Showing 1 - 10 of 82
In spite of a growing recognition of the importance of supply conditions for the level and volatility of house prices, empirical work on housing supply outside the US is scarce. This paper considers various measures of housing supply in the Netherlands, where real house prices have roughly...
Persistent link: https://www.econbiz.de/10010325241
How should urban containment and the diversion of households to nearby residential areas be evaluated from a welfare economic perspective? Assuming the existence of a negative externality of city size, we develop a concise general equilibrium model for a mother city and a satellite. This...
Persistent link: https://www.econbiz.de/10010325645
We present a modified open monocentric city model that assumes that land is available for conversion into new housing throughout the city. The model predicts that positive local income shocks (i) increase the city's share of multi-family housing in new construction and (ii) lead to the...
Persistent link: https://www.econbiz.de/10010491350
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
The understanding of migration behaviour is of key importance for regional population forecasting. This paper studies the phenomenon empirically, the results are to be applied in a regional labour market model that forecasts the spatial distribution of employment and labour force in the long...
Persistent link: https://www.econbiz.de/10011314664
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
The empirical wage curve literature has demonstrated that workers in high-unemployment regions earn less. At the same time, many labour markets, especially in Europe, are characterised by persistent regional unemployment differentials and a low interregional labour mobility rate. It is argued in...
Persistent link: https://www.econbiz.de/10011324507
This paper explores regional unemployment and participation data that distinguish gender, age and educational attainment. We observe a panel of 40 Dutch regions over the period 1992 - 2003. Issues such as the national component in regional labour market developments, the role of the labour force...
Persistent link: https://www.econbiz.de/10011324529
We investigate the interaction of regional population and employment in a simu1taneousmodel, allowing for interregional commuting. The proposed dynamic specificationdistinguishes between short-run and equilibrium adjustment effects and it encompassesthe lagged-adjustment specification that is...
Persistent link: https://www.econbiz.de/10010325302
Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates, there is no compensation in labour markets? We hypothesize that workers in high-unemployment regions are compensated in housing markets. Modelling regional unemployment...
Persistent link: https://www.econbiz.de/10010325341