Strategic Public Housing and Foreign Direct Investment

We suggest that public housing matters for FDI. We assume that FDI creates gains for some residents and losses for others. Losers from FDI will oppose FDI. To win support for FDI, local government may want to pay compensation in cash. In the paper’s model, however, cash payments are not successful. But public housing is. – Ultimately we argue that (1) public housing makes FDI more palatable where (2) cash transfers fail, so that (3) local government may choose to invest into public housing to overcome opposition against FDI.Public Housing, Foreign Direct Investment

Trade, FDI, and Congestion - The small and very open Economy

Typically, a small and open economy trades goods at given world prices. Here, we present a model of a very open small economy, where capital and labor are internationally mobile, too. When investing into infrastructure, the economy’s government attracts not only mobile capital but mobile labor, also. These capital and labor inflows into the economy reinforce each other. They contribute to rising welfare for land owning indigenous households. But all potential benefits for land renting immigrant households are capitalized into higher land rents. - The paper is also an attempt to give an account of the recent economic boom in Ireland.Foreign Direct Investment, Small Open Economy, Open City

The Political Economy of Regional Integration Projects at Borders where Rich and Poor Meet: The Role of Cross-Border Shopping and Community Sorting

At borders where rich and poor countries meet, services prices differ hugely. In principle, price differentials could be exploited to mutual benefit, offering improved job opportunities to the poor as well as better shopping opportunities to the rich. However, cross-border shopping is often limited by the substantial transaction costs of crossing the border. Moreover, local governments frequently fail to cut these transaction costs even where they have the opportunity to do so. In this paper, we show (i) why a majority of the local electorate often backs this outcome, (ii) how intra-country mobility affects local policy, and (iii) how (inter-) national regulations shape local decisions.cross-border shopping, community sorting, regional integration, voting, federalism

City Shapes' Contribution to Why Donald Trump Won

This paper identifies (unobservable) centrists and decentrists. Centrists support, whereas decentrists oppose, taxing carbon. The paper divides into two parts. Its theory derives estimators of centrists and decentrists; its empirical part provides estimates for U.S. metros and takes them to the 2008 and 2016 U.S. presidential elections. The paper finds that Donald Trump's shift away from the consensus on global warming has gained him 280,000 votes he else would not have enjoyed, in cities where decentrists were strong. The paper concludes that sprawling (compact) cities are less (more) likely to embrace carbon taxation, and provides a new rationale for globally advocating compact urban planning

City Shapes' Contribution to Why Donald Trump Won

This paper identifies (unobservable) centrists and decentrists. Centrists support, whereas decentrists oppose, taxing carbon. The paper divides into two parts. Its theory derives estimators of centrists and decentrists; its empirical part provides estimates for U.S. metros and takes them to the 2008 and 2016 U.S. presidential elections. The paper finds that Donald Trump's shift away from the consensus on global warming has gained him 280,000 votes he else would not have enjoyed, in cities where decentrists were strong. The paper concludes that sprawling (compact) cities are less (more) likely to embrace carbon taxation, and provides a new rationale for globally advocating compact urban planning

Land Prices, Urban Sprawl and Affordable Housing - Dublin and the Open City

Dublin’s current boom shares many features with urban booms elsewhere. In this short paper, I suggest applying an open city framework to Dublin and looking at this framework’s implications for two policies closely related to housing. I conclude with a scheme that should accompany future Dublin development.

Sustainable Debt Policy Rules and Growth in a Small Open Economy Model: Is a balanced government budget worthwhile?

Dascher FL. Sustainable Debt Policy Rules and Growth in a Small Open Economy Model: Is a balanced government budget worthwhile?. Universität Bielefeld Working Papers in Economics and Management. Vol 14-2019. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2019.In this paper our objective is to analyze sustainable debt policy rules and economic growth using a model of endogenous economic growth theory. For the government it is possible to run into debt, but, the primary surplus is a positive linear function of the debt-to-GDP ratio which guarantees that public debt is sustainable. We analyze different sustainable debt policies in this small open economy model of endogenous growth with public capital accumulation, as well we take transitions into account. We investigate the characteristics and stability of the steady state and we analyze the effects on welfare for the different debt policies

Homeowner-made Housing Price Bubbles - East Germany's Example -

This paper argues that homeowners, if suffciently infuential, may attempt to manipulate housing prices. The paper presents an instance of, and sets out the political economy behind, one particular homeowner-made housing price bubble (in East Germany). Yet ultimately the paper suggests that homeowners may be responsible for housing price bubbles elsewhere, too. Namely, US homeowners may be the single driving force behind the latest US housing price boom that preceded the current real estate, and financial, crisis.Homeowner Majority, Rent Persistence, Ratchet Effect, Policy Reform

A Gender-Based Approach to Oral Health Changes Across the Lifespan

As many other aspects of human health, oral health differs between men and women, especially at specific life stages. Since many stages of the female life are characterized by vast changes in reproductive hormones, there are corresponding changes that occur throughout the body, including the oral cavity. The sex and age specific changes and risk factors associated with oral health are often overlooked by health care professionals and the general population. This review seeks to elucidate the particular risk factors to which women are susceptible as they age, and point out where during the life course female oral health differs from that of males. Since men and women experience different changes in general and oral health during the course of their lives, health care professionals need to make care more gender and age specific. Dentists are in a particularly good position to implement sex and age specific care because of the regularity with which it is recommended people visit their dentists. Acknowledgement that women of different ages have specific oral health concerns will likely lead to improved oral health status in women of all ages