Download or read book German Housing Market and its Implications on Unemployment written by Michael Herrscher and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Explaining Real Estate Prices in Germany written by Nicolas Heinitz and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis investigates German residential housing prices on both a national and regional level covering Hamburg and Munich as two major cities. A qualitative analysis of real estate market and the German housing market in particular reveals that real estate markets are highly fragmented and that they feature unique characteristics. The main part of this thesis applies econometric approaches trying to explain house price movements and to identify possible price bubbles during the observation period from 1990 until 2011. For this purpose a ratio analysis, a regression model and a cointegration analysis are used. These three approaches lead to the conclusion that residential house prices are mainly driven by the corresponding rents and to some extent influenced by the unemployment rate and the number of households in certain regression models. Additionally, the examination of residential house prices reveals that prices on the national and regional level remain constant or even slightly fall in real terms. This fact and the comparison of house prices with several fundamental factors show that there is no evidence for a price bubble in Germany.
Download or read book Economic Policies and Unemployment Dynamics in Europe written by Mr.Dennis J. Snower and published by International Monetary Fund. This book was released on 1997-01-28 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, edited by S.G.B. Henry and Dennis J. Snower, examines the high unemployment that has plagued five European countries- France, Germany, Italy, Spain, and the United Kingdom- for more than a decade. Its methodology focuses on the mechanisms that prevent employers and employees from adjusting promptly to changing market opportunities. Chief among these mechanisms are outdated economic structures, the power of labor unions, rising nonwage labor costs, and the disparity between unemployed workers and available jobs. Although cross-country differences indicate that there is no common cause for joblessness in Europe, the book discusses a unique characteristic of the European labor market- that unemployment not only rises during recessions, but does not fall when economic weaknesses are overcome.
Download or read book Unemployment Wages and the Impact of Active Labour Market Policies in a Regional Perspective written by Christoph Hilbert and published by Logos Verlag Berlin GmbH. This book was released on 2008 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labour markets within countries vary in their performance. Some regions suffer from labour shortages, while others are faced with high unemployment figures. Furthermore structure and qualification of the workforce differs, and real wage patterns show diverging pictures between and within regions. Based on these empirical facts this study sheds some light on the wage unemployment relation and the impact active labour market policies has on this. Basic assumption is that market imperfections lead to unemployment in regional labour markets, partly owing to region-specific wage structures, and that active labour market policies can alleviate this problem. Five aspects are focused: The interaction of regional unemployment and wages based on the wage curve, the question how qualification patterns influence the regional wage level, the effectiveness of regional labour market policies, the impact of these policies on regional wage-setting, and the impact of employment service performance on real wages.
Download or read book The Impact of Cultural Diversity on the German Housing Market written by Mehmet Bayar and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Problem of Unemployment in Germany written by Otto Most and published by . This book was released on 1910 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding German Real Estate Markets written by Tobias Just and published by Springer. This book was released on 2016-10-06 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, experts discuss how German real estate values have remained stable throughout the financial crisis, even though transaction volumes have been very volatile since 2005. Consequently, risk-averse national and international investors have started to invest in virtually all German real estate asset classes. This book tries to answer what has made the German real estate markets more resilient to shocks than many European real estate markets by analyzing the economic, regulatory and demographic environment. In 30 well-structured chapters, experts from both the academic and professional world analyze structural and current issues of German real estate markets. Readers will get a deep understanding of what makes the German real estate market special and where potential opportunities and threats in Europe’s largest real estate market exist.
Download or read book U S and West German Housing Markets written by K. Stahl and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many years countries have taken advantage of one another's experiences in formulating social policies and even in designing specific interventions. Often such transfers have occurred on a fairly casual level; sometimes greater rigor has been present. In either case, the goal has been to learn from previous experience-at least to avoid repeating the mistakes of the past. In light of the promise that such intercountry transfers hold, it is somewhat surprising that so little energy has gone into careful analytic work on the behavior of households in differing countries and how they respond to various changes, especially those resulting from shifts in public policy. This lack of careful analysis was a major force that motivated The Urban Institute to establish an international studies program in 1982. This volume represents one of the early products of the collaborative efforts that this initiative has spawned. The results of the comparison of the housing markets in West Germany and the United States presented here offer examples of the type of unexpected conclusions that may emerge from careful analyses as well as more anticipated outcomes. Despite the many similarities in the economies of the United States and West Germany and the general free-market orientation of their housing sectors, the papers in this volume document important differences in the way households make decisions about their housing and the consequences of these decisions.
Download or read book The Impact of Housing Market Institutions on Labour Mobility written by Thomas de Graaff and published by . This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Homeownership and the Labour Market in Europe written by Casper van Ewijk and published by Oxford University Press. This book was released on 2009-03-12 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasing labour market flexibility is at the top of the European agenda. A new and challenging view is that lack of mobility in the labour market may arise from rigidities in the housing market. This book brings together top European economists to analyse the interaction between housing and labour markets and provides clear policy messages.
