This paper examines the determinants of wage pressure in large companies, including ownership characteristics and the impact of regional labour markets. By using a panel of 329 Polish largest firms during the period 19972001, we find evidence of rent sharing activities, however there is also asymmetry in quasi rent elasticity of wages. The wage setting mechanism seems to differ between new priv...

The low-income housing tax credit (LIHTC) is the largest project-based housing subsidy in the United States. Within the program, private developers receive a subsidy in exchange for constructing apartment units that rent for a predetermined affordable rate. Because the subsidy requires apartment buildings to charge a lower rental rate, the opportunity cost of developing subsidized housing in a ...

This article analyzes an asymmetric rent-seeking contest with free riding where valuation on the prize (rent) and effectiveness of rent-seeking effort may differ among agents and the victory of an agent may not exclude some agents other than the winner of the contest to consume the prize of the contest. After proving the unique existence of pure-strategy Nash equilibrium, this article examines ...

having proper house and shelter is one of the basic human rights this because of various roles and functions of housing.housing satisfaction is a multidimensional and complex variable which includes social, economic and managerial dimensions of houseand their surrounding environment’s. for this reason, evaluation of housing, from points residentsviews is very important.satisfaction in this case...

There can be three types of heterogeneity among players in a rent-seeking contest. First, the efectiveness of agent's efort on the winning probabilities may difer among players. Secondly, players may evaluate the rent or prize of the rent-seeking contest diferently. Thirdly, players may face diferent financial constraints. Without assuming that each player’s production function for loteries is ...

Wirelength estimation is one of the most important Rent’s rule applications. Traditionally, the Rent exponent is extracted using recursive bipartitioning. However, the obtained exponent may not be appropriate for the purpose of wirelength estimation. In this paper, we propose the concepts of partitioning-based Rent exponent and placement-based Rent exponent. The relationship between these two e...

Residualization refers to the process whereby publicly subsidized rental housing moves towards a position in which it provides only safety net for low-income households. In this paper we quantify residualization based on income profile of house-holds below market rates (BMR) sector. Various indicators 12 European countries from EU-SILCdata are calculated. First, explore effect size BMR sector a...

Purpose The price-to-rent ratio is often regarded as an important indicator for measuring housing market imbalance and inefficiency. A central question the extent to which house prices rents form part of same thus whether they respond similarly parallel stimulus. If are close proxies dynamically, then this provides valuable intelligence, particularly where causal relationships evident. Therefor...

Rent extraction by public sector workers may be limited by the ability of taxpayers to vote with their feet. But rent extraction may be higher in regions where high amenities mute the migration response. This paper develops a theoretical model that predicts such a link between public sector wage differentials and local amenities, and the predictions are tested by analyzing variation in these di...