Immigration and the Neighborhood What impact does immigration have on neighborhood dynamics? Within metropolitan areas, we find that housing values have grown relatively more slowly in neighborhoods of immigrant settlement. We propose three nonexclusive explanations: changes in housing quality, reverse causality, or the hypothesis that natives find immigrant neighbors relatively less attractive...

we have studied the relation between bank deposit rates and house prices in iran. for that, we have run some var models, using the following variables: real deposit rates (including 1 and 5 years deposit rates), money supply (including the high powered money and the liquidity), gdp, housing services index, and number of licenses for new houses. our results show that a reduction in the deposit r...

The claim that the Principle of Minimal Sensitivity is “disfavored” because it does not satisfy certain “self-consistency requirements” is meaningless, and shows a basic misunderstanding of the renormalization-scheme-dependence problem. Brodsky and Lu (BL) [1] have criticized the “Principle of Minimal Sensitivity” (PMS) optimization method [2], claiming that it fails to satisfy certain “reflexi...

This paper analyzes the optimal assignment of objects which arrive sequentially to agents organized in a waiting list. Applications include the assignment of social housing and organs for transplants. We analyze the optimal design of probabilistic queuing disciplines, punishment schemes, the optimal timing of applications and information releases. We consider three efficiency criteria: the vect...

Papers studying the liquidity of a market tend to focus on decisions involving the trade-off between the selling price and the time-till-sale for a given set of market conditions. This paper characterizes market conditions using a price-probability locus; a change in market conditions is some combination of changes in the level and/or slope of this locus. I show how the effect of either type of...

We explore the impact of local economic conditions on the type and size of newly constructed housing. A slightly modified standard open monocentric city model predicts that, as long as land use regulation is relatively lax, positive local income shocks cause construction of more multifamily housing and smaller units. Exploiting metro area-level American Housing Survey (AHS) data from 1984 to 20...

We introduce super Yangian double DYh̄[gl(m|n)] and its central extension ̂ DYh̄[gl(m|n)]. We give their defining relations in terms of current generators and obtain Drinfeld comultiplication. Queen Elizabeth II Fellow; Email: [email protected] This paper concerns with Drinfeld current realization [1] of super Yangian double DYh̄[gl(m|n)] and its central extension ̂ DYh̄[gl(m|n)]. The Yangian doubl...

This paper examines how short-term rentals are changing living conditions and the composition of population in affected parts a town. First, to analyze relation between quality, distance, rents, we develop spatial monocentric city model with varying housing quality levels. Second, for 200 m grids Berlin (Germany) 2019, show that proportion low medium residential units correlates positively near...