The effects of perceived expectations and uncertaintyon firm investment decisions are analyzed. After a review of the literature onthe relationship between investment and uncertainty, data from a 1998 survey of135 plants in the Netherlands are used to estimate a model of the impact ofperceived...

In this paper we propose an equilibrium model for the housing market which provides an explanation for observed housing consumption of households over their lifetimes. The moving behavior of households is described as a stochastic dynamic process in which households' moving decisions depend on...

This paper analyses the effect of uncertainty on investment spending. We analyse two types of investment, i.e. aggregate investment and investment in energy saving technologies, using subjective evaluations of expectations and uncertainty of Dutch firms in 1997. We estimate several models...

This paper extends previous literature on variations in mobility rates across local housing markets by examining the linkage of mobility rates at the household level to the structure of local housing markets. The results indicate that residential mobility rates differ widely across local housing...

The paper examines the impact of contextual factors on young households residential moves. By dealing with young households moves over a limited period of time enables us to show how differences in contextual factors determine differences in young households residential mobility rates. A housing...

This paper analyses the effect of uncertainty on investment spending. We analyse two types of investment, i.e. aggregate investment and investment in energy saving technologies, using subjective evaluations of expectations and uncertainty of Dutch firms in 1997. We estimate several models...

As is well known housing has a unique set of characteristics which interact to cause the operation of the housing market to be significantly different from that of other markets. On the demand side individuals have to search for vacancies and its characteristics. Due to the high dimensionality...