Showing 51 - 60 of 23,030
We study the political economy of commuting subsidies in a model of a mono-centric city with two income classes. Depending on housing demand and transport costs, either the rich or the poor live in the central city and the other group in the suburbs. Commuting subsidies increase the net income...
Persistent link: https://www.econbiz.de/10013318859
Peoples’ opinion has been an adjudged tool for proffering solution to various urban problems. By this, information is sourced to guide policy-makers and other environmentally concerned stakeholders in taking enlightened decisions about the future of cities. This study therefore examined urban...
Persistent link: https://www.econbiz.de/10012295016
Municipal zoning practices profoundly shape urban life in the United States. In regions such as Silicon Valley, regulatory barriers to residential construction have helped raise house prices to roughly ten times the national median. These astronomic prices have prompted some households to move...
Persistent link: https://www.econbiz.de/10012845603
Using commuting data for Brisbane, Australia, we find that accounting for measurement error in travel times causes the magnitude of parameters in mode and location choice models to increase approximately three-fold and 30-40%, respectively. Errors appear to be somewhat systematic, with travel...
Persistent link: https://www.econbiz.de/10014233393
I demonstrate that in the monocentric city model, an allocation is in the core if and only if it is an equilibrium allocation, as long as households are endowed with strictly positive quantities of a composite consumption good, enjoy any net trade bundle at least as much as they enjoy one on the...
Persistent link: https://www.econbiz.de/10014052967
The relationships among three groups of variables environmental conditions in residential neighborhoods, postoccupancy housing changes and modifications (HCMs), and the market values of residential properties are investigated. While traditional hedonic modeling assumes the existence of direct...
Persistent link: https://www.econbiz.de/10014053701
In this chapter, we provide an overview of research on neighborhoods and social networks and their role in shaping behavior and economic outcomes. We include a discussion of empirical and theoretical analyses of the role of neighborhoods and social networks in crime, education, and labor-market...
Persistent link: https://www.econbiz.de/10014025310
This chapter focuses on neighborhood effects in housing markets. Households in effect choose neighborhood effects, or more generally social interactions, via their location decisions, which renders them endogenous. Across several classes of models that it examines, it emphasizes how we may...
Persistent link: https://www.econbiz.de/10014025502
Looking at data from HUD’s low income housing tax credit database from 1987 to 2001, we examine how the US tax credit program has concentrated poverty in neighborhoods by offering advantages to developing low income housing projects in low income census tracts. We then use a simple Cellular...
Persistent link: https://www.econbiz.de/10005119003
Whether people of differing types can live happily together is one of the most important social and political questions concerning urban areas. From a variety of theoretical perspectives, such mixing seems extremely unlikely. While the theoretical result seems well supported in the context of...
Persistent link: https://www.econbiz.de/10003679394