Search results for "real estate"
showing 10 items of 153 documents
Market Values and Socioeconomic Mixité in Palermo. The Role of Migrants in the Commercial Real Estate Market
2022
Socioeconomic and functional mixité has been an objective placed at the basis of urban development to guide the transformation processes of urban areas, associating it with social inclusion as opposed to the morphological and spatial segregation, often caused by monofunctional zoning. The implementation of social mixité involves all social groups and, particularly, migrant communities that, in turn, are formed by groups with different cultures, nationalities, resources and income levels. The location choices of migrants and native residents produce an ever-changing urban geography of residential, commercial and service activities that directly impact on the real estate market. Migrants’ act…
An Estimative Model of Automated Valuation Method in Italy
2017
The Automated Valuation Method (AVM) is a computer software program that analyzes data using an automated process. It is related to the process of appraising an universe of real estate properties, using common data and standard appraisal methodologies. Generally, the AVM is based on quantitative models (statistical, mathematical, econometric, etc.), related to the valuation of the properties gathered in homogeneous groups (by use and location) for which are collected samples of market data. The real estate data are collected regularly and systematically. Within the AVM, the proposed valuation scheme is an uniequational model to value properties in terms of widespread availability of sample …
Banking Competition, Housing Prices and Macroeconomic Stability
2012
We develop a dynamic general equilibrium model with an imperfectly competitive bank-loans market and collateral constraints that tie investors credit capacity to the value of their real estate holdings. Banks set optimal lending rates taking into account the effects of their price policies on their market share and on the volume of funds demanded by each customer. Lending margins have a significant effect on aggregate variables. Over the long run, fostering banking competition increases total consumption and output by triggering a reallocation of available collateral towards investors. However, as regards the short-run dynamics, we find that most macroeconomic variables are more responsive …
The nonmarket benefits of redeveloping dockland areas for recreational purposes: the case of Castellón, Spain
2003
As a consequence of the decline of central harbour sites and the relocation of port activities to the outskirts of cities, today waterfront redevelopment has become a key issue in the urban revitalisation policies of port cities. Although we are aware that city-port regeneration has strong links with the real estate market, our purpose here is very different. In particular, the contingent valuation method (CVM) has been applied in order to obtain the nonmarket benefits of the environmental and urban improvements derived from redeveloping some port-related areas for recreational and leisure purposes in the city of Castelloèn, Spain. To date, no previous study has attempted to apply this meth…
Il conferimento (immobili, aziende e partecipazioni), profili civilistici
2022
Il presente contributo si propone di indagare i profili di rilevanza civilistica del conferimento in società di persone di partecipazioni societarie e di azienda nonché di immobili, oltreché i profili attinenti ai conferimenti in società in nome collettivo, in società in accomandita semplice e in società di capitali. This contribution aims to investigate the profiles of civil law relevance of the transfer of shareholdings in companies and companies as well as of real estate to partnerships, as well as the profiles relating to transfers to general partnerships, limited partnerships and joint-stock companies .
Variation on the theme 'In Search of New Foundations for Corporate Finance and Corporate Governance'
2003
Our purpose is to explore an alternative way to give new foundations to the theory of corporate finance and governance. The definition we give of corporate finance considers capital-budgeting as central. The shortcomings of the contract theory of the firm result in proposing new foundations to corporate finance based on the knowledge-based theories of the firm. Lastly, we explore the consequences of these new foundations. It leads to give new explanations of the role of external equity financing, financial debt and especially of internal financing, and to re-examine the corporate governance and financial evaluation questions.
Urban Development and Cultural Policy “White Elephants”: Barcelona and Valencia
2015
AbstractThe importance of culture in defining new models of local development has been increasingly emphasized. However, less attention has been paid to the influence of local development models on local cultural policy. This article will focus on analysing two cities that have used culture as a central element in their economic and urban development. In both cases, they have followed different strategies but the two have finally finished generating two “white elephants”: the Universal Forum of Cultures in the case of Barcelona and the City of Arts and Sciences in the case of Valencia. From a comparison of the two cases, the paper analyses the causes of this urban phenomenon, which combines…
Spatial Localization in Manufacturing: A Cross-Country Analysis
2009
This paper employs a homogenous firms' database to investigate industry localiza- tion in European countries. More specifically, we compare, across industries and countries, the predictions of two of the most popular localization indices, i.e., the Ellison and Glaeser index (Ellison and Glaeser, 1997) and the Duranton and Over- man index (Duranton and Overman, 2005). We find that, independently from the index used, localization is a pervasive phenomenon in all countries studied, but the degree of localization is very uneven across industries in each country. Furthermore, we find that the two indices significantly diverge in predicting the intensity of the forces generating localization with…
Sistema Distritual de Innovación
2012
Artículo distribuido bajo una licencia de uso y distribución “Creative Commons Reconocimiento-No Comercial 3.0 España”.
Instead of an Editorial: Mission Statements by Representatives of Both Fields
2012
The following mission statements by linguists and literary scholars working in different institutional and cultural contexts and at different stages of their careers are intended to map out the terrain covered by this journal. They tell similar stories about how these scholars came to cross the disciplinary boundary that too often divides their two fields, and they reveal a number of shared interests and emphases. But they also highlight the diversity of methodologies to which this journal is open – from metrics and stylistics to the cognitive sciences and Systemic Functional Grammar. The hopes and expectations voiced by the authors are partly pragmatic, expressing the wish that the journal…