Chain-formation in the owner-occupied housing market

Article Abstract:

A model was designed to simulate the slow build-up of housing chains of owner-occupied sales and purchases. The model, which was tested successfully on the UK housing price data, shows that the slow build-up is due to the longer time spent by owner-occupiers in housing market search than first-time buyers or new dwelling sellers do.

Residential Buildings, Residential Building Construction, Research, Residential construction, House selling, Home selling, Economic research

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The value of secondary school quality

Article Abstract:

Taking the school exam pass rates as the quality indicator, an application of hedonic price method is used for the evaluation of secondary schools. The society is willing to put on an increase in school quality by about five percentages; this would add about 450 pounds to the average dwelling price in the locality.

Product quality, Quality management, Examinations, Test results, Secondary schools

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The economics of dowry and brideprice

Article Abstract:

The prevalence and magnitude of marriage payments, its variation across countries, and timeframe and evolution are discussed. The effect of this practice on the welfare of women and the reasons for the decline of marriage payment are also explored.

Usage, Economic aspects, History, Dowry, Report, Bride price

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