Download or read book The Routledge Companion to International Housing Markets written by Magnus Andersson and published by Routledge. This book was released on 2022-06-22 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a lack of international comparative housing studies, possibly because it requires thorough knowledge of the real estate market in question. This book brings together scholars with knowledge of different national markets in order to facilitate comparisons for real estate and housing and urban studies scholars and practitioners. By studying international markets using new data as well as new analysis of existing data, the chapters in this book present insights into the institutional constraints on national housing markets. Specifically, the contributors seek to examine the role of institutional factors and their influence on transaction costs in these markets. Exhibiting a diverse range of geographical, legal, and economic perspectives, the countries are grouped together based on legal institutional similarities, and each group includes an introduction and a conclusion highlighting similarities and differences from the institutional perspective. The book is divided into 3 parts: Part I sets the theoretical context and the reasons for writing a book focusing on national housing markets. Part II presents national markets from the perspective of the transaction process and covers Europe, North and South America, East Asia, the Pacific, and Africa. Part III contains conclusions with a critical discussion on how to compare national housing markets and a reflection on future directions of housing markets in an increasingly competitive international environment. The Routledge Companion to International Housing Markets is essential reading for academics and professionals in housing studies, real estate, economics, and urban studies.
Download or read book Evaluating Active Labour Market Policies written by Patrick A. Puhani and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most governments in today's market economies spend significant sums of money on labour market programmes. The declared aims of these programmes are to increase the re-employment chances of the unemployed. This book investigates which active labour market programmes in Poland are value for money and which are not. To this end, modern statistical methods are applied to both macro- and microeconomic data. It is shown that training programmes increase, whereas job subsidies and public works decrease the re-employment opportunities of the unemployed. In general, all active labour market policy effects are larger in absolute size for men than for women. By surveying previous studies in the field and outlining the major statistical approaches that are employed in the evaluation literature, the book can be of help to any student interested in programme evaluation irrespective of the paticular programme or country concerned.
Download or read book Recent Supply and Demand Developments in the German Housing Market written by and published by . This book was released on 2017 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Until about 2010, price developments in German regional housing markets were by and large in line with economic performance. By contrast, over the last six years, price developments have been increasingly driven by supply shortages and surging demand, particularly in large cities. On top of that, around 890,000 asylum seekers arrived in Germany in 2015. This led to an increase in population of 1 % and suggests an increase in demand for low-price housing in the short- to medium-term, resulting in potential upward price pressures for the real estate market. This Economic Brief assesses whether the recent trend of rising prices constitutes a risk to financial stability in Germany and whether the high influx of refugees might affect price developments. Firstly, recent data suggests that in spite of noticeable increases in regional house prices in recent years, the housing sector does not pose a risk to financial stability in Germany. Secondly, over the medium-term, the inflow of asylum seekers is likely to have only limited effects on the rate of housing inflation. However, aggregate figures mask regional (urban-rural, East-West) differences in housing-market dynamics, and a prolonged period of zero or even negative real interest rates could theoretically trigger a misallocation of resources with negative rebound effects for the real economy once interest rates normalise. Also, high net-immigration followed by net-emigration poses significant demand and supply-management challenges for the (social) housing market.
Download or read book The German Housing Market Cycle written by Florian Kajuth and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the behaviour of prices and supply on the German housing market taking into account the interaction between prices and quantities. A novel price index for residential property prices covering the whole country going back to 1993 is used in a macroeconomic model to estimate key housing market elasticities for Germany. A decomposition suggests that the land price component of house prices is relatively elastic with respect to income and interest rates, while the construction price component responds to income and the level of construction activity. The decomposition also highlights countervailing house price effects of a supply increase: A dampening effect via land prices and a stimulating effect via construction prices.
Download or read book Kernel Smoothing written by M.P. Wand and published by CRC Press. This book was released on 1994-12-01 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kernel smoothing refers to a general methodology for recovery of underlying structure in data sets. The basic principle is that local averaging or smoothing is performed with respect to a kernel function. This book provides uninitiated readers with a feeling for the principles, applications, and analysis of kernel smoothers. This is facilita
Download or read book The impact of the current financial crisis on the German labour market written by Benjamin Schmitt and published by GRIN Verlag. This book was released on 2015-06-10 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2009 in the subject Economics - Job market economics, grade: First Class, University of Hull, language: English, abstract: The years since the early 1970s are unprecedented in terms of the volatility in the prices of commodities, currencies, real estate and stocks, and the frequency and severity of financial crises (Kindleberger and Aliber). Many authors have already studied about reasons of the origin of financial crises and their impact on the economy concerned, since financial crises, in particular global ones and especially the current one affect all economic factors significantly. The economic growth slows down or even turns into a recession due to decreasing investments, affected by a significantly lower liquidity of companies and investors. All these factors also affect the GDP and the labour market of the economy concerned, in this case Germany, which economy has turned into a recession in February 2009. The subject of this paper has been chosen due to the present global relevance of the impact of a financial crisis on the labour market. The topic in particular has been chosen due to the fact that it is of worldwide relevance since the outbreak of the crisis analysed occurred on an unexpected scale, more precisely the worst of its kind since the Great Depression in the 1930s. The focus of this paper lies on the analysis of the current crisis in terms of the impact on the German labour market.
Download or read book Policy Responses to Regional Unemployment written by Sara Davies and published by . This book was released on 2001 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1.Summary of results - 2.Eastern Germany - 3.the Spanish objective 1 regions - 4.Southern Italy.
