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interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or …
Persistent link: https://www.econbiz.de/10009444180
interactions. In particular, we prove uniqueness in the case of congestion effects and use a series of simulations to demonstrate … that a unique equilibrium is more likely to obtain (i) the smaller are any agglomeration effects, (ii) the larger are the …
Persistent link: https://www.econbiz.de/10009444202
in measuring the size and scope of local spillovers (i.e.,simple anonymous agglomeration or congestion effects, or more …
Persistent link: https://www.econbiz.de/10009475557
Cities are shaped by the strength of agglomeration and dispersion forces. We show that the COVID-19 pandemic has re …
Persistent link: https://www.econbiz.de/10015213972
Previous research on migration has focused more on the effect of wage differences between the destination and the origin on migration and less on how non-pecuniary attachments workers have to their current location may affect their migration decisions. In this paper, we examine how the presence...
Persistent link: https://www.econbiz.de/10015220223
Central cities in metropolitan areas are attractive to both residents and businesses, but there is insufficient space to accommodate both. As a result, residential and commercial properties compete for land. By examining the long-term impact of a real estate bubble on the land-use pattern of...
Persistent link: https://www.econbiz.de/10015233786
Our study shows that land price fluctuations are an important factor affecting suburbanization and gentrification of large cities. During a period of economic ascent, the rise of property prices favors commercial and office land use in central city areas, increasing their daytime population...
Persistent link: https://www.econbiz.de/10015265536
Our study shows that land price fluctuations are an important factor affecting suburbanization and gentrification of large cities. During a period of economic ascent, the rise of property prices favors commercial and office land use in central city areas, increasing their daytime population...
Persistent link: https://www.econbiz.de/10015266608
This paper analyses the convergence of US house prices. Our results confirm the existence of some degree of segmentation in the US housing market. We also provide robust evidence that the bursting of the housing price bubble has altered this market, observing different results when the sample...
Persistent link: https://www.econbiz.de/10015237876
Housing is a fundamental aspect of modern society, an indicator of standard of living and prosperity, which is influenced by a multitude of economic, social, environmental factors. Also, housing is the core-element of many regional and urban policies, national, regional or communitarian funded....
Persistent link: https://www.econbiz.de/10015242878