Moreover, based on the evidence available from the property markets during the early months of 2002, it is quite clear that most of these markets will experience moderate increases in vacancy rates and flat or slightly declining rents for several more quarters.Achieving even this tepid outlook ...
Private debt was a relative bright spot in 2020, with fundraising declining just 7 percent from 2019 (and North America fundraising increasing 16 percent). The resilience of the asset class owes to a perfect storm of long-term growth drivers (for example, low-yielding traditional fixed...
In San Francisco, the most expensive of the 100 largest rental markets in the US, rents peaked in October 2015, with the median asking rent at $3,670 for a 1-bedroom apartment and $5,000 for a 2-bedroom. By the end of 2017, they were down 7% and 12% from th...
Decliningmedianincomes at the same time asmeanincomes rise. This growing inequality is due at least in part to the development and adoption of more powerful automation technologies: Companies can operate with fewer human staff, and gain their market success due to the technologies they utilise ...
The mean wage gap with one half of prejudiced firm on the market is \(\frac {1}{3}d\), declining to \(\frac {2}{5}d\) with one third of discriminatory firms. The proportion of prejudiced firms on the market positively affects the mean wage gap between Reds and Greens. Indeed, ...
Low and declining inflation gave birth to the Fed’s “great moderation” thesis and allowed it to promote the great financialization of the economy, all buttressed by growing current account deficits and foreign capital inflows. With Wall Street at the core of the process, this period saw the...
2 Finally, a recent paper by He and Matvos (2015) considers a case in which debt facilitates firm exit when companies compete for survival in a declining industry and concludes that firms use less than the socially optimal amount of debt financing. We contribute to this literature by ...
Rents – for the restaurant premisesInflation for restaurant meals has eased significantly over the last few months. It was up just 3.3% from last year, which is in line with where it was in 2019. At its peak in August 2022, inflation for restaurant meals was as high as 9%. The curren...
According to our latest Global Private Markets Review, private markets faced a year of two halves in 2022, with buoyancy in the first half and plummeting deal volumes, declining performance, and falling valuations in the second.At a glance...