How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries

How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries PDF Author: Mr.Philippe Bracke
Publisher: International Monetary Fund
ISBN: 1463921314
Category : Business & Economics
Languages : en
Pages : 31

Get Book Here

Book Description
This paper analyzes the duration of house price upturns and downturns in the last 40 years for 19 OECD countries. I provide two sets of results, one pertaining to the average length and the other to the length distribution. On average, upturns are longer than downturns, but the difference disappears once the last house price boom is excluded. In terms of length distribution, upturns (but not downturns) are more likely to end as their duration increases. This duration dependence is consistent with a boom-bust view of house price dynamics, where booms represent departures from fundamentals that are increasingly difficult to sustain.

How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries

How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries PDF Author: Mr.Philippe Bracke
Publisher: International Monetary Fund
ISBN: 1463921314
Category : Business & Economics
Languages : en
Pages : 31

Get Book Here

Book Description
This paper analyzes the duration of house price upturns and downturns in the last 40 years for 19 OECD countries. I provide two sets of results, one pertaining to the average length and the other to the length distribution. On average, upturns are longer than downturns, but the difference disappears once the last house price boom is excluded. In terms of length distribution, upturns (but not downturns) are more likely to end as their duration increases. This duration dependence is consistent with a boom-bust view of house price dynamics, where booms represent departures from fundamentals that are increasingly difficult to sustain.

Handbook of Regional and Urban Economics

Handbook of Regional and Urban Economics PDF Author: Gilles Duranton
Publisher: Elsevier
ISBN: 0444595392
Category : Business & Economics
Languages : en
Pages : 1686

Get Book Here

Book Description
Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional subjects such as housing, the costs and benefits of cities, and policy issues beyond regional inequalities. Contributors make a habit of combining theory and empirics in each chapter, guiding research amid a trend in applied economics towards structural and quasi-experimental approaches. Clearly distinguished from the New Economic Geography covered by Volume 4, these articles feature an international approach that positions recent advances within the discipline of economics and society at large. - Emphasizes advances in applied econometrics and the blurring of "within" and "between" cities - Promotes the integration of theory and empirics in most chapters - Presents new research on housing, especially in macro and international finance contexts

Handbook of Regional and Urban Economics, vol. 5B

Handbook of Regional and Urban Economics, vol. 5B PDF Author: Gilles Duranton
Publisher: Elsevier
ISBN: 0444595406
Category : Business & Economics
Languages : en
Pages : 967

Get Book Here

Book Description
Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional subjects such as housing, the costs and benefits of cities, and policy issues beyond regional inequalities. Contributors make a habit of combining theory and empirics in each chapter, guiding research amid a trend in applied economics towards structural and quasi-experimental approaches. Clearly distinguished from the New Economic Geography covered by Volume 4, these articles feature an international approach that positions recent advances within the discipline of economics and society at large. Editors are recognized as leaders and can attract an international list of contributors Regional and urban studies interest economists in many subdisciplines, such as labor, development, and public economics Table of contents combines theoretical and applied subjects, ensuring broad appeal to readers

The Role of Innovation and Entrepreneurship in Economic Growth

The Role of Innovation and Entrepreneurship in Economic Growth PDF Author: Michael J Andrews
Publisher: University of Chicago Press
ISBN: 022681078X
Category : Business & Economics
Languages : en
Pages : 633

Get Book Here

Book Description
"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

Economics of the Undead

Economics of the Undead PDF Author: Glen Whitman
Publisher: Rowman & Littlefield
ISBN: 1442235039
Category : Business & Economics
Languages : en
Pages : 299

Get Book Here

Book Description
Whether preparing us for economic recovery after the zombie apocalypse, analyzing vampire investment strategies, or illuminating the market forces that affect vampire-human romances, Economics of the Undead: Zombies, Vampires, and the Dismal Science gives both seasoned economists and layman readers something to sink their teeth into. Undead characters have terrified popular audiences for centuries, but when analyzed closely, their behaviors and stories—however farfetched—mirror our own in surprising ways. The essays collected in this book are as humorous as they are thoughtful, as culturally relevant as they are economically sound, and provide an accessible link between a popular culture phenomenon and the key concepts necessary to building one’s understanding of economic systems big and small. It is the first book to apply and combine economics and our society’s fascination with the undead, and is an invaluable resource for those looking to learn economic fundamentals in a fun and innovative way. Contributions by: Kyle William Bishop, Eleanor Brown, Ian Chadd, Darwynn Deyo, Steven Horwitz, Daniel Farhat, Jean-Baptiste Fleury, Enrique Guerra-Pujol, Brian Hollar, Sebastien Lecou, Joseph Mandarino, Alain Marciano, Fabien Medvecky, David T. Mitchell, Michael O’Hara, M. Christine Phillips, A. Lynn Phillips, G. Michael Phillips, Lorna Piatti-Farnell, Robert Prga, Hollis Robbins, Sarah Skwire, Ilya Somin, David Tufte, Mary Jo Tufte, and Charlotte Weil

