Which occupations have the longest commutes?
05 Apr 2016 Leave a comment
in human capital, labour economics, occupational choice, transport economics, urban economics Tags: commuting times, compensating differentials
Bugger the top 1% – it is the retired who are going from strength to strength
24 Mar 2016 Leave a comment
Remembering @JeremyCorbyn’s good old days
20 Mar 2016 Leave a comment
in economic history, politics - USA, urban economics Tags: British economy, British politics, pessimism bias, The Great Enrichment
Las Vegas population since 1900
18 Mar 2016 Leave a comment
in economic history, economics of regulation, population economics, urban economics Tags: land supply, land use planning, Las Vegas, zoning
The Las Vegas population doubled in the 60s doubled again between 1970 and 1990 and almost doubled again by 2000.
Source: Insiderviewpoint.com Las Vegas Population.
Between 1990 and 2000 despite the doubling of population, housing prices only increased by 25%.
Source: Insiderviewpoint.com S&P/Case-Shiller Las Vegas Home Price Index – S&P Dow Jones Indices.
Land supply must be pretty easy in Las Vegas at least up until 2000.
Source: Economics of Contempt: Land Use Regulations and the Housing Bubble.
The value of New Zealand owner occupied homes, net capital stock and human capital stock since 1987
17 Mar 2016 Leave a comment
in applied welfare economics, economic history, economics of education, entrepreneurship, human capital, labour economics, politics - New Zealand, poverty and inequality, urban economics Tags: household wealth, housing prices, pessimism bias, top 1%
Tring Le found that the human capital stock was consistently 2.6 times the value of the physical capital stock of New Zealand.
I decided to apply that ratio to the net capital stock of New Zealand estimates of Statistics New Zealand back to 1987 to see what we get. It is pretty standard for the value of human capital to be two to two and one-half times the value of physical capital.
Source: National Accounts (Industry Benchmarks): Year ended March 2013 and Lˆe Thi. Vˆan Tr`ınh, Estimating the monetary value of the stock of human capital for New Zealand, University of Canterbury PhD thesis (September 2006), Table 4.8: Human and physical capital stocks.
All the above chart says it is most wealth in New Zealand is held by ordinary people either as their human capital or the value of their homes.
Time-starved skilled workers may be driving gentrification
23 Feb 2016 Leave a comment
in economic history, transport economics, urban economics
@PhilTwyford 22 years in UK to raise deposit – up from 3 years in the 90s for low income households!
17 Feb 2016 Leave a comment
in economic history, economics of regulation, urban economics
The evolution of New York’s skyline since 1876.
15 Feb 2016 Leave a comment
in economic history, urban economics
The rapid rise of a UK Generation Rent @PhilTwyford @PeterDunneMP
14 Feb 2016 Leave a comment
in economic history, economics of regulation, urban economics
Matthew E. