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National Bureau of Economic Research Conference Report: Housing Markets in the United States and Japan by James M. Poterba (1994, Hardcover)
Puerto Books (1013)
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About this product
Product Identifiers
PublisherUniversity of Chicago Press
ISBN-100226590151
ISBN-139780226590158
eBay Product ID (ePID)76255
Product Key Features
Number of Pages278 Pages
Publication NameHousing Markets in the United States and Japan
LanguageEnglish
Publication Year1994
SubjectPublic Policy / City Planning & Urban Development, Commerce
TypeTextbook
AuthorJames M. Poterba
Subject AreaPolitical Science, Business & Economics
SeriesNational Bureau of Economic Research Conference Report
FormatHardcover
Dimensions
Item Height0.1 in
Item Weight19.6 Oz
Item Length0.8 in
Item Width0.7 in
Additional Product Features
Intended AudienceScholarly & Professional
LCCN93-048441
Dewey Edition20
IllustratedYes
Dewey Decimal381
Table Of ContentIntroduction Yukio Noguchi and James Poterba 1 Land Prices and House Prices in Japan Yukio Noguchi 2 Land Prices and House Prices in the United States Karl E. Case 3 Housing Finance in Japan Miki Seko 4 Housing Finance in the United States Patric H. Hendershott 5 Housing and the Journey to Work in the Tokyo Metropolitan Area Tatsuo Hatta and Toru Ohkawara 6 Housing and the Journey to Work in U.S. Cities Michelle J. White 7 Housing and Saving in Japan Toshiaki Tachibanaki 8 Housing and Saving in the United States Jonathan Skinner 9 Public Policy and Housing in Japan Takatoshi Ito 10 Public Policy and Housing in the United States James M. Poterba
SynopsisAlthough Japan and the United States are the world's leading economies, there are significant differences in the ways their wealth is translated into living standards. A careful comparison of housing markets illustrates not only how living standards in the two countries differ, but also reveals much about saving patterns and how they affect wealth accumulation. In this volume, ten essays discuss the evolution of housing prices, housing markets and personal savings, housing finance, commuting, and the impact of public policy on housing markets. The studies reveal surprising differences in housing investment in the two countries. For example, because down payments in Japan are much higher than in the United States, Japanese tend to delay home purchases relative to their American counterparts. In the United States, the advent of home equity credit may have reduced private saving overall. This book is the first comparison of housing markets in Japan and the United States, and its findings illuminate the effects of housing markets on productivity growth, business investment, and trade.
LC Classification NumberHD7293.H68 1994
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