16th International Conference on Soft Computing Models in Industrial and Environmental Applications (SOCO 2021)

16th International Conference on Soft Computing Models in Industrial and Environmental Applications (SOCO 2021) PDF Author: Hugo Sanjurjo González
Publisher: Springer Nature
ISBN: 3030878694
Category : Technology & Engineering
Languages : en
Pages : 840

Get Book Here

Book Description
This book of Advances in Intelligent and Soft Computing contains accepted papers presented at SOCO 2021 conference held in the beautiful and historic city of Bilbao (Spain), in September 2021. Soft computing represents a collection or set of computational techniques in machine learning, computer science, and some engineering disciplines, which investigate, simulate, and analyze very complex issues and phenomena. After a through peer-review process, the 16th SOCO 2021 International Program Committee selected 78 papers which are published in these conference proceedings and represents an acceptance rate of 48%. In this relevant edition, a special emphasis is put on the organization of special sessions. Seven special sessions are organized related to relevant topics as follows: applications of machine learning in computer vision; soft computing applied to autonomous robots and renewable energy systems; optimization, modeling, and control by soft computing techniques (OMCS); challenges and new approaches toward artificial intelligence deployments in real-world scenarios; time series forecasting in industrial and environmental applications (TSF); soft computing methods in manufacturing and management systems and applied machine learning. The selection of papers was extremely rigorous in order to maintain the high quality of the conference, and we would like to thank the members of the program committees for their hard work in the reviewing process. This is a crucial process to the creation of a high standard conference, and the SOCO conference would not exist without their help.

OECD Economic Surveys: France 2019

OECD Economic Surveys: France 2019 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264964088
Category :
Languages : en
Pages : 198

Get Book Here

Book Description
France's economic growth has slowed down after a gradual recovery. Limited productivity and employment gains have reduced the growth of GDP per inhabitant; public spending remains very high. Reducing public expenditures is needed to put debt on a firmly declining path. This and streamlining the tax system would also help reducing taxes, which would boost economic activity eventually.

CentrePiece

CentrePiece PDF Author:
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 200

Get Book Here

Book Description


All Real Estate Is Local

All Real Estate Is Local PDF Author: David Lereah
Publisher: Crown Currency
ISBN: 038552143X
Category : Business & Economics
Languages : en
Pages : 251

Get Book Here

Book Description
Whatever the national trends are with regard to real estate – whether they are booming or busting–what really matters is what the market conditions are in your region, town, or neighborhood. For as David Lereah points out, in the end, all real estate is local. What does that mean? Even during the real estate boom of 2001-2005, a great many cities and regions did not participate in the boom–they lagged behind, or even decreased in value. Similarly, when prices began to fall nationally, there were plenty of regions and locales where prices rose, and sales boomed. As Lereah makes clear, the most important factor in buying or selling a home isn’t what is going on nationally–it is what is going on in your local market. Evaluating present and future trends and influences in your region or neighborhood is essential to creating long term wealth, whether you are in a buyer’s or a seller’s market. And David Lereah, as the Chief Economist for the National Association of Realtors, shows you how to determine the conditions in your neighborhood. Lereah reveals how to: Evaluate the DNA of homes in the town or county or region you are considering (every town has its own real estate DNA–the characteristics that make a region or city more or less desirable to live in). Determine whether property values in your targeted neighborhood are on the rise. Research future real estate influences and trends, from migration into or out of the region, to plans to attract or develop new businesses in the area. Understand the local factors that can affect your investment in the future. Countless books offer advice on how to buy and sell a home. But ALL REAL ESTATE IS LOCAL is the first book to explain how knowing the ins and outs of the local market you are targeting is essential to deciding when, where, and what to buy.

Journal

Journal PDF Author:
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 76

Get Book Here

Book Description