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leads to soil subsidence and subsequent induced earthquakes that may occur only after a couple of decades. We show that … induced earthquakes that are noticeable to residents generate substantial non-monetary economic effects, as measured by their … earthquakes do not occur randomly over space, we use temporal variation in the occurrence of noticeable earthquakes while …
Persistent link: https://www.econbiz.de/10010504117
Persistent link: https://www.econbiz.de/10011523960
Persistent link: https://www.econbiz.de/10011593706
probability of sale of officially declared earthquake-prone buildings rose markedly after the Christchurch earthquakes. Our …
Persistent link: https://www.econbiz.de/10013012128
earthquakes. Specifically, we test for changes in risk premia associated with soil liquefaction potential, previously a largely … change in the price of liquefaction risk in the low seismic area following the Canterbury earthquakes. However, we do find … earthquakes. These findings are all in accord with rational responses to risk following the earthquakes. However, the liquefaction …
Persistent link: https://www.econbiz.de/10013044268
Contemporary European urban planning policies aim to mix land uses in compact neighbourhoods. It is presumed that mixing land uses yields socio-economic benefits and therefore has a positive effect on housing values. In this paper, we investigate the impact of mixed land use on housing values...
Persistent link: https://www.econbiz.de/10011382068
In this paper I measure the impact of urbanisation and localisation economies on commercial rents (offices and industrial buildings) using unique micro-data on both commercial property transactions, as well as all firm (establishment) locations. I add to the literature in three important ways....
Persistent link: https://www.econbiz.de/10011508127
We study the economic effects of place-based policies in the housing market taking into account search frictions. Theory indicates that beneficial policies increase house prices, but temporarily reduce sales times of owner-occupied properties. We investigate both effects for a place-based...
Persistent link: https://www.econbiz.de/10011583708
We study neighbourhood externalities caused by large public investments in poor neighbourhoods. A stylised theory of a linear city is proposed to guide interpretation of the magnitude and attenuation of the external effects generated by these public investments. We use a large Dutch nationwide...
Persistent link: https://www.econbiz.de/10011537982
In this paper, we construct a quality-adjusted rent index for the office market in Oslo. Commonly used rent indices are based on average developments or expert opinions. Such indices often suffer from compositional biases or low data coverage. Using detailed data from more than 16,000 rental...
Persistent link: https://www.econbiz.de/10012225935