For many countries, tourism has a large impact on GNP, and the number of people employed in the tourist or related industries is large. We explain the decision whether to go on vacation on not and how often, the choice of destination and the decision on the level of expenditure, using different...

Couples of which both spouses are highly educated (so called 'power couples') face a more complex work-home relation than singles or single-earner households. However, the commuting time of power couples is relatively short. In this paper we analyze whether these power couples use their...

According to Oswald's hypothesis homeowners experience more problems in finding a new job after becoming unemployed because their moving costs are higher than those of renters. Empirical research has revealed that this effect is counteracted by the job search behavior of unemployed homeowners:...

Local amenities are an important factor in the location choice of households. Heterogeneity in preferences of households tends to sort households over different locations which satisfy best their preferences given their constraints. In this paper, we analyze the effect of cultural heritage on...

It has often been observed that there is substantial spatial variation in criminality, i.e. criminality clusters in neighborhoods. Differences in neighborhood characteristics are one possible reason, social interactions another. In this paper we use detailed data on the residential location of...

This paper studies the demand for mortgage debt in the Netherlands. Currently the size of this debt exceeds that of GDP, which makes is interesting to look at its determinants. We argue that the absence of a downpayment constraint is important and focus on two other issue. The first is the...

Recent research shows that urban heritage can be an important factor of residential location choice, and that especially highly educated households are attracted by the presence of cultural heritage. In this paper, we use a location choice model to investigate the attractiveness of neighborhood...

This paper provides a model for the well-known empirical phenomenon that houses of different quality experience different price developments. The typical pattern is that luxury houses appreciate more in boom periods and depreciate more during busts. The standard model of housing demand treats...

Apart from housing quality and employment accessibility, knowledge workers are relatively strongly attracted by urban amenities such as the presence of shops, a variety of restaurants, recreational public spaces (e.g., parks), and by cultural facilities such as theaters, musea and cinemas. Since...

Proximity to water is appreciated by households. Hedonic analyses that try to measure the value of this amenity are potentially biased by omitted variables as locations close to the water may be selected by households with higher incomes who construct more luxury houses. Since it is difficult to...