Compensation and the Abandoned Property of the 1948 Palestinian Refugees: Assessment and Implications
AbstractThis paper extends the analysis of "Agricultural Property and the 1948 Palestinian Refugees: Assessing the Loss" (Lewis 1996) to non-agricultural property. The estimate is based mainly on the area of urban property abandoned by refugees, where valuations are based on contemporary transfer prices, tax payable on the property, and inferences about rent. The amounts are much higher than those derived by the United Nations Conciliation Commission in 1951. Still the total implied by this paper and (Lewis 1996) is such that if Israel were to pay the overall loss as compensation, the transfers are unlikely to have a serious impact on their economy
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Bibliographic InfoPaper provided by Queen's University, Department of Economics in its series Working Papers with number 1117.
Length: 36 pages
Date of creation: Dec 2006
Date of revision:
Publication status: Forthcoming in Explorations in Economic History
Other versions of this item:
- Lewis, Frank D., 2007. "Compensation and the abandoned property of the 1948 Palestinian refugees: Assessment and implications," Explorations in Economic History, Elsevier, vol. 44(4), pages 523-537, October.
- NEP-ALL-2007-02-10 (All new papers)
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- Michael B. Devereux & Gregor W. Smith, 2004.
"Transfer Problem Dynamics: Macroeonomics of the Franco-Prussian War Indemnity,"
022004, Hong Kong Institute for Monetary Research.
- Devereux, Michael B. & Smith, Gregor W., 2007. "Transfer problem dynamics: Macroeconomics of the Franco-Prussian war indemnity," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2375-2398, November.
- Michael B. Devereux & Gregor W. Smith, 2005. "Transfer Problem Dynamics: Macroeconomics of the Franco-Prussian War Indemnity," Working Papers 1025, Queen's University, Department of Economics.
- Brakman,Steven & Marrewijk,Charles van, 1998.
"The Economics of International Transfers,"
Cambridge University Press, number 9780521572149, October.
- Lewis, Frank D., 1996. "Agricultural Property and the 1948 Palestinian Refugees: Assessing the Loss," Explorations in Economic History, Elsevier, vol. 33(2), pages 169-194, April.
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