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Although urban economics theory predicts that households with higher incomes have different commuting time patterns than low income households, the direction of the effect is ambiguous. From a "value of time” perspective, one can argue that high income households may have shorter commuting...
Persistent link: https://www.econbiz.de/10011324742
In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the timecosts fall. Using data from Great Britain, we...
Persistent link: https://www.econbiz.de/10010325545
Persistent link: https://www.econbiz.de/10010334994
We develop an urban equilibrium job search model where residential mobility is restricted due to the presence of residential moving costs. We presume a simple mono-centric model (firms are located in one location), but allow for imperfect labour and housing markets. We set out to analyse an...
Persistent link: https://www.econbiz.de/10011314577
Transaction costs have attracted considerably attention in the theoretical literature on residential mobility. In many European countries, these costs mainly consist of ad-valorem transaction costs. In the current paper, we demonstrate empirically for the Netherlands that the transaction costs...
Persistent link: https://www.econbiz.de/10011314578
We apply spatial interaction models using panel data to explain commuting behaviour in the Netherlands. Our main conclusion is that the distance-decay effect is not constant over time and that changes in this effect are region specific. In more densely populated regions the change in the...
Persistent link: https://www.econbiz.de/10011314659
In this paper we analyse the commuting distribution from a job search perspective. We have examined under which conditions the commuting distribution is unimodal which is one of the stylised facts of commuting. It appears that a necessary condition is that space is two-dimensional. Furthermore,...
Persistent link: https://www.econbiz.de/10011318856
We investigate the interaction of regional population and employment in a simultaneous model. A focus on regional time series allows us to innovate in two ways on the ongoing causality debate in the literature. Firstly, a dynamic specification is proposed that generalizes the often assumed...
Persistent link: https://www.econbiz.de/10011318860
Although the growing economics of parking literature almost exclusively focuses on the drivers' choice between curb and garage parking (and the consequences of non-optimal pricing), we are not aware of a substantial literature of revealed-preference studies which examines this choice. As a...
Persistent link: https://www.econbiz.de/10011340860
According to economic theory, the price of parking must vary with the demand for this good. We study the economic consequences of not doing so by estimating the employees' parking demand at one organisation, which, rather uniquely, follows this recommendation. We estimate the effect of the...
Persistent link: https://www.econbiz.de/10011340871