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  1. Forward to the past
    short-term effects of the rent freeze in Berlin
    Erschienen: 2021
    Verlag:  DIW Berlin, German Institute for Economic Research, Berlin

    In 2020, Berlin enacted a rigorous rent-control policy: the “Mietendeckel” (rent freeze), aiming to stop rapidly growing rental prices. We evaluate this newly enacted but old-fashionably designed policy by analyzing its immediate supply-side effects.... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 14
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    In 2020, Berlin enacted a rigorous rent-control policy: the “Mietendeckel” (rent freeze), aiming to stop rapidly growing rental prices. We evaluate this newly enacted but old-fashionably designed policy by analyzing its immediate supply-side effects. Using a rich pool of rent advertisements reporting asking rents and comprehensive dwelling characteristics, we perform hedonic-style Difference-in-Difference analyses comparing trajectories of dwellings inside and outside the policy’s scope. We find no immediate effect upon announcement of the policy. Yet advertised rents drop significantly upon the policy’s enactment. Additionally, we document a substitution effect affecting the rental markets of Berlin’s (unregulated) satellite city Potsdam and adjacent smaller municipalities. On top, the supplemental quantity analyses reveal a stark reduction of the number of advertised rental units hampering a successful housing search for newcomers, (young) first-time renters and tenants aiming for a different housing opportunity.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/229901
    Schriftenreihe: Discussion papers / Deutsches Institut für Wirtschaftsforschung ; 1928
    Schlagworte: First-Generation Rent Control; Rent Freeze; Urban Policy; Rent Price; Supply Disruptions; Berlin
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  2. Ladyfest-Aktivismus
    Queer-feministische Kämpfe um Freiräume und Kategorien
  3. Forward to the past: short-term effects of the rent freeze in Berlin
    Erschienen: 2020
    Verlag:  Vienna University of Economics and Business, Wien

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Department of Economics working paper / Vienna University of Economics and Business ; no. 308 (December 2020)
    Schlagworte: First-Generation Rent Control; Rent Freeze; Urban Policy; Rent Price; Supply Disruptions; Berlin
    Umfang: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  4. Forward to the past
    short-term effects of the rent freeze in Berlin : revised version
    Erschienen: 2022
    Verlag:  DIW Berlin, Deutsches Institut für Wirtschaftsforschung, Berlin

    In 2020, Berlin introduced a rigorous rent-control policy responding to soaring rents by setting a cap on rental prices: the Mietendeckel (rent freeze). The policy was revoked one year later by the German Constitutional Court. Although successful in... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 14
    keine Fernleihe

     

    In 2020, Berlin introduced a rigorous rent-control policy responding to soaring rents by setting a cap on rental prices: the Mietendeckel (rent freeze). The policy was revoked one year later by the German Constitutional Court. Although successful in reducing rents during its duration, the consequences for Berlin’s rental market and adjacent municipalities are not clear. In this paper we evaluate the short-term causal effect of the rent freeze on the supply-side of the market, both in terms of prices and quantities. We develop a theoretical framework capturing the key features of the rent freeze, and test its predictions using a rich pool of detailed rent adverts. In addition, we estimate hedonic-style Difference-in-Differences and Spatial Regression Discontinuity models comparing price trajectories of dwellings inside and outside the policy’s scope. Advertised rents drop significantly upon the policy’s enactment. A substantial rent gap across the administrative border emerges, with rapidly growing rents for Berlin’s (unregulated) adjacent municipalities. Moreover, we document a significant drop in the number of advertised properties for rent, a share of which appears to be permanently lost for the rental sector.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/251463
    Schriftenreihe: Discussion papers / Deutsches Institut für Wirtschaftsforschung ; 1999
    Schlagworte: First-Generation Rent Control; Rent Freeze; Urban Policy; Local Political Economy; Supply Disruptions; Legal Uncertainty; Berlin
    Umfang: 1 Online-Ressource (circa 71 Seiten), Illustrationen
  5. Ladyfest-Aktivismus
    queer-feministische Kämpfe um Freiräume und Kategorien
  6. Infrastructure inequality
    who pays the cost of road roughness?
    Erschienen: [2024]
    Verlag:  American Enterprise Institute, [Washington, DC]

    Which Americans experience the worst infrastructure? What are the costs of living with that infrastructure? We measure road roughness throughout America using vertical acceleration data from Uber rides across millions of American roads. Our measure... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 855
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    Which Americans experience the worst infrastructure? What are the costs of living with that infrastructure? We measure road roughness throughout America using vertical acceleration data from Uber rides across millions of American roads. Our measure correlates strongly and positively with other measures of road roughness where they are available, negatively with driver speed, and we find road repair events decrease roughness and increase speeds. We measure drivers' willingness-to-pay to avoid roughness by measuring how speeds change with salient changes in road roughness, such as those associated with town borders and road repaving events in Chicago. These estimates suggest the roughness of the median local road in the US generates welfare losses to drivers of at least 31 cents per driver-mile. Roads are worse near coasts, and in poorer towns and in poorer neighborhoods, even within towns. We find that a household that drives 3,000 miles annually on predominantly local roads will suffer $318 per year more in driving pain if they live in a predominantly Black neighborhood than in a predominantly White neighborhood. Road roughness modestly predicts subsequent road resurfacing in New York City, but not in three other cities, which suggests that repaving is only weakly targeted towards damaged roads. Surveys from 120 towns and cities across the US suggests many reasons why resurfacing seems to be weakly targeted.

     

    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/300429
    Schriftenreihe: AEI economics working paper ; 2024, 01 (January 2024)
    Schlagworte: Infrastructure policy; Urban Policy
    Umfang: 1 Online-Ressource (circa 66 Seiten)