Results 81 to 90 of about 763 (248)
CAPITALIZING CRISIS: Urban Extractivism in Athens Amidst Neoliberal Restructurings
International Journal of Urban and Regional Research, EarlyView.Abstract In this article we examine the post‐2009 transformation of Athens through the analytical lens of urban extractivism. We argue that the Greek sovereign debt crisis did not operate as a temporary disruption, but as a durable political condition that enabled the institutionalization of extractive urban governance.
Konstantinos Zafeiris +2 more
wiley +1 more source
Non‐Fundamental Loan Renegotiations
Journal of Accounting Research, EarlyView.ABSTRACT Prior studies predominantly examine fundamental performance‐driven explanations of loan renegotiations. We contrast with this work by investigating the improvement in secondary loan market trading conditions as a non‐fundamental driver of loan renegotiation. Exploiting a regression discontinuity design around the LSTA 100 Index reconstitution,
AJ YUAN CHEN +3 more
wiley +1 more source
Dutch dilemma: Housing prices and flood risk exposure
Real Estate Economics, EarlyView.Abstract This article studies the impact of flood risk exposure on housing prices in a major river delta. Analyzing 1.8 million property transactions from 1998 to 2023 in the Netherlands, we find an average price discount of 1.1%. We observe considerable heterogeneity in price effects driven by exposure intensity, institutional settings that vary ...
Piet Eichholtz +2 more
wiley +1 more source
How Does Meaning Affect the Perceived Value of Art? The Case of Chinese Calligraphy
Culture Unbound: Journal of Current Cultural ResearchHow does meaning making affect the perceived value of art? In this paper, we focus on a unique form of art, Chinese calligraphy, to explore the effects of literal meaning on the perceived value of art combining both words and aesthetic quality.
Yuqing Song, Anne-Sophie Radermecker
doaj +1 more source
How much are you willing to pay to avoid lockdowns? Evidence from the real estate market
Real Estate Economics, EarlyView.Abstract In response to the COVID‐19 pandemic, numerous countries implemented lockdowns. In Victoria, Australia, a unique two‐tier system was employed, segregating areas with a Ring of Steel boundary and imposing additional restrictions within. This study focuses on the impact of lockdowns on housing prices and rents, exploring whether people are ...
Jian Liang, Chyi Lin Lee, Qiang Li
wiley +1 more source
Real Estate Economics, EarlyView.Abstract We estimate the price impact of very nearby concurrently listed properties in the Sydney housing market and assess their competition effects. We apply a hedonic model with spatiotemporal effects regularized via a graph Laplacian prior at the month‐by‐SA2 regional level to seven SA4 subregions of metropolitan Sydney. The model structure enables
Willem P. Sijp, Mengheng Li
wiley +1 more source
A hybrid Tiebout model with vintage housing
Real Estate Economics, EarlyView.Abstract This article examines how spatial variation in housing ages affects income segregation in US cities. We develop a dynamic general equilibrium hybrid Tiebout model with durable housing that combines local public finance and urban land use theories.
Kuzey Yilmaz, Muharrem Yesilirmak
wiley +1 more source
Home foreclosure discounts in auctions without reserve prices
Real Estate Economics, EarlyView.Abstract This article estimates foreclosure discounts in Cape Town, South Africa, where, until 2019, foreclosure auctions occurred without reserve prices. Using newly constructed data linking sheriff auction notices to the universe of property transactions, rich property characteristics, and municipal service‐request records, I document large ...
Allan Davids
wiley +1 more source
Housing policies and market returns in China: Evidence from a novel policy index
Real Estate Economics, EarlyView.Abstract This article examines the relationship between housing policy interventions and market returns in China with a novel policy index. Using natural language processing techniques, we construct a sentence‐level policy index based on government policy documents from 2008 to 2024.
Siu Kei Wong, Yumou Wang
wiley +1 more source
Economic Papers: A journal of applied economics and policy, EarlyView.This paper provides a comprehensive assessment of policies and economic incentives aimed at developing a renewable hydrogen industry in Australia. As global decarbonisation efforts intensify, renewable hydrogen is emerging as a potential substitute for fossil fuels.
Tahlia Nolan, Tim Nelson
wiley +1 more source