Dr. Gwilym B. J. Pryce

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University of Glasgow
Social Sciences
Deputy Director
University of Glasgow
Social Sciences
Urban Studies
Housing Economics
Senior Lectuer

Mailing Address

Department of Urban Studies
25 Bute Gardens
University of Glasgow
Glasgow, G128RS
United Kingdom

Contact Information

Phone: 0141 330 5048
Fax: 0141 330 4983
g@gwilympryce.co.uk
http://www.gwilympryce.co.uk

Qualifications

Ph.D., University of Glasgow, Economics (Part-Time), 1999.
M.Sc., University of Warwick, Economics, 1993.
Certificate, Covenant College, Biblical Studies (Distinction), 1992.
B.A. Hons, Leeds Business School, Economics and Public Policy (First Class), 1991.

Expertise and Research Interests

Dr Gwilym Pryce is the Deputy Director of the Graduate School (Faculty of Social Sciences), the Faculty Senior Lecturer in Social Science Methodology, and a Senior Lecturer in Housing Economics in the Department of Urban Studies, University of Glasgow. He has published widely in the areas of housing and mortgage markets and has conducted research for a large number of funding bodies including Department of the Environment Transport and the Regions, Council for Mortgage Lenders, Glasgow Solicitors Property Centre, Economic and Social Research Council, National Assembly for Wales, Federal National Mortgage Association, Scottish Homes/Communities Scotland, European Commission, National Housing Federation, Strathclyde Police, North Lanarkshire Council, East Dunbartonshire Council, Monopolies and Mergers Commission and the Scottish Office. He has been an Economic Consultant to the SCOC Learning to Live Theology Program and a member of the Council for Mortgage Lender's Sustainable Home Ownership Panel. He is currently an Associate Researcher for the Scottish Centre for Research on Social Justice and a Consultant Market Analyst for Glasgow Solicitors Property Centre. He is the Economics Adviser to the European Journal of Housing Policy and a member of the Editorial Board of the Journal of Property Research. He was an Academic Consultant on both Stage I and Stage II of the HM Treasury Barker Review of Housing Supply and is currently a member of the Post-Barker Advisory Group organised by Office of the Deputy Prime Minister / Her Majesty's Treasury. His most recent publication is "Inference and Statistics in SPSS", published by GeeBeeJey Publishing, www.geebeejey.co.uk.

Other Expertise

(A) Data Analysis and Macros in SPSS and Stata
Dr Pryce has over 12 years of experience of using and developing quantitative methods. He has used a wide range of statistical techniques (including logit, probit, ordered logit, two-stage least squares, fractional logit, Log-logistic/Weibull/Cox time-to-event models, Klein and Moeschberger kernel smoothed hazard functions, and fixed and random effects panel models) and has been at the cutting edge of applying techniques in an innovative way (he is one of the first in the UK to apply the following techniques to socio-economic data: Fractional Logit, Multiple Fractional Polynomial estimation, bootstrapped-Cox-Proportional-Hazards with sample selection correction). Dr Pryce has also been innovative in developing new applied techniques in SPSS and Stata, such as the development of a 5 step approach to estimating tax penalty impacts, estimation of time-varying location value signature models and the development of a grid-search algorithm that tests for structural breaks across space in socio-economic relationships).

He has also been particularly innovative in making statistical techniques accessible to non-specialists:

* He has written an extensive series of macros in SPSS that allows users to run basic statistical tests in SPSS based on summary information (thus allowing researchers to compute confidence intervals and hypothesis on statistics reported in journal articles and other publications when only the mean, standard deviation and sample size is provided). These macros can be downloaded free if charge from the Downloads page of www.geebeejey.co.uk. They also form the basis for Dr Pryce's innovative introductory statistics textbook: Inference and Statistics in SPSS (ISBN: 0955143306) which can be ordered from www.geebeejey.co.uk.

* Dr Pryce has integrated these macros into mind-mapping software that allows users to locate the appropriate techniques and SPSS syntax by clicking on a series of mind-map branches. These mindmaps can also be downloaded free if charge from the Downloads page of www.geebeejey.co.uk.

* He has added new features to SPSS that allow users to run proper regression diagnostics without having to turn to advanced software.

(B) Social Inequality
Dr Pryce is an Associate Researcher for the Scottish Centre for Research on Social Justice and a member of the Centre for Neighbourhood Research, University of Glasgow. Both of these research centres are concerned with issues surrounding social inequality. He has been involved in research on the development of measures of social deprivation (Bailey et al 2003), and much of his current research on the definition of neighbourhoods is closely related to this (a critical factor in creating deprivation indices is the spatial unit used to compute them). His current and proposed research on measuring and analysing the growing inequality in housing equity is also central to future research on social inequality (growth in housing wealth inequality has far outstripped the growth in income inequality - see Thomas and Dorling 2004). He has also begun work on analysing the role that house price inequality plays in creating inequities in access to quality secondary education in Strathclyde. Furthermore, a large part of his research over the past six years has been examining inequalities in risk exposure among mortgage borrowers (not only are those at the lower end of the income schedule more likely to experience trigger events that make mortgage repayment difficult, but they are also more likely to be excluded from Mortgage Payment Protection cover - Pryce and Keoghan 2001; Kemp and Pryce 2001; Pryce 2002). Visit www.gwilympryce.co.uk for more details.

(C) Employment and Labour Markets:
Much of Dr Pryce's work has strong links with the labour market. Inequality in exposure to redundancy risk is a crucial determinant of the pattern of mortgage default and a number of his research projects have been related to this and the broader issue of the apparent conflict between globalisation/flexible labour markets and the inexorable growth of owner occupation (Maclennan and Pryce 1996; Maclennan and Pryce 1998; Pryce and Keoghan 2002). His work on analysing the take-up of Mortgage Payment Protection Insurance involved constructing models of unemployment risk and of the Income Support benefits system (Pryce 2002). He has a long-standing interest in the connections between labour supply and the housing market (eg his undergraduate dissertation was on labour supply; he developed the first UK econometric estimates of the unemployment-trap effects of Housing Benefit [Pryce 1999]; he is currently supervising a PhD that looks at the links between mortgage repayment difficulties and household labour supply adjustment). Moreover, a crucial factor in Gwilym's current research for ODPM on the determinants of frequency of sale of residential dwellings is the pattern of employment and unemployment. He is also involved in a SEPA project with Beaumont and Pates examining the determinants of employee loyalty in business organisations. He is also the director of a small business of his own -- GeeBeeJey Publishing and Consultancy. Visit www.gwilympryce.co.uk for more details on Dr Pryce's academic work, and visit www.geebeejey.co.uk for information on GeeBeeJey Publishing and Consultancy.

(D) Crime
Dr Pryce has worked with K. Goodhall, Faculty of Law on a project funded by Strathclyde Police analysing racist incidents before and after September 11th.

(E) Socio-Linguistics
Dr Pryce has been working with Timmins and Stuart-Smith, Dept of English Language, funded by ESRC on The Determination of Vowel and Consonant Pronunciation by Socio-Economic and Media Factors. Visit www.gwilympryce.co.uk for more details.

(F) Theology
Dr Pryce has been working with Dr E. Stoddart, Department of Theology, University of St. Andrews on the Aversion to Raising Hell in Pastoral Situations. Gwilym also has interests in a range of theological topics including the doctrine of tithing and Christian economics (he is a member of the Association of Christian Economists). See the Beliefs page of www.gwilympryce.co.uk for more details;

Industrial Relevance

Dr Pryce is also an Associate Member of ImoEconometrics, a Portuguese real estate investment consultancy firm, and is the Director of GeeBeeJey Publishing and Consultancy (www.geebeejey.co.uk).

Keywords

COS Keywords:

Economics, Housing, Public Policy, Social Sciences.

Additional Terms:

Demand and Supply of Housing, GeeBeeJey Publishing, Inference and Statistics in SPSS, Mortgage Markets, Submarkets.

Publications

  • Pryce, G., Inference and Statistics in SPSS, Glasgow, GeeBeeJey Publishing (www.geebeejey.co.uk), 1 Oct 2005, ISBN=0955143306
  • Hendershott, P., Pryce, G., The Sensitivity of Homeowner Leverage to the Deductibility of Home Mortgage Interest, NBER Working Paper, No. 11489, Jul 2005
  • Bowie-Cairns, H., Pryce, G., Trends in Mortgage Borrowers' Repayment Difficulties, Housing Finance, London, Council for Mortgage Lenders, Jul 2005
  • Stoddart, E., Pryce, G., Observed Aversion to Raising Hell in Pastoral Care: the Conflict Between Doctrine and Practice, Journal of Empirical Theology, 18(2), 129-153, 2005
  • Pryce, G., The Micro and Macro Effects of the Location of New Housing Supply, Office of the Deputy Prime Minister, 2004
  • Pryce, G., Worst Of The Good And Best of The Bad: Adverse Selection Consequences of Risk Pricing, Journal of Property Investment & Finance, 21(6), 2003
  • Pryce, G., Greening by the Market? Distortions Caused by Fiscal Incentives to Build on Brownfield Land, Housing Studies, 18(4), 2003
  • Hendershott, P., Pryce, G. and White, M., Household Leverage and the Deductibility of Home Mortgage Interest, Journal of Housing Research, 14(1), 2003
  • Pryce, G. and Gibb, K., Does residential new construction boost or depress the adjacent market for second hand homes?, Joseph Rowntree Foundation, York., 2003
  • Bailey, N., Flint, J., Goodlad, R., Shucksmith, M., Fitzpatrick, S., and Pryce, G., Measuring deprivation in Scotland: developing a long-term strategy, Final report, Scottish Executive. Edinburgh: Scottish Executive Central Statistics Unit, 2003
  • Pryce, G. and Keoghan, M., Unemployment Insurance for Mortgage Borrowers: Is it viable and does it cover those most in need?, European Journal of Housing Policy, 2(1), 2002
  • Pryce, G. & Kasparova, D., Private Rented Sector Supply: An Analysis of the Scottish House Condition Survey Longitudinal Data-set, Scottish Homes, Edinburgh., 2002
  • Pryce, G. and Lynch, E., Development of a Housing Market Database for Glasgow, GSPC/Communities Scotland, Glasgow, 2002
  • Kemp, P. and Pryce, G., Evaluating the Mortgage Safety Net, Council for Mortgage Lenders, London., 2002
  • Houston, D., Peter Kemp and Gwilym Pryce, Review of the Private Rented Sector in Wales, National Assembly for Wales, 2002
  • Lynch, E., Stephens, M. and Pryce, G., Housing and Social Cohesion in the UK, European Commission, 2002
  • Pryce, G., Giving and Taxing, Learn to Live Living Theology programme, Edinburgh, 2002
  • Pryce, G., The Principle of Giving and the Practice of Tithing, University of Glasgow Mimeo, 2002
  • Pryce, G., Theory and Estimation of the Mortgage Payment Protection Insurance Decision, Scottish Journal of Political Economy, 49(2), 2002
  • Pryce, G. & Keoghan, M., Determinants of Mortgage Protection Insurance Take-Up, Housing Studies, 16(2), 179-198, 2001
  • Kemp, P. A. and Pryce, G., Evaluating the Mortgage Safety Net, Housing Finance, 52, 32-37, 2001
  • Bramley, G., Pryce, G. & Satsangi, M., The Supply Responsiveness of the Private Rented Sector: An International Comparison, Department of the Environment, Transport and the Regions: London., 1999
  • Pryce, G. & Keoghan, M., Safety Nets for Mortgage Borrowers, Scottish Homes: Edinburgh, 1999
  • Pryce, G., Construction Elasticities and Land Availability: A Two Stage Least Squares Model of Housing Supply Using the Variable Elasticity Approach, Urban Studies, 36(13), 2283-2304, 1999
  • Pryce, G., Work Incentives and Rent: Evidence from Glasgow Housing Associations, Netherlands Journal of Housing and the Built Environment, 14(4), 343-362, 1999
  • Maclennan, D. & Pryce, G., Missing Links: The Economy, Cities & Housing, National Housing Federation: London., 1998
  • Pryce, G., 'Income Support for Mortgage Interest and the Crowding Out of Mortgage Payment Protection Insurance', Housing Finance, 39, 27-31, 1998
  • Pryce, G., Spreading the Risk, Housing, 26-27, Apr 1996
  • Maclennan, D. & Pryce, G., Housing, Public Services Yearbook 1996/97, 277-284, 1996
  • Maclennan, D. & Pryce, G., Global Economic Change, Labour Market Adjustment, and the Challenges for Housing Policies, Urban Studies, 33(10), 1849-1865, 1996
  • Gibb, K., Kearns, A., Keoghan, M., More, A., & Pryce, G., Community Ownership Rents: Greater Easterhouse in the Glasgow Context, Greater Easterhouse Community Ownership Forum, 1996
  • Gibb, K., Jamieson, J., Maclennan, D. & Pryce, G., The Development of Owner Occupied Housing Markets in Scotland, Report to Monopolies and Mergers Commission, 1996

Profile Details

Last Updated: 10/6/2005

COS Expertise ID #1173357
Reference this profile directly: http://myprofile.cos.com/GwilymPryce