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Our central concern in this paper is to examine some alternative policies for physically containing the growth of urban areas. We undertake a microsimulation to provide a comparison between land use planning policies that enforce an urban growth boundary and policies that limit development at...
Persistent link: https://www.econbiz.de/10008520353
There has been a growing literature in both the US (for example Haurin and Brasington 1996, and Black 1999) and the UK (for example Gibbons & Machin, 2003) that estimates the way in which school quality is capitalised into house prices. Cheshire and Sheppard 1995 and 1999 estimated hedonic...
Persistent link: https://www.econbiz.de/10008520357
There has been a growing literature in both the US (for example Haurin and Brasington 1996, and Black 1999) and the UK (for example Gibbons & Machin, 2001) that estimates the way in which school quality is capitalised into house prices. Cheshire and Sheppard 1995 and 1999 have estimated hedonic...
Persistent link: https://www.econbiz.de/10011314579
Although directed to the British system of land use planning this paper has relevance for many OECD countries. The paper starts by characterising the basic features of planning systems which seek to impose 'growth boundaries' as has been the case in Britain since 1947. In contrast to the...
Persistent link: https://www.econbiz.de/10011324399
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ERES:conference
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Many cities contain local agglomerations of cultural organizations. The "Museum Mile" portion of 5th Avenue in New York, the Museumplein in Amsterdam, Exhibition Road in South Kensington, London are famous examples, and there are hundreds of others large and small. These clusters may arise for...
Persistent link: https://www.econbiz.de/10011271638
We use agent-based models to consider rent ceilings in non-Walrasian housing markets, where bargaining between landlord and tenant leads to exchange at a range of prices. In the non-Walrasian setting agents who would be extramarginal in the Walrasian setting frequently are successful in renting,...
Persistent link: https://www.econbiz.de/10008520355