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Rising Property Prices – Reason for Businesses to Celebrate?

Dialogues économiques
When real estate prices rise, it influences business investment. For large-scale property owners, this is something to celebrate, and investment increases. For those whose activities are smaller in scale, the outlook dims as investments decline. In their studies, Denis Fougère, Rémy Lecat, and Simon Ray are focusing on financial frictions with relation to property investments.
February 03rd 2021

Previously issued

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In Spain, economic policy has been conducive and has benefited from favourable circumstances

Only in French - An op-ed by Cecilia García Peñalosa (CNRS, EHESS, AMSE) and Alain Trannoy (EHESS, AMSE) published in the newspaper Le Monde.
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In 2024, a grim record was set: it was the hottest year ever recorded on Earth. The signs of climate upheaval are now visible to all, as global warming manifests itself in a rapid rise in extreme weather events. In theory, the solution is straightforward: we must stop burning fossil fuels. In practice, phasing out energy sources so firmly entrenched in contemporary societies is an immense challenge. To reduce CO₂ emissions, economists — trained in cost–benefit analysis — can help policymakers design strategies that are both effective and socially acceptable.
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