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In this paper we investigate the effects of new railway stations on house prices using an extensive repeated sales dataset over a period of 13 years. We employ semiparametric panel data techniques allowing for anticipation effects of station openings. We show that a kilometre reduction in...
Persistent link: https://www.econbiz.de/10010326066
In this paper we investigate the effects of new railway stations on house prices using an extensive repeated sales dataset over a period of 13 years. We employ semiparametric panel data techniques allowing for anticipation effects of station openings. We show that a kilometre reduction in...
Persistent link: https://www.econbiz.de/10011381910
This paper empirically explores the relationship between (i) job finding and commuting outcomes and (ii) the relationship between job search and the commute and location outcomes of relocation decisions after finding employment. The relationship between commute outcomes when finding a new job...
Persistent link: https://www.econbiz.de/10014187363
Using police accident reports for Tippecanoe County, Indiana, and exploiting the introduction of the augmented reality game Pokémon GO as a natural experiment, we document a disproportionate increase in crashes and associated vehicular damage, injuries, and fatalities in the vicinity of...
Persistent link: https://www.econbiz.de/10014118203
This paper explores drivers’ subjective value of time under moving and stopped freeway travel conditions with a stated preference survey. Unlike previous studies that assumed a constant value of time, this research relates perceived satisfaction of a freeway trip to its quality indicators....
Persistent link: https://www.econbiz.de/10014044265
How have house prices evolved in the long-run? This paper presents annual house price indices for 14 advanced economies since 1870. Based on extensive data collection, we are able to show for the first time that house prices in most industrial economies stayed constant in real terms from the...
Persistent link: https://www.econbiz.de/10010413728
This paper evaluates the impact of accessibility on the productivity of Spanish manufacturing firms. We suggest the use of accessibility indicators to workers and commodities, integrating transport, land use, and individual components in their measurement, and computing real distances or...
Persistent link: https://www.econbiz.de/10011531141
This paper presents a model of vehicle choice and empirically examines the risk posed by light trucks (sport-utility vehicles, vans, and pickups) to those that drive them and to other drivers, relative to the risk posed by cars. It compares the relative risk of dying and the relative crash...
Persistent link: https://www.econbiz.de/10011511058
We analyze the causal effect of commuting on wages, using a large sample of German job changers. Information on their home and workplace addresses in combination with road navigation software allows us to calculate exact door-to-door commuting distances with an unprecedented degree of precision....
Persistent link: https://www.econbiz.de/10011576106
We investigate the causal effect of commuting on sickness absence from work using German panel data. To address reverse causation, we use changes in commuting distance for employees who stay with the same employer and who have the same residence during the period of observation. In contrast to...
Persistent link: https://www.econbiz.de/10011756987