Showing 1 - 10 of 12
Local amenities are an important factor in the location choice of households. Heterogeneity in preferences of households tends to sort households over different locations which satisfy best their preferences given their constraints. In this paper, we analyze the effect of cultural heritage on...
Persistent link: https://www.econbiz.de/10011543251
Recent research shows that urban heritage can be an important factor of residential location choice, and that especially highly educated households are attracted by the presence of cultural heritage. In this paper, we use a location choice model to investigate the attractiveness of neighborhood...
Persistent link: https://www.econbiz.de/10011553821
In this paper we study the relationship between cultural heritage and retail store dynamics at the neighbourhood level in the Netherlands. We analyze the total number of stores, number of vacant stores and number of stores by retail sub-industry in neighbourhoods, thereby focusing on the impact...
Persistent link: https://www.econbiz.de/10011490067
Current developed economies' growth becomes increasingly dependent on the performance of innovation and skill-intensive industries. Therefore, the ability of cities to attract skilled or highly-educated individuals becomes more and more important for their growth and economic development. In...
Persistent link: https://www.econbiz.de/10011491208
This paper studies the demand for mortgage debt in the Netherlands. Currently the size of this debt exceeds that of GDP, which makes is interesting to look at its determinants. We argue that the absence of a downpayment constraint is important and focus on two other issue. The first is the...
Persistent link: https://www.econbiz.de/10011507742
It has often been observed that there is substantial spatial variation in criminality, i.e. criminality clusters in neighborhoods. Differences in neighborhood characteristics are one possible reason, social interactions another. In this paper we use detailed data on the residential location of...
Persistent link: https://www.econbiz.de/10011512780
Human capital is a fundamental factor for every major urban agglomeration in modern-day society and economy. Urban amenities facilitate face to face contact both for pleasure and for productivity. Hence, the aim of this paper is to investigate the relationship between these amenities and the...
Persistent link: https://www.econbiz.de/10011514671
According to Oswald's hypothesis homeowners experience more problems in finding a new job after becoming unemployed because their moving costs are higher than those of renters. Empirical research has revealed that this effect is counteracted by the job search behavior of unemployed homeowners:...
Persistent link: https://www.econbiz.de/10011559785
This paper provides a model for the well-known empirical phenomenon that houses of different quality experience different price developments. The typical pattern is that luxury houses appreciate more in boom periods and depreciate more during busts. The standard model of housing demand treats...
Persistent link: https://www.econbiz.de/10011538569
Proximity to water is appreciated by households. Hedonic analyses that try to measure the value of this amenity are potentially biased by omitted variables as locations close to the water may be selected by households with higher incomes who construct more luxury houses. Since it is difficult to...
Persistent link: https://www.econbiz.de/10011492472