Showing 1 - 10 of 11
The paper presents a polycentric general equilibrium model with congestion externalities and distortionary labor taxation calibrated to fit the key empirical regularities of the regional economy and transport system of Randstad conglomeration. In line with more stylized models, marginal external...
Persistent link: https://www.econbiz.de/10011298885
This paper considers second-best congestion pricing in the monocentric city, with endogenous residential density and endogenous labour supply. A spatial general equilibrium model is developed that allows consideration of the three-way interactions between urban density, traffic congestion and...
Persistent link: https://www.econbiz.de/10011337992
We develop a model of an economy with several regions, which differ in scale. Within each region, workers have to search for a job-type that matches their skill. They face a trade-off between match quality and the cost of extended search. This trade-off differs between regions, because search is...
Persistent link: https://www.econbiz.de/10011326951
The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...
Persistent link: https://www.econbiz.de/10010390079
Persistent link: https://www.econbiz.de/10001689280
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This paper considers tradable mobility permit schemes in a monocentric city with a distorting labor tax. Three schemes are analyzed, that differ by the (spatial) allocation of permits to households. Numerical results show that the scheme with permits allocated in proportion to labor supply...
Persistent link: https://www.econbiz.de/10012614119
Recent technological developments open up possibilities for introducing a vast number of novel mobility concepts in urban environments. One of these new concepts is urban air mobility (UAM). It makes use of passenger drones for on-demand transport in urban settings, promising high travel speeds...
Persistent link: https://www.econbiz.de/10012434069