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Mixed commercial and residential land use is observed in most cities around the world. Despite its ubiquity, urban economic theory is rather silent on the formation of mixed land use. In particular, standard bid rent models typically predict complete segregation of land use. The two main...
Persistent link: https://www.econbiz.de/10010931473
This paper applies a dynamic search model to estimate workers' marginal costs of commuting, including monetary and time costs. Using data on workers' job search activity as well as moving behaviour, for the Netherlands, we provide evidence that, on average, workers' marginal costs of one hour of...
Persistent link: https://www.econbiz.de/10005379114
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This paper is the first to empirically examine the residents' willingness to pay for on-street parking permits as well as the cost of cruising using an identification methodology based on house prices for Amsterdam. The residents' cost of cruising is about [euro]1 per day. The residents'...
Persistent link: https://www.econbiz.de/10009023950
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