Počet záznamů: 1
Did rent deregulation alter tenure choice decisions in the Czech Republic?
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SYSNO ASEP 0459392 Druh ASEP J - Článek v odborném periodiku Zařazení RIV J - Článek v odborném periodiku Poddruh J Článek ve WOS Název Did rent deregulation alter tenure choice decisions in the Czech Republic? Tvůrce(i) Tsharakyan, Ashot (NHU-N)
Zemčík, Petr (NHU-N) RIDZdroj.dok. Economics of Transition - ISSN 0967-0750
Roč. 24, č. 2 (2016), s. 335-360Poč.str. 26 s. Jazyk dok. eng - angličtina Země vyd. GB - Velká Británie Klíč. slova Czech Republic ; rent regulation and deregulation ; real estate prices Vědní obor RIV AH - Ekonomie CEP GAP404/12/1446 GA ČR - Grantová agentura ČR Institucionální podpora NHU-N - RVO:67985998 UT WOS 000372334400005 EID SCOPUS 84975745976 DOI 10.1111/ecot.12092 Anotace Our study is the first that explicitly links rent deregulation and the choice between owning and renting (the tenure choice) using household decisions over a 1-year period. The rent deregulation process in the Czech Republic started in 2006, two years after joining the European Union. By design, the maximum regulated rent appreciation depended explicitly on real estate prices, which accelerated the pace of deregulation due to rapidly rising prices at the time. A unique dataset enables us to track the tenure choice of households from consumption surveys for subsequent years. The proportion of households that switched from renting to owning sharply increased among renters of regulated apartments. We show that this change was caused by the deregulation process. In contrast, rent deregulation makes owners and renters paying market rent less likely to change ownership status. Pracoviště Národohospodářský ústav Kontakt Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Rok sběru 2017
Počet záznamů: 1