Showing 1 - 10 of 14
The application of hedonic price approaches to obtain estimates of the households' value of apartment characteristics is invalid for regulated housing markets such as public housing. We introduce and apply an alternative method that allows us to estimate the renters' marginal willingness to pay...
Persistent link: https://www.econbiz.de/10008872439
We introduce a sorting model for firms where firm-specific profit coefficients can be identified given information on location choices of firms. It is shown that one may estimate such a model using a semiparametric Poisson approach. We apply this approach by examining the effects of...
Persistent link: https://www.econbiz.de/10010738126
We estimate welfare losses of policies that provide on-street parking permits to residents almost free of charge in Dutch shopping districts that are predominantly downtown. Our empirical results indicate that parking supply is far from perfectly price elastic, implying that there are...
Persistent link: https://www.econbiz.de/10011052386
Many cities apply planning policies to protect a valuable building stock. These policies may have adverse side-effects. We aim to estimate the costs of within-city regulatory restrictions for house owners. To avoid endogeneity issues with respect to supply restrictions, we employ a...
Persistent link: https://www.econbiz.de/10010574118
In this paper, we study how congestion and residential moving behaviour are interrelated, using a two-region job search model. Workers choose between interregional commuting and residential moving, in order to live closer to their place of work. This choice affects the external costs of...
Persistent link: https://www.econbiz.de/10005377260
We hypothesise, and test for, a negative effect of the length of the worker's commute on worker's productivity, by examining whether the commute has a positive effect on worker's absenteeism. We identify this effect using employer-induced changes in commuting distance. Our estimates for Germany...
Persistent link: https://www.econbiz.de/10008872451
We introduce a methodology to estimate the effect of parking prices on car drivers' choice between street and garage parking. Our key identifying assumption is that the marginal benefit of parking duration does not depend on this choice. The endogeneity of parking duration is acknowledged in the...
Persistent link: https://www.econbiz.de/10011052392
We aim to estimate the effect of search imperfections on the length of the average commute. We start from the assumption that the commute of the self-employed is the result of a search process for vacant workplaces, whereas employees search for vacant jobs. Because the arrival rate of workplaces...
Persistent link: https://www.econbiz.de/10005377181
This paper analyzes the possibilities to relieve traffic congestion using subsidies instead of Pigouvian taxes, as well as revenue-neutral combinations of rewards and taxes (‘feebates’). The model considers a Vickrey–ADL model of bottleneck congestion with endogenous scheduling. With...
Persistent link: https://www.econbiz.de/10010608494
This paper studies policy interactions between an urban and a regional government, both controlling one link of a two-link serial road network, where regional drivers may use both roads and urban drivers use the urban road only. Both governments set capacity and toll on one link, in a two-stage...
Persistent link: https://www.econbiz.de/10005363180