F. McDonald
Download or read book Urban Economics and Real Estate written by John F. McDonald and published by John Wiley & Sons. This book was released on 2010-03-29 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas. The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory. The book also explores the policy lessons that can be drawn from the use of economics to understand urban areas. Real estate professionals will find new coverage of urban areas around the world to provide a global perspective.
Book Synopsis Income Structure in America Today by : United States. Congress. House. Committee on the Budget
Download or read book Income Structure in America Today written by United States. Congress. House. Committee on the Budget and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Chinese Real Estate Market by : Junjian Cao
Download or read book The Chinese Real Estate Market written by Junjian Cao and published by Routledge. This book was released on 2015-05-08 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to fully present, analyse and interpret the Chinese real estate market. Dr Junjian Albert Cao examines the Chinese real estate market’s growth trajectory, unique governance and factors affecting values and investment in the context of reforms, rapid economic growth and urbanization. The book provides essential insights into the institutional change surrounding the development of the property market, government intervention at local and national levels, taxes and other regulatory charges, and factors such as market practices, economic changes, government policies and social changes that affect the value of real estate. Furthermore, the book analyses academic and policy debates on issues such as: commercial property investment housing price inflation property rights protection affordable and social housing market practices and regulation environment and sustainability taxation property-led growth and the reliance of local economic growth on the property sector The book offers a comprehensive, in-depth and up-to-date account of the Chinese property market and presents a full assessment of the investment potential of Chinese real estate. It is a must read for students, academics and real estate professionals interested in this fascinating real estate market that has implications for Chinese and the world economies.
Book Synopsis OECD Rural Policy Reviews: England, United Kingdom 2011 by : OECD
Download or read book OECD Rural Policy Reviews: England, United Kingdom 2011 written by OECD and published by OECD Publishing. This book was released on 2011-01-25 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews governance structures and decentralisation; delivering public services; economic development; and the importance of improving connectivity in rural areas of the UK.
Book Synopsis Housing: The Essential Foundations by : Dr Paul Balchin
Download or read book Housing: The Essential Foundations written by Dr Paul Balchin and published by Routledge. This book was released on 2002-11-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Housing: The Essential Foundations provides a comprehensive introduction to housing studies. This topical text is essential reading for students embarking on degree and diploma courses in housing, surveying, town planning and other related subjects. Professionals within these fields will also find the book valuable as a source of up-to-date information and data. Uniquely multi-disciplinary and including a wealth of illustrations and examples, this book focuses on key topics which include: * equal opportunities and housing organisations * town planning and housing development * housing management, design and development * economics of housing * management and organisation * environmental health and housing * property, housing law, policy-making and politics * housing policy and finance prior to and post Thatcherism * future policy issues under the Labour government post 1997 Throughout the authors stress the importance of housing market activity that accords with good planning practice, legislation, democratic decision-making, economy and efficiency. In introducing the many diverse aspects of housing within a single volume, this book provides the essential foundations for the study of this multi-disciplinary subject. Paul Balchin, Gregory Bull, Pauline Forrester, David Isaac, R.Shean McConnell John O'Leary, Maureen Rhoden, Jane Weldon all at Univeristy of Greenwich, UK and Mark Pawlowski, University
Book Synopsis Migration Impact Assessment by : Peter Nijkamp
Download or read book Migration Impact Assessment written by Peter Nijkamp and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔThis book examines migration in a rapidly globalizing economy where it disrupts such relatively stable patterns as the trip to work, home, school and shopping on the one hand, and is itself transformed by continuously evolving information and telecommunications technology, declining relative transport cost and immigration policy dynamics. The perspective is global yet provides the reader with empirically based work representing Europe, North America and Asia, and international comparative studies of changing migration patternsÕ impact on trade and culture.Õ Ð Roger R. Stough, George Mason University, US During the last few decades the world has experienced an unprecedented level of cross-border migration. While this has generated significant socio-economic gains for host countries, as well as sometimes for the countries of origin, the costs and benefits involved are unevenly distributed. Consequently, growing global population mobility is a hotly debated topic, both in the political arena and by the general public. Amidst a plethora of facts, opinions and emotions, the assessment of migration impacts must be grounded in a solid scientific evidence base. This analytical book outlines and applies a range of the scientific methods that are currently available in migration impact assessment (MIA). The book provides various North American and European case studies that quantify socio-economic consequences of migration for host societies and for immigrants themselves. With up-to-date and broad coverage, this detailed study will appeal to academic researchers in the social sciences, policy analysts at national and international level, as well as graduate students in economics and regional science.
Book Synopsis Urban Economics and Urban Policy by : Paul C. Cheshire
Download or read book Urban Economics and Urban Policy written by Paul C. Cheshire and published by Edward Elgar Publishing. This book was released on 2014-05-30 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: øThis groundbreaking book will prove to be an invaluable resource and a rewarding read for academics, practitioners and policymakers interested in the economics of urban policy, urban planning and development, as well as international studies and innov
Book Synopsis Kitchen Table Economics and Investing by : Damian Lillicrap
Download or read book Kitchen Table Economics and Investing written by Damian Lillicrap and published by Univ. of Queensland Press. This book was released on 2013 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy is likely to get worse before it gets better. We can no longer sit back and expect that our superannuation or pension programs will see us comfortably through retirement. Unless we take an interest in how much we are putting aside and how our money is being invested and the earlier in our working lives the better there is a good chance that we will end up with less than we expect. This timely book explains, in everyday language, the driving forces behind the economic issues we face, and how they are likely to play out. It also lays out the basics of saving and investing for retirement, then builds on these basics for those who wish to go further. Find out more about: * equities, bonds, cash, and property * gold and currency * borrowing and leverage in investing * dynamic asset allocation, for the more experienced investor Damian Lillicrap offers a rare insider s view of the finance and investment industry and shares over two decades of expertise gained from working in the world s major financial markets. He relates the economies of countries to the budgets that families deal with around their kitchen tables; the same home truths apply to both. If you don t know where to start to get your superannuation or pension in order, if you want to make sense of the finance news, if you are concerned about the legacy you are leaving your children, then you must read Kitchen Table Economics and Investing."
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