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This paper investigates second-best congestion pricing in a monocentric city characterized by distortionary, rigid regulatory mechanisms in the housing market (building height restrictions, zoning and property taxation). The Pigouvian toll is shown to retain its optimality under any setting with...
Persistent link: https://www.econbiz.de/10010464784
In this paper, I develop an overlapping generations model to analyze the effects of property transfer taxes on homeownership, residential mobility, and welfare in the Netherlands. A revenue-neutral abolition of the 2% transfer tax increases the likelihood that homeowners sell their old house and...
Persistent link: https://www.econbiz.de/10013332732
Ethnicity has become an increasingly important factor in neighborhood formation in many developed economies. We specify … among people of one's own ethnic group, but in a sufficiently diverse neighborhood. We discuss ways to extend and apply our …
Persistent link: https://www.econbiz.de/10011523545
theneighborhoodunemployment rate. Other neighborhood characteristics such as theaveragehousing price are not important. From this we conclude that …
Persistent link: https://www.econbiz.de/10011302608
In this paper I study conditions for the emergence of cooperativebehavior in a dynamic model of population interaction.The model has finitely many individuals located on a circle. The pay-off of each individual is partly based on the (local)interaction with neighbors and partly on (uniform)...
Persistent link: https://www.econbiz.de/10011303319
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background and neighborhood effects as determinants of entrepreneurship, by estimating sibling correlations in entrepreneurship … siblings share (i.e., family background and neighborhood effects). The average is 28 percent. Hence, entrepreneurship is far … neighborhood effects matter, but are rather small, particularly when compared with the overall importance of family factors …
Persistent link: https://www.econbiz.de/10011539965
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