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Partisanship and political polarization are salient features of today’s society. We merge deeds records with voter rolls and show that political polarization is more than just “political cheerleading.” Descriptively, homeowners are more likely to sell their homes and move when their...
Persistent link: https://www.econbiz.de/10013241353
Households in real cities are heterogeneous regarding their size and composition. An aspect usually neglected in urban models used to study economic and policy issues that arise in today's cities. We develop an urban general equilibrium model that takes a more complex household structure...
Persistent link: https://www.econbiz.de/10003851085
Households in real cities are heterogeneous regarding their size and composition. This implies that the household structure -i.e. the (average) household size, the composition, the relative share of different household types, and the number of households - differs across cities. This aspect is...
Persistent link: https://www.econbiz.de/10003851094
Germany like many other European countries subsidize commuting by granting the right to deduct commuting expenses from the income tax base. This regulation has often been changed and has regularly been under debate during the last decades. The pros (e.g. causing efficiency gains with respect to...
Persistent link: https://www.econbiz.de/10011549412
utility functions, this model applies the revealed preference theory. In his original paper, Turnbull established several … simple because we demonstrated that the GARP axiom used in the revealed preference theory is equivalent to a simple equation …
Persistent link: https://www.econbiz.de/10011478826
mile in 2011. Consistent with economic theory that higher income workers have a higher shadow value of time that increases …
Persistent link: https://www.econbiz.de/10012985505
Households in real cities are heterogeneous regarding their size and composition. This implies that the household structure - i.e. the (average) household size, the composition, the relative share of different household types, and the number of households - differs across cities. This aspect is...
Persistent link: https://www.econbiz.de/10014200280
Households in real cities are heterogeneous regarding their size and composition. An aspect usually neglected in urban models used to study economic and policy issues that arise in today's cities. We develop an urban general equilibrium model that takes a more complex household structure...
Persistent link: https://www.econbiz.de/10014200283
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
This paper examines several policy regimes to deal with the problem that households suffer from environmental damage by firms in the same region. Taxation gives firms and households an incentive to stay away from each other. Laissez faire (compensation) only gives households (firms) an incentive...
Persistent link: https://www.econbiz.de/10014083413