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leads to soil subsidence and subsequent induced earthquakes that may occur only after a couple of decades. We show that … induced earthquakes that are noticeable to residents generate substantial non-monetary economic effects, as measured by their … earthquakes do not occur randomly over space, we use temporal variation in the occurrence of noticeable earthquakes while …
Persistent link: https://www.econbiz.de/10010504117
Contemporary European urban planning policies aim to mix land uses in compact neighbourhoods. It is presumed that mixing land uses yields socio-economic benefits and therefore has a positive effect on housing values. In this paper, we investigate the impact of mixed land use on housing values...
Persistent link: https://www.econbiz.de/10011382068
It has been argued that the growth of cities is increasingly determined by the presence of amenities. We study the economic effects of large scale subsidised investments in historic amenities, by looking at their impact on house prices. We aim to distinguish between the direct and indirect...
Persistent link: https://www.econbiz.de/10010477090
We study the economic effects of place-based policies in the housing market taking into account search frictions. Theory indicates that beneficial policies increase house prices, but temporarily reduce sales times of owner-occupied properties. We investigate both effects for a place-based...
Persistent link: https://www.econbiz.de/10011583708
The survival of firms under changes in the business environment caused by exogenous shocks may be explained using economic Darwinism. Exogenous shocks can cause "cleansing effects" as shocks clean out unproductive firms so that available resources are allocated to the remaining more productive...
Persistent link: https://www.econbiz.de/10011801461
We study whether floods can affect financial stability through a credit risk channel. Our focus is on the Netherlands, a country situated partly below sea level, where insurance policies exclude property damages caused by some types of floods. Using geocoded data for close to EUR 650 billion in...
Persistent link: https://www.econbiz.de/10014450613
Paid parking is the recommended policy tool by economists to deal with excess demand for street parking. However, we know very little about the effects of this policy on residents. This is particularly important in the context that residents have political power and usually vote against paid...
Persistent link: https://www.econbiz.de/10011636448
Persistent link: https://www.econbiz.de/10009784944
In this paper we provide evidence of segmentation of the Dutch land markets by spatial planning into three compartments referring to agricultural, industrial and residential use. We analyze transactions of ready-to-be developed land provided by the Dutch Land Register (Kadaster) and find that...
Persistent link: https://www.econbiz.de/10011446891
Highway construction occurs nowadays mainly through widening of existing roads rather than building new roads. This paper documents that highway widenings considerably reduce congestion in the short run, defined here as 6 years. Using longitudinal microdata from highway detector loops in the...
Persistent link: https://www.econbiz.de/10012817015