We examine crime as a mechanism through which income inequality influences housing prices and find that the theft rate is a channel via which higher income inequality contributes to lower house prices.doi:10.1002/soej.12520Abebe Hailemariam
Do Rising Tides Lift All Prices? Income Inequality and Housing Affordability 来自 ideas.repec.org 喜欢 0 阅读量: 102 作者:JL Matlack,JL Vigdor 摘要: Simple partial-equilibrium models suggest that income increases at the high end of the distribution can raise price paid by those at the low ...
China's urban housing price has dramatically increased in the past decade, surpassing income growth and raising fears of a real estate bubble. The increase in housing price is also accompanied by a growing number of vacant apartments. This paper argues that income inequality is one important facto...
Gini 系数在 AS 就非常简单,了解它的意义就够了,它是被统计出来 indicate 一个国家的 income distribution equality 的程度的,也就是数值越高,越inequality,数值越低越 equality,比如 Gini 0.5 的国家就比 0.4 的要 inequal。数值是通过面积算出来...
Income is the main wellbeing indicator used to measure inequality in China, as in other middle-income countries (e.g. Latin America and South Africa). A measure of consumption is more often preferred for the analysis of inequality among other developing countries, such as in Sub-Saharan Africa...
The role of housing in wealth inequality in Eurozone countries Moreover, wealth inequality within the group of homeowners is considerably lower than within the group of non-homeowners. Quantile regression analysis identifies positive relationship between homeownership, education, income and net wealth level...
In this paper, using a new method to decompose income inequality by income source, we analyze the impact of potential income derived from the net worth of housing on a representative national sample of US homeowners. Using 1980 Survey of Residential Finance data, we find that housing income ...
However, in the event of housing purchases through HPF loans, lower income participants can leverage more benefits, and the floor-and-ceiling policy design decreases the marginal benefits for higher income participants, resulting in mitigated income inequality among HPF participants. One notable risk ...
The spatial configuration of housing determines the housing opportunities in each neighborhood, the backdrop against which households’ resources, preferences, and constraints play out. I use census and American Community Survey data to provide the first evidence of the extent of housing segregation by...
Personal income: average, inequality and determinants When analyzing income in this section, we concentrate on personal income. That is, we add income from various sources and use the individual as income receiving unit as well as analytic unit. Personal income does not include subsidies in kind ...