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Policy Uncertainty and Real Estate Development in China
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-09-li.pdf19 Oct 2023: Along with this rapid urbanization, real estate has been a key engine to China’s economic. ... This enables us to test the net effect of risk associated with policy uncertainty. -
Department of Land Economy Environment, Law & Economics Working…
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rercwp_1701_lindenthaleichholtzgeltner.pdf19 Oct 2023: Rosenthal and Helsley (1994). They apply the theoretical economic foundation to data of. ... economic realities, as all buildings stood on just one parcel. This illustrates that. -
Department of Land Economy Environment, Law & Economics Working…
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc-wp-2020-04-ling-li.pdf19 Oct 2023: market and two important findings were documented. First, as a test of the loss aversion effect,. ... sector. We consider two robustness tests. First, we repeat the tests in Table 5 by limiting the holding. -
On the Strategic Timing of Sales by Real Estate Developers- To Wait…
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-04-bao.pdf19 Oct 2023: We test our hypotheses using residential development data from Hong Kong between 1995 and 2015. ... are engaged in presales, thereby providing us with sufficient observations to test our hypotheses. -
Department of Land Economy Environment, Law & Economics Working…
https://www.landecon.cam.ac.uk/sites/default/files/2023-08/crerc_2023-01_wp.pdf19 Oct 2023: 1. Introduction Standard Economic Theories (SET) assume that individuals act in their rational self-. ... 3.1 The emphasis of field evidence. Early studies in behavioural economics relied on lab experiments. -
Department of Land Economy Environment, Law & Economics Working…
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc_wp_201606_absff.pdf19 Oct 2023: traits and risk preferences. A sound body of literature in psychology and economics. ... should follow that personality traits also show a relationship to the economic outcome. -
THE MONETARY POLICY OF THE BANK OF ENGLAND
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-06.pdf19 Oct 2023: permanent effects on the level of economic activity. It can only have temporary. ... conclusion reached by the UK House of Lords Select Committee on Economic Affairs. -
Beliefs, Uncertainty and Decision-Making inCommercial Real Estate…
https://www.landecon.cam.ac.uk/sites/default/files/2023-08/lizieri_keynote6.pdf19 Oct 2023: This is, in effect, a critique of unthinking equilibrium economics: the assumption that. ... ventional economics) and on key differences in the behaviour of actors, their motivations. -
Department of Land Economy Environment, Law & Economics Working…
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-2016-03-ff-eo-oh.pdf19 Oct 2023: capitalisation into the lump-sum house price the only channel for economic rewards of. ... extant studies. Based on our conceptual framework, we derive three hypotheses that we test. -
C-EENRG Working Papers, 2016-5. Montini & Volpe
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp09.pdf19 Oct 2023: 44 H. E. Daly, Beyond Growth. The Economics of Sustainable Development, cit., p. ... 22, pp. 203 ff; H. E. Daly, The Economic Growth Debate: What SomeEconomists Have Learned But Many Have Not, in Journal of Environmental Economics and Management,1987, vol
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