Tesis doctoral de Juan Sebastián Mora Sanguinetti
This doctoral thesis focuses on the effects of formal (regulatory) and enforcement institutions on the housing markets in spain and europe. The dissertation is organized through a sequence of three research papers. The first paper analyzes the effects of post-war regulations on the european tenancy markets. The research concludes that both rent control and compulsory terms entail theoretically some negative effects for the weight of the tenancy market in the economy. The second paper focuses on the functioning of the judicial system in spain since 1966 providing a measure of its degree of formalism and a discussion on its level of efficiency. The study concludes that formalism has diminished in spain, especially after year 2000, although no aggregate improvements exist in the case of the tenancy market. The third paper provides econometric estimates of the effect of judicial inefficiency on the share of property in spain. For that, a panel is constructed with up to three measures of inefficiency for the spanish provinces for the last decade. This study concludes that judicial inefficiency has a positive impact on the property share in spain. From these studies it could be concluded that institutions matter in the functioning of the housing markets.
Datos académicos de la tesis doctoral «The effect of institutions on european housing markets: an economic analysis«
- Título de la tesis: The effect of institutions on european housing markets: an economic analysis
- Autor: Juan Sebastián Mora Sanguinetti
- Universidad: Carlos III de Madrid
- Fecha de lectura de la tesis: 15/12/2009
Dirección y tribunal
- Director de la tesis
- Stefano Battilossi
- Tribunal
- Presidente del tribunal: leandro Prados de la escosura
- nuno Garoupa (vocal)
- Luis Garicano (vocal)
- Francisco Cabrillo rodriguez (vocal)