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Decentralized markets and the emergence of housing wealth inequality / Omar A. Guerrero in Computers, Environment and Urban Systems, vol 84 (November 2020)  

Public [article]  inComputers, Environment and Urban Systems > vol 84 (November 2020) . - n° 101541 Titre : Decentralized markets and the emergence of housing wealth inequality Type de document : Article/Communication Auteurs : Omar A. Guerrero, Auteur Année de publication : 2020 Article en page(s) : n° 101541 Note générale : bibliographie Langues : Anglais (eng) Descripteur : [Vedettes matières IGN] Analyse spatiale [Termes descripteurs IGN] analyse socio-économique [Termes descripteurs IGN] bien immobilier [Termes descripteurs IGN] coefficient de Gini [Termes descripteurs IGN] évaluation foncière [Termes descripteurs IGN] inégalité [Termes descripteurs IGN] logement [Termes descripteurs IGN] marché foncier [Termes descripteurs IGN] modèle orienté agent [Termes descripteurs IGN] patrimoine immobilier [Termes descripteurs IGN] propriété foncière [Termes descripteurs IGN] Royaume-Uni Résumé : (auteur) Recent studies suggest that the traditional determinants of housing wealth are insufficient to explain its current inequality levels. Thus, they argue that efforts should focus on understanding institutional factors. From the perspective of complex adaptive systems, institutions are more than the ‘the rules of the game’, they also consider the interaction protocols or the ‘algorithm’ through which agents engage in socioeconomic activities. By viewing markets as complex adaptive systems, I develop a model that allows estimating how much housing wealth inequality is attributable to the market institution. It combines virtues from two different modeling traditions: (1) the microeconomic foundations from overlapping-generation models and (2) the explicit interaction protocols of agent-based models. Overall, the model generates prices and housing inequality endogenously and from bottom-up; without needing to impose assumptions about the aggregate behavior of the market (such as market equilibrium). It accounts for economic and institutional factors that are important to housing consumption decisions (e.g., wages, consumption of goods, non-labor income, government transfers, taxes, etc.). I calibrate the model with the British Wealth and Assets Survey at the level of each individual household (i.e., ~25 million agents). By performing counter-factual simulations that control for data heterogeneity, I estimate that, in the United Kingdom, the decentralized protocol interaction of the housing market contributes with one to two thirds of the Gini coefficient. I perform policy experiments and compare the outcomes between an expansion in the housing stock, a sales tax, and an inheritance tax. The results raise concerns about the limitations of traditional policies and call for a careful re-examination of housing wealth inequality. Numéro de notice : A2020-711 Affiliation des auteurs : non IGN Thématique : GEOMATIQUE Nature : Article DOI : 10.1016/j.compenvurbsys.2020.101541 date de publication en ligne : 26/08/2020 En ligne : https://doi.org/10.1016/j.compenvurbsys.2020.101541 Format de la ressource électronique : url article Permalink : https://documentation.ensg.eu/index.php?lvl=notice_display&id=96268 [article]

Le foncier s’envole, les bonnes terres restent / Antoine Jeandey in Le Mag cultures, n° 68 ([15/02/2010])  

Public [article]  inLe Mag cultures > n° 68 [15/02/2010] Titre : Le foncier s’envole, les bonnes terres restent Type de document : Article/Communication Auteurs : Antoine Jeandey, Auteur Année de publication : 2010 Langues : Français (fre) Descripteur : [Termes descripteurs IGN] forêt [Termes descripteurs IGN] friche agricole [Termes descripteurs IGN] inventaire forestier national (données France) [Termes descripteurs IGN] marché foncier Résumé : (Auteur) Paradoxe français : Alors que le foncier agricole perd chaque année près de 70 000 hectares, les terres à céréales, elles, voient leurs surfaces augmenter. Numéro de notice : IFN_5241 Affiliation des auteurs : non IGN Thématique : FORET Nature : Article En ligne : http://www.le-mag.fr/actualites-agricoles/articles/Dossier/Le-Foncier-S-Envole-L [...] Permalink : https://documentation.ensg.eu/index.php?lvl=notice_display&id=73173 [article]