I estimate spillovers from new housing supply on house prices. To these effects, use exogenous variation in induced by a subsidy implemented middle-income neighborhoods the city of Montevideo, Uruguay. find evidence externalities prices, with prices increasing 12%. explore two possible mechanisms externalities: income and crime rates. Although suggests reduction property rates, changes neighbor...

As international financial markets have become increasingly interdependent, new evidence on international spillover effects has widely been discussed around the globe. However, the MENA region has received little attention concerning international transmission of stock market movements. In this paper, we discuss international spillover effects between the major developed markets (U.S., Japan an...

Land-use intensification is a central element in proposed strategies to address global food security. One rationale for accepting the negative consequences of land-use intensification for farmland biodiversity is that it could 'spare' further expansion of agriculture into remaining natural habitats. However, in many regions of the world the only natural habitats that can be spared are fragments...

Endogenous chemical exchange saturation transfer (CEST) effects are always diluted by competing effects, such as direct water proton saturation (spillover) and semi-solid macromolecular magnetization transfer (MT). This leads to unwanted T2 and MT signal contributions that lessen the CEST signal specificity to the underlying biochemical exchange processes. A spillover correction is of special i...

Using the approach of Granger causality in risk, we investigate extreme risk spillover effects among four major world gold markets (London, New York, Tokyo and Shanghai) before and after the recent global financial crisis. We find (i) that there are strong extreme risk spillover effects between London and New York, and London and Shanghai, (ii) that most of the extreme risk spillovers to Tokyo ...