The impact of the growing housing price on welfare attitudes

2020 ◽  
Vol 6 (2) ◽  
pp. 45-81
Author(s):  
Ki-Ho Song ◽  
Byoung-Inn Kim ◽  
Nam-Kyoung Jo
Keyword(s):  
Housing Price ◽  
Welfare Attitudes ◽  
The Impact

scholarly journals Evaluating the Impact of Floods on Housing Price Using a Spatial Matching Difference-In-Differences (SM-DID) Approach

2021 ◽  
Vol 13 (2) ◽  
pp. 804
Author(s):  
Jean Dubé ◽  
Maha AbdelHalim ◽  
Nicolas Devaux
Keyword(s):  
Housing Price ◽  
Hedonic Pricing ◽  
Environmental Amenities ◽  
Sale Price ◽  
Difference In Differences ◽  
Hedonic Pricing Model ◽  
The Difference ◽  
And Control ◽  
The Impact ◽  
The City

Many applications have relied on the hedonic pricing model (HPM) to measure the willingness-to-pay (WTP) for urban externalities and natural disasters. The classic HPM regresses housing price on a complete list of attributes/characteristics that include spatial or environmental amenities (or disamenities), such as floods, to retrieve the gradients of the market (marginal) WTP for such externalities. The aim of this paper is to propose an innovative methodological framework that extends the causal relations based on a spatial matching difference-in-differences (SM-DID) estimator, and which attempts to calculate the difference between sale price for similar goods within “treated” and “control” groups. To demonstrate the potential of the proposed spatial matching method, the researchers present an empirical investigation based on the case of a flood event recorded in the city of Laval (Québec, Canada) in 1998, using information on transactions occurring between 1995 and 2001. The research results show that the impact of flooding brings a negative premium on the housing price of about 20,000$ Canadian (CAN).

scholarly journals The impact of COVID-19 on housing price: Evidence from China

2021 ◽  
pp. 101944
Author(s):  
Xianhang Qian ◽  
Shanyun Qiu ◽  
Guangli Zhang
Keyword(s):  
Housing Price ◽  
The Impact

The Impact of Parental Wealth on College Degree Attainment: Evidence from the Housing Boom and Bust

2020 ◽  
Vol 110 ◽  
pp. 405-410 ◽  
Author(s):  
Rucker C. Johnson
Keyword(s):  
Degree Attainment ◽  
Panel Study ◽  
Housing Price ◽  
Housing Wealth ◽  
College Degree ◽  
Federal Housing ◽  
Boom And Bust ◽  
Parental Wealth ◽  
Geocoded Data ◽  
The Impact

This study provides new evidence on the impact of parental wealth on college degree attainment. Using geocoded data from the Panel Study of Income Dynamics (1968-2017) linked to local housing price data from the Federal Housing Finance Agency, the empirical strategy analyzes parental housing wealth changes induced by local housing booms of the late 1990s-early 2000s and the subsequent housing bust of the 2007-2009 period. 2SLS/IV estimates show parental wealth significantly increases the likelihood of earning a four-year college degree. Moreover, the combined effects of parental income and wealth are significantly greater than the effects of income alone.

scholarly journals Precarious Suicide Behavior According to Housing Price Gap: A Case Study on South Korea

2021 ◽  
Vol 18 (18) ◽  
pp. 9877
Author(s):  
Sungik Kang ◽  
Hosung Woo ◽  
Ja-Hoon Koo
Keyword(s):  
South Korea ◽  
Urban Areas ◽  
Statistical Significance ◽  
Economic Inequality ◽  
Housing Prices ◽  
Housing Price ◽  
National Health Survey ◽  
Primary Analysis ◽  
The Impact

In 2018, the suicide rate in South Korea was the highest among the Organisation for Economic Co-operation and Development countries, and socioeconomic inequality has intensified. This study analyzes the impact relationship between suicidal impulses and economic inequality in South Korea. This study measures suicidal impulses thoughts National Health Survey Data and economic inequality based on the housing prices gap in the country. The primary analysis results were as follows: First, suicidal impulses were positively associated with the high index of housing price inequality; this correlation has become tight in recent years. Second, it was confirmed that the higher the income level, the higher the correlation between suicidal impulses with the index of housing price inequality. Third, the correlation between housing price inequality with suicidal impulse increased consistently in highly urbanized areas, but the statistical significance was low in non-urban areas.

The Great Recession and Life Satisfaction

2017 ◽  
Author(s):  
John Ifcher ◽  
Amanda Cabacungan
Keyword(s):  
Life Satisfaction ◽  
Great Recession ◽  
Housing Price ◽  
Well Being ◽  
Wealth Effects ◽  
Retirement Age ◽  
Behavioral Risk ◽  
Subjective Well Being ◽  
The Great Recession ◽  
The Impact

Using data from the US Centers for Disease Control and Prevention’s Behavioral Risk Factor Surveillance System, we examine the impact of the Great Recession on subjective well-being (as measured by life satisfaction) and attempt to identify disparate effects by age. We find that those approaching retirement age (aged 55 to 64) experienced reduced life satisfaction after the recession, whereas younger working-aged adults did not. The disparate effects by age cannot be explained by income or unemployment trends, but may be explained by wealth effects. For example we find that the life satisfaction of those approaching retirement age, but not of younger working-age adults, is closely correlated with wealth indices (e.g. the Case–Shiller Housing Price Index and the S&P 500 Index).

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