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In this paper we study the relationship between labour market accessibility and housing prices in a Norwegian region. Through a hedonic approach we estimate implicit prices for a location with a marginally improved labour market accessibility. We test alternative measures of spatial separation...
Persistent link: https://www.econbiz.de/10011318925
We first use alternative hedonic model formulations to compare predicted and observed prices of property transactions in alternative locations. The estimation of model parameters is based on data from Western Norway, and the model formulations differ with respect to the representation of spatial...
Persistent link: https://www.econbiz.de/10011325396
The starting point of this paper is a hedonic regression model where house prices are explained as a result of urban attraction and the accessibility to job opportunities in the region. The basic hypothesis is that house prices reflect that households in addition value accessibility to job...
Persistent link: https://www.econbiz.de/10011325398
This paper attempts to address three questions: (1) How unequal is access to employment and the wellbeing associated with it? (2) What is the money value consumers place on access to employment? and (3) How does the inequality of access to employment correspond to the geographical pattern of...
Persistent link: https://www.econbiz.de/10011332516
It has been argued that gravity models are the most popular mathematical description of human interaction (Sheppard, 1984). In relation to housing prices, gravity based accessibility measures have been suggested as a generalization of modern polycentric labour market structures (Heikkila et al....
Persistent link: https://www.econbiz.de/10011332556
A variety of methods have been developed which allow the estimation of benefits likely to arise from new transport infrastructure. In this paper, we concentrate on measuring commuting-related benefits. We compare and contrast two different approaches. The first relies on using data on commuting...
Persistent link: https://www.econbiz.de/10011336307
Persistent link: https://www.econbiz.de/10012410710
This paper exploits a quasi-experimental feature of the Norwegian spatial dispersal policy for UNHCR quota refugees, which leads to nearly as-if random initial residential settlement of the refugees. In this framework, we study if there are positive long-run employment consequences of being...
Persistent link: https://www.econbiz.de/10014370260