1.

Record Nr.

UNINA9910973779603321

Autore

Hilbers Paul

Titolo

House Price Developments in Europe : : A Comparison / / Paul Hilbers, Angana Banerji, Haiyan Shi, Willy Hoffmaister

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2008

ISBN

9786612841620

9781462353774

1462353770

9781452723853

1452723850

9781451870695

1451870698

9781282841628

1282841629

Edizione

[1st ed.]

Descrizione fisica

1 online resource (66 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/211

Altri autori (Persone)

BanerjiAngana

HoffmaisterWilly

ShiHaiyan

Disciplina

333.338

Soggetti

Housing - Prices - Europe - Econometric models

Home ownership - Europe - Econometric models

Mortgages - Europe - Econometric models

Banks

Deflation

Depository Institutions

Economic Development: Urban, Rural, Regional, and Transportation Analysis

Finance

Housing prices

Housing Supply and Markets

Housing

Industries: Financial Services

Inflation

Infrastructure

Macroeconomics

Micro Finance Institutions

Mortgages

Personal Income and Other Nonbusiness Taxes and Subsidies



Price Level

Prices

Property & real estate

Property tax

Real Estate

Saving and investment

Taxation

Germany

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Understanding Market Developments; A. Key Features; Boxes; 1. Aspects of Housing Markets; B. Determining Factors and Indicators; 2. User Cost Framework; C. Impact of Policies; Tables; 1. Indicators for Housing Market Conditions and Trends; Figures; 1. Key Policy Relationships; III. The European Picture: House Price Developments in Selected Countries; A. Market Developments; 2. Real House Price Index; 2. Average Real Property Prices, 1985-2007; B. Demand Factors; 3. House Prices and Income, 1985-2006; 4. House Prices and Interest Rates, 1985-2006

5. Demographics, 1985-20063. Evolution of User Costs in Europe, 1995-2006; 4. Understanding the Decline in User Costs in Europe, 2000-05; 3. Measuring User Costs in Europe; 5. Home Ownership in Europe; 6. Home Ownership and Property Price Appreciation; 7. Housing and Household Wealth; C. Supply Side and Rental Market; 6. Housing Stocks; 8. House Prices and Housing Supply, 1985-2006; 7. Housing Stock Rented from Government and Social Housing; 9. House Prices and Rents, 1985-2006; D. Taxation Issues; 10. Price-Rental Ratio and Housing Stock; 8. Property-Related Taxes

11. Selected European Countries: Property Taxes by Level, 1975-200512. Selected European Countries: Property Tax Change, 1975-2005; 13. Selected European Countries: Property Tax Deflated by House Prices, 1975-2005; E. Financial Sector; 14. Financial Sector Lending for Residential Property, 1990-2004; 15. Mortgage Lending Growth and Property Prices; 9. Mortgage Market Completeness Indicators; IV. Assessing House Price Developments: An Empirical Approach; A. House Price Model; 4. Do Housing Prices Reflect a Bubble?; B. Empirical Evidence; 10. Standard Model Estimates for P/Rent

11. Standard Model Estimates for P12. User Costs and Interest Rates; 16. Understanding the House Price-Rental Ratio; 17. Understanding the House Price; 13. Extended Model Estimates; 14. The Impact of the Risk-Free Interest Rate on User Costs; 15. Overvaluation Resulting from an Increase in Interest Rates; 18. Overvaluation in Housing Markets in Europe; V. Summary and Concluding Remarks; References; Appendices; I. Data Sources; II. Housing-Related Taxation

Sommario/riassunto

House prices in Europe have shown diverging trends, and this paper seeks to explain these differences by analyzing three groups of countries: the "fast lane", the average performers, and the slow movers. Price movements in the first two groups are found to be driven mostly by income and trends in user costs, and housing markets in these



countries seem relatively more susceptible to adverse developments in fundamentals. Real house price declines among the slow movers are harder to explain, although ample supply, low home ownership, and less complete mortgage markets are likely factors. The impact of macroeconomic, prudential and structural policies on housing markets can be large and should be a factor in policy decisions.

2.

Record Nr.

UNINA9911041709803321

Autore

European Investment Bank The

Titolo

EIB Working Paper 2025/04 - How Does Digitalisation Support Firms' Strategies for Climate Change Mitigation and Adaptation

Pubbl/distr/stampa

Luxembourg : , : European Investment Bank, Commission des Communautes europeennes, , 2025

©2025

Edizione

[1st ed.]

Descrizione fisica

1 online resource (38 pages)

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This publication examines how digitalisation supports firms in developing effective climate change mitigation and adaptation strategies. Drawing on extensive survey data, it highlights that digitally advanced firms are more likely to pursue integrated, high-impact climate actions across sectors and regions. The findings underscore the importance of fostering digital transformation to accelerate sustainable business practices and enhance climate resilience.