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This Handbook brings together a range of viewpoints on a number of the burning issues affecting urban sustainability in North America and Europe at the beginning of the 21st century. H.S. Geyer and his contributors cover a wide spectrum of the urban policy issues that determine the growth and...
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We explore the impact of different types of supply constraints on house prices in England by exploiting a unique panel dataset of 353 local planning authorities ranging from 1974 to 2008. Using exogenous variation from a policy reform, vote shares and historical density to identify the...
Persistent link: https://www.econbiz.de/10011152975
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/10011255457
This discussion paper resulted in a publication in <A href="http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0335.2007.00664.x/abstract">'Economica'</A>, 2008, 76(301), 71-88.<P> 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...</p></a>
Persistent link: https://www.econbiz.de/10011255505
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/10011255818
Why has job growth over the past decades been weaker in the Dutch Randstad area than in surrounding regions? In a simultaneous equations analysis, we find that employment adjusts to the regional supply of labour. Net internal migration is predominantly determined by regional housing supply and...
Persistent link: https://www.econbiz.de/10011255906
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/10011256623