|
on Urban and Real Estate Economics |
| By: | Filali, Radhouane |
| Abstract: | This paper discusses housing condition in Tunisia in the late 1990s, using a housing condition indicator that relies on less arbitrary weights. Evidences from household survey data indicate that despite the substantial improvement of tunisian's housing condition between 1994 and 2001, great disparities between urban and rural areas and between regions prevail. Moreover, it is shown that public authorities should stimulate the supply of social housing and local services in order to reduce housing poverty and disparities. |
| Keywords: | Indicateur composite; Conditions de l'Habitat; Inégalité; Pauvreté |
| JEL: | R58 D63 I32 |
| Date: | 2008–06–20 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:12196&r=ure |
| By: | Ostrovsky, Yuri; Hou, Feng; Picot, Garnett |
| Abstract: | The recent economic boom in the Canadian province of Alberta provides an ideal "natural experiment" to examine immigrants' responses to a strong labour demand outside major metropolitan centres. The key finding of our study, which is based on a unique dataset that combines administrative and immigrant records, is that not only did immigrants respond to the recent economic boom in Alberta, but they responded generally more strongly than non-immigrants. We find, however, a great deal of heterogeneity in the magnitude of the response across different regions and for different categories of immigrants. |
| Keywords: | Ethnic diversity and immigration, Population and demography, Mobility and migration |
| Date: | 2008–12–05 |
| URL: | http://d.repec.org/n?u=RePEc:stc:stcp3e:2008318e&r=ure |
| By: | Maximilian J. B. Hall (Dept of Economics, Loughborough University) |
| Abstract: | On 8 October 2008 the UK Government announced a far-reaching plan to restore financial stability, protect depositors and re-invigorate the flow of credit to businesses and individuals in the UK. The £400 billion bailout plan embraced three elements: a massive expansion in emergency liquidity support from the Bank of England; recapitalisation of UK banks and building societies using taxpayers' money; and the provision of a Government guarantee of new short- and medium-term debt issuance made by UK-incorporated banks and building societies. This action proved necessary in the wake of continuing and substantial weaknesses in many banks' share prices despite the temporary ban on short-selling imposed by the Financial Services Authority. It followed two revisions to domestic deposit protection arrangements, and the adoption of a piecemeal approach to failure resolution which saw the eventual nationalisation of Northern Rock in February 2008, the nationalisation of Bradford and Bingley in September 2008 and the brokering of takeover rescues of Alliance and Leicester and HBOS by Banco Santander and Lloyds TSB respectively in July and September 2008, and of the Cheshire and Derbyshire Building Societies by the Nationwide Building Society in September 2008. This metamorphosis in approach to failure resolution by the UK authorities in response to the sub-prime crisis and the credit crunch – nationalisation by default to (part) nationalisation as the preferred course of action - is duly analysed in this article, as well as their proposals for banking reforms which still have to be agreed by Parliament. |
| Keywords: | UK banks; banking regulation and supervision; failure resolution; central banking; deposit protection. |
| JEL: | E53 E58 G21 G28 |
| Date: | 2008–11 |
| URL: | http://d.repec.org/n?u=RePEc:lbo:lbowps:2008_14&r=ure |