Showing 1 - 10 of 26
This paper investigates the development of house prices in Copenhagen in the period 1994-2013, while paying special attention to the heterogeneous impact of the boom and bust periods along the dimensions of housing type (single vs multifamily housing), geography and quality. To allow for price...
Persistent link: https://www.econbiz.de/10011720315
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Reimbursement of commuting costs by employers has attracted little attention from economists. We develop a theoretical model of a monopsonistic employer who determines an optimal recruitment policy in a spatial labour market with search frictions and show that partial reimbursement of commuting...
Persistent link: https://www.econbiz.de/10011372498
How should urban containment and the diversion of households to nearby residential areas be evaluated from a welfare economic perspective? Assuming the existence of a negative externality of city size, we develop a concise general equilibrium model for a mother city and a satellite. This...
Persistent link: https://www.econbiz.de/10011374401
way that is consistent with economic theory. The model is used to consider situations in which one route or mode cannot be …
Persistent link: https://www.econbiz.de/10011334348
We study the role of land development restrictions for the effects of highway expansion on the spatial distribution of population. We demonstrate that these restrictions strongly interfered with the effects of highways in the Netherlands. Introducing an IV approach to address endogenous...
Persistent link: https://www.econbiz.de/10011772970
Conventional economic models of traffic congestion assume that therelation between road use and speed is a technical one. In this paper wederive the speed-flow relationship from more fundamental considerationsconcerning driving behaviour. We develop a structural model in which driverschoose...
Persistent link: https://www.econbiz.de/10011316888
This paper studies the interaction between job mobility and housing mobility by considering the duration of commutes. Conventional models assume that the employrnent location has priority over the residentiallocation and that the latter is adapted to the former. This implies that the duration of...
Persistent link: https://www.econbiz.de/10011326405
This paper provides a link between car following theory and the economic theoryof road congestion by means of a theory … of speed choice. According to this theory speedchoice is based on a trade-off between the benefits (shorter travel time … elaborating this relationship a number of car-following models can be derived fromthis theory of speed choice. Wit homogeneous …
Persistent link: https://www.econbiz.de/10011327845