Showing 1 - 10 of 21
As is well known housing has a unique set of characteristics which interact to cause the operation of the housing market to be significantly different from that of other markets. On the demand side individuals have to search for vacancies and its characteristics. Due to the high dimensionality...
Persistent link: https://www.econbiz.de/10005747657
This paper deals with the relocation of firms. There are indications from former research, that age, size and market are determinants of relocated companies. This paper aims to demonstrate that mobile firms are younger, more export oriented and more rapidly growing. With the use of two theories,...
Persistent link: https://www.econbiz.de/10005817749
We develop an equilibrium job search model in which employees incur commuting costs, and residential relocation is costly. We demonstrate that firms partially compensate workers for the incurred relocation costs to avoid paying compensation for commuting costs.
Persistent link: https://www.econbiz.de/10005747616
Low water levels are a potential threat to the inland navigation market. We develop a theoretical model to analyze low water-level uncertainty in the inland navigation market. A negative effect of climate change on welfare is expected due to the increase in cost per tonne of transport when low...
Persistent link: https://www.econbiz.de/10009322140
This paper estimates a heterogeneous sorting model for firms, employing a semiparametric Poisson approach. We show that there is an equivalence relation between a locally weighted Logit and Poisson model. We apply our model to estimate firm-specific preferences of business services firms for...
Persistent link: https://www.econbiz.de/10009322218
In this paper, we employ search theory as a micro-economic foundation for the wasteful commuting hypothesis. In the empirical analysis, the extent of the ‘wasteful commuting’ is identified by comparing the commute of employees and self-employed individuals who do not work from home. It is...
Persistent link: https://www.econbiz.de/10005817428
Although urban economics theory predicts that households with higher incomes have different commuting time patterns than low income households, the direction of the effect is ambiguous. From a “value of time” perspective, one can argue that high income households may have shorter commuting...
Persistent link: https://www.econbiz.de/10005817765
We develop an urban equilibrium job search model where residential mobility is restricted due to the presence of residential moving costs. We presume a simple mono-centric model (firms are located in one location), but allow for imperfect labour and housing markets. We set out to analyse an...
Persistent link: https://www.econbiz.de/10005817853
We apply spatial interaction models using panel data to explain commuting behaviour in the Netherlands. Our main conclusion is that the distance-decay effect is not constant over time and that changes in this effect are region specific. In more densely populated regions the change in the...
Persistent link: https://www.econbiz.de/10005539426
In this paper we analyse the commuting distribution from a job search perspective. We have examined under which conditions the commuting distribution is unimodal which is one of the stylised facts of commuting. It appears that a necessary condition is that space is two-dimensional. Furthermore,...
Persistent link: https://www.econbiz.de/10005539686