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In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the timecosts fall. Using data from Great Britain, we...
Persistent link: https://www.econbiz.de/10011338008
Persistent link: https://www.econbiz.de/10002200695
In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise commuting costs, which encompass both monetary and time costs. At faster speed levels, the monetary costs increase, but the time costs fall. Using data from Great Britain, we...
Persistent link: https://www.econbiz.de/10005209517
In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise commuting costs, which encompass both monetary and time costs. At faster speed levels, the monetary costs increase, but the time costs fall. Using data from Great Britain, we...
Persistent link: https://www.econbiz.de/10004988099
Although urban economics theory predicts that households with higher incomes have different commuting time patterns than low income households, the direction of the effect is ambiguous. From a “value of time” perspective, one can argue that high income households may have shorter commuting...
Persistent link: https://www.econbiz.de/10005817765
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
This paper examines the recruitment process of firms. We test whether firms search sequentially or non-sequentially using data compiled from filled vacancies. According to theory, in case of sequential hiring, the number of applicants is proportional to the number of employees hired, whereas in...
Persistent link: https://www.econbiz.de/10011255552
We study the employees' demand for hospital parking. We estimate the effect of the employees' parking price on demand using a difference-in-differences methodology. The deadweight loss generated by non-optimal pricing of parking is at least 9% of the hospitals' parking resource costs.
Persistent link: https://www.econbiz.de/10011255593
In the present study we carry out an analysis of speed fluctuations as a determinant of the quality of public transport. We do this by focusing on a special cause of unreliability: variations in weather conditions. We use hourly measured weather conditions. The panel data results imply that snow...
Persistent link: https://www.econbiz.de/10011255625