Building Cycles

Building Cycles

Author: Richard Barras

Publisher: John Wiley & Sons

Published: 2009-08-13

Total Pages: 448

ISBN-13: 9781444310016

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The global economic crisis of 2008 was precipitated by a housing market crash, thus highlighting the destabilizing influence of the property cycle upon the wider economy. This timely book by a world authority explores why cycles occur and how they affect the behaviour of real estate markets. The central argument put forward is that growth and instability are inextricably linked, and that building investment acts both as a key driver of growth and as the source of the most volatile cyclical fluctuations in an economy. The role of building cycles in both economic growth and urban development is explored through a theoretical review and a comparative historical analysis of UK and US national data stretching back to the start of the nineteenth century, together with a case study of the development of London since the start of the eighteenth century. A simulation model of the building cycle is presented and tested using data for the City of London office market. The analysis is then broadened to examine the operation of property cycles in global investment markets during the post-war period, focussing on their contribution to the diffusion of innovation, the accumulation of wealth and the propagation of market instability. Building Cycles: growth & instability concludes by synthesizing the main themes into a theoretical framework, which can guide our understanding of the operation and impact of building cycles on the modern economy. Postgraduate students on courses in property and in urban development as well as professional property researchers, urban economists and planners will find this a stimulating read – demanding but accessible.


The Land Use Policy Debate in the United States

The Land Use Policy Debate in the United States

Author: Judith I. de Neufville

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 259

ISBN-13: 1461332524

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Much of the preparation of this book has been generously supported by the Lincoln Institute of Land Policy, Cambridge, Massachusetts. It evolved from a colloquium held in October 1977, under the sponsorship of the Lincoln Institute. The three-day symposium entitled "Land Policy: Making the Value Choices" involved the preparation of major papers and formal discussions, most of which appear here in considerably revised form, along with additional pieces commis sioned later. The colloquium was an idea jointly conceived by myself and Edward Wood, a colleague at the time in the Tufts University Program in Urban Social and Environmental Policy. We were concerned about two major limitations in the literature and debates over land use. On the one hand, there was little explicit recognition of the latent values that motivated land use policy. On the other, there was no common forum where people from the different land use fields could discuss the issues and learn from one another. A small group of about two dozen people was invited to the colloquium. Each member was a leading spokesman for a different perspective and area of expertise. All participated formally in some fashion. All the papers were written expressly for the col loquium, with the exception of Ann Strong's, which was a keynote address to the American Society of Planning Officials earlier in the year. None of the papers has been published elsewhere.


Business Cycles and Depressions

Business Cycles and Depressions

Author: David Glasner

Publisher: Routledge

Published: 2013-12-16

Total Pages: 800

ISBN-13: 1136545271

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Experts define, review, and evaluate economic fluctuations Economic and business uncertainty dominate today's economic analyses. This new Encyclopedia illuminates the subject by offering 323 original articles on every major aspect of business cycles, fluctuations, financial crises, recessions, and depressions. The work of more than 200 experts, including many of the leading researchers in the field, the articles cover a broad range of subjects, including capsule biographies of leading economists born before 1920. Individual entries explore banking panics, the cobweb cycle, consumer durables, the depression of 1937-1938, Otto Eckstein, Friedrich Engels, experimental price bubbles, forced savings, lass-Steagall Act, Friedrich hagen, qualitative indicators, use of macro-econometric models, monetary neutrality, Phillips Curve, Paul Samuelson, Say's law, supply-side recessions, James Tokin, trend and random wages, Thorstein Veblen, worker-job turnover, and more.


Behavior Settings

Behavior Settings

Author: Phil Schoggen

Publisher: Stanford University Press

Published: 1989

Total Pages: 452

ISBN-13: 9780804715430

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Forty years of collaboration in research and writing with Roger G. Barker have uniquely qualified the author to revise Barker's classic Ecological Psychology: Concepts and Methods for Studying the Environment of Human Behavior (1968). The author's primary goal has been to provide an up-to-date and comprehensive description of behavior setting theory and method with sufficient detail and illustration to guide new research applications. Barker's presentation of theory and method has been preserved except where changes were required to reflect the advances reported in Barker and Schoggen's Qualities of Community Life (1973). The lengthy report in Ecological Psychology of empirical findings from the study of behavior settings the town of Midwest has been replaced by extensive summaries of the currently available reports of research applications of behavior setting theory. Four new chapters have been added: a chapter be economist Karl A. Fox on the use of behavior settings in social system accounting, an article by Barker on behavior settings that have figured prominently in his career, a chapter that discusses behavior settings in relation to a number of other concepts in social science and the field of environment and behavior, and a final chapter on the need for an eco-behavioral science taken from two papers by Barker.


Flammable Cities

Flammable Cities

Author: Greg Bankoff

Publisher: University of Wisconsin Pres

Published: 2012-01-19

Total Pages: 419

ISBN-13: 0299283836

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In most cities today, fire has been reduced to a sporadic and isolated threat. But throughout history the constant risk of fire has left a deep and lasting imprint on almost every dimension of urban society. This volume, the first truly global study of urban conflagration, shows how fire has shaped cities throughout the modern world, from Europe to the imperial colonies, major trade entrepôts, and non-European capitals, right up to such present-day megacities as Lagos and Jakarta. Urban fire may hinder commerce or even spur it; it may break down or reinforce barriers of race, class, and ethnicity; it may serve as a pretext for state violence or provide an opportunity for displays of state benevolence. As this volume demonstrates, the many and varied attempts to master, marginalize, or manipulate fire can turn a natural and human hazard into a highly useful social and political tool.


Complexity and Self-Organization in Social and Economic Systems

Complexity and Self-Organization in Social and Economic Systems

Author: Fukang Wang

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 320

ISBN-13: 3642484069

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The Instituts Internationaux de Physique et de Chimie fondis par E. Solvay and the Institute of Nonequilibrium systems of Beijing Normal University jointly sponsored a conference on "The Complexity and Self-organization in Socio economic Systems" on October 17-20, 1994 at Beijing, China. The purpose of the conference was to explore the complexity and evolutionary laws of socio economic systems through nonlinear dynamic systems and self-organization theory. The conference was chaired by Professor M. Sanglier and Professor Fang Fukang and was introduced by the Nobel prize winner, Professor I. Prigogine and the vice director of the Chinese National System Reform Committee, Mr. Wu Jie. The conference was held at an important time. On the one hand, the research in the natural sciences about the evolution of complex systems has made great progress, modern scientific theories such as nonlinear dynamic system theory and self-organization theory are becoming more and more mature and a series of methods dealing with these complex systems are being developed which enable us to understand and study non equilibrium, uncertainty and instability. On the other hand, human societies around the world witness a general increase of connectedness, interactivity and an increase of reaction speeds to decisions. In this context, the deterministic, linear way of thinking becomes more and more inadequate and this stimulates the development of non linear science.