Monday, January 31, 2011

Homeownership and Social Justice

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I am reading and enjoying Simon Johnson and James Kwak's 13 Bankers . Like a lot of recent stuff (including an OECD report) , it takes...
5 comments:
Thursday, January 27, 2011

According to an informal vote of Indian School of Business MBAs...

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...the cities with the most potential for real estate investment in India are Pune and Ahmedabad. 
Wednesday, January 26, 2011

How much freedom to choose?

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Ed Glaeser argues that the "moral heart of economics" is "freedom" and in particular the "freedom to choose: "...
7 comments:

Uh-oh

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I met with a large developer here in India.  He told me that "rent models," (i.e., discounted cash flow models) don;t work in Indi...
Tuesday, January 25, 2011

Mark Thoma passes on terrible news about Maxine Udall, girl economist

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To all Maxine Udall Girl Economist Readers I didn't know who she was, but I felt like I knew her.  She was smart and wise.
1 comment:
Monday, January 24, 2011

Land use regulation and the cost of housing, Indian style

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Mumbai is among the densest cities in the world: as a metropolitan area, it is roughly ten times denser than New York (h/t  Alain Bertaud )....
2 comments:
Friday, January 21, 2011

The present value relationship still doesn't work in India

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I had students here in Hyderabad gather data on rents, and then we put together a valuation pro forma.  We determined that the present disco...
3 comments:
Thursday, January 20, 2011

The OECD says imputed rent should be taxed

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When homeowners own their property with equity, they get a tax benefit as important as the mortgage interest deduction: the imputed rent the...
8 comments:
Tuesday, January 18, 2011

Amy Chua and the Reflection Problem

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I saw Amy Chua speak some years ago (at the World Bank, I think) about her book, World on Fire . She was an excellent, witty and provocative...
1 comment:
Monday, January 10, 2011

Some evidence about state government spending multipliers.

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Three abstracts. The findings should give the pain caucus some pause. Daniel Shoag : The effect of government spending on income and em...

ASSA Interviewing Etiquette

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Here is a suggestion for freshly-minted Ph.D.'s looking for Assistant Professor jobs: take time to at least glance at the web sites of t...
1 comment:
Saturday, January 08, 2011

Apologies to Mark Thoma

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I was sloppy in characterizing Mark's comments about Gene Sperling.  He writes: I think this misstates what I have said. I posted somet...
Wednesday, January 05, 2011

Goldman Sachism?

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I enjoy Felix Salmon and Mark Thoma's blogs a lot.  In the last day, both have lamented the possibility that Gene Sperling might replac...
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Top Ten Cities for Real Estate Investment (h/t Wisconsin Graaskamp Center and Francois Ortalo-Magne)

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The Association of Foreign Investors in Real Estate surveyed real estate investors from around the world about places and property types.  A...
3 comments:
Tuesday, January 04, 2011

Urban recovery: Pareto improvement is hard

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The first time I visited Pasadena, in 1980, the place was a bit down-in-the mouth.  The corner of Fair Oaks and Colorado (the heart of what ...
1 comment:
Sunday, January 02, 2011

Looking for Information on Real Estate Market Conditions in Hyderabad

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I will be spending a few weeks visiting the Indian School of Business at the end of January; in the past, I have gotten welcome comments on ...
Friday, December 31, 2010

Sewell Chan: Economists consider ethics code

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It's about time .  I do think it is a good thing when economists participate in both business and policy--such things inform both teachi...
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Thursday, December 30, 2010

How the NCAA undermines the academic enterprise

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I love major college sports; I have enjoyed having athletes in class--they actually tend to run the gamut in terms of how well they do, and ...
1 comment:
Wednesday, December 29, 2010

My colleague Lisa Schweitzer gently scolds me, and then teaches me something about LA Metro project management

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In response to my post , she starts by writing : First off, it’s a bad idea to conclude anything about work effort based on what you obser...
1 comment:

Suddenly, some members of the GOP realize they actually will be part of the government

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Alan Zibel writes in the Wall Street Journal : Earlier this year, leading House Republicans proposed to privatize mortgage giants Fannie M...
2 comments: