Showing posts with label Global Housing Watch. Show all posts
Wednesday, February 26, 2025
From a post by Astrid Haas:
“Africa’s cities are expanding at an unprecedented rate, bringing both challenges and opportunities. In this episode, feminist urban economist Astrid Haas explores three key pillars for inclusive and sustainable growth: governance, planning, and financing. In her view, effective governance requires adaptive institutions, transparent decision-making, and collaboration with civil society and the private sector to ensure cities meet the needs of all citizens. Proactive planning must address infrastructure, housing, and services while recognising the vital role of informal economies. Meanwhile, long-term, strategic financing and smarter municipal spending are essential for equitable development. With two-thirds of Africa’s population expected to live in cities by 2050, this conversation offers practical insights into harnessing urbanisation as a force for sustainable and inclusive growth.”
From a post by Astrid Haas:
“Africa’s cities are expanding at an unprecedented rate, bringing both challenges and opportunities. In this episode, feminist urban economist Astrid Haas explores three key pillars for inclusive and sustainable growth: governance, planning, and financing. In her view, effective governance requires adaptive institutions, transparent decision-making, and collaboration with civil society and the private sector to ensure cities meet the needs of all citizens. Proactive planning must address infrastructure,
Posted by 7:43 AM
atLabels: Global Housing Watch, Inclusive Growth
From a paper by Thao Le:
“This study examines the long-term impact of the Great Recession on employment in residential construction, and consequently housing supply. Using regional variation in house price declines during 2006–2009, I find that more severely impacted areas experienced a persistent reduction in construction employment but higher wage growth post-recession, consistent with a downward shift in construction labor supply. This contraction has a causal negative effect on housing production output. A 10% decrease in house prices during the crisis induced a 17%–20% reduction in 2019 construction employment, which in turn led to a 3.0%–5.7% decline in housing construction.”
From a paper by Thao Le:
“This study examines the long-term impact of the Great Recession on employment in residential construction, and consequently housing supply. Using regional variation in house price declines during 2006–2009, I find that more severely impacted areas experienced a persistent reduction in construction employment but higher wage growth post-recession, consistent with a downward shift in construction labor supply. This contraction has a causal negative effect on housing production output.
Posted by 7:33 AM
atLabels: Global Housing Watch
Saturday, February 22, 2025
From a paper by Arup Mitra, and Sabyasachi Tripathi:
“Although the focus on urbanization has shifted to developing countries, developed countries still face several challenges. In this regard, the present study proposes to investigate the capacity of cities in developed countries in terms of population size and reflects on the interaction between the city’s core and hinterland areas. In addition, the impact of cities on employment, gross domestic product, and productivity, as well as the short- and long-term relationship between them, are examined. We estimate Gini coefficients and apply panel stochastic frontier and panel cointegration approaches using data from 688 cities in 39 advanced countries to test our hypothesis. The estimated results show that the number of million-plus cities growing in developed nations varies widely, and a city’s hinterland and core vary in terms of population concentrations. The population in the core and hinterland areas have achieved saturation point. Therefore, the benefits of agglomeration economies have disappeared from these cities. It thus concurs with the S-shaped urbanization curve. The population concentration in the hinterland region is negatively impacted by territorial fragmentation and mean population exposure to particulate matter of 2.5 air pollution. There is a need to improve the density and management of environmental degradation through higher investment in making cities more productive and sustainable.”
From a paper by Arup Mitra, and Sabyasachi Tripathi:
“Although the focus on urbanization has shifted to developing countries, developed countries still face several challenges. In this regard, the present study proposes to investigate the capacity of cities in developed countries in terms of population size and reflects on the interaction between the city’s core and hinterland areas. In addition, the impact of cities on employment, gross domestic product, and productivity,
Posted by 3:50 PM
atLabels: Global Housing Watch
Friday, February 21, 2025
On cross-country:
Working papers and conferences:
On the US—developments on house prices, rent, permits and mortgage:
On the US—other developments:
On China:
On Australia and New Zealand:
On other countries:
On cross-country:
Working papers and conferences:
Posted by 5:00 AM
atLabels: Global Housing Watch
Wednesday, February 19, 2025
From a paper by Christos A. Makridis and Saurabh Mishra:
“The share of artificial intelligence (AI) jobs in total job postings has increased from 0.20% to nearly 1% between 2010 and 2019, but there is significant heterogeneity across cities in the United States (US). Using new data on AI job postings across 343 US cities, combined with data on subjective well-being and economic activity, we uncover the central role that service-based cities play to translate the benefits of AI job growth to subjective well-being. We find that cities with higher growth in AI job postings witnessed higher economic growth. The relationship between AI job growth and economic growth is driven by cities that had a higher concentration of modern (or professional) services. AI job growth also leads to an increase in the state of well-being. The transmission channel of AI job growth to increased subjective well-being is explained by the positive relationship between AI jobs and economic growth. These results are consistent with models of structural transformation where technological change leads to improvements in well-being through improvements in economic activity. Our results suggest that AI-driven economic growth, while still in the early days, could also raise overall well-being and social welfare, especially when the pre-existing industrial structure had a higher concentration of modern (or professional) services.”
From a paper by Christos A. Makridis and Saurabh Mishra:
“The share of artificial intelligence (AI) jobs in total job postings has increased from 0.20% to nearly 1% between 2010 and 2019, but there is significant heterogeneity across cities in the United States (US). Using new data on AI job postings across 343 US cities, combined with data on subjective well-being and economic activity, we uncover the central role that service-based cities play to translate the benefits of AI job growth to subjective well-being.
Posted by 10:25 AM
atLabels: Global Housing Watch, Inclusive Growth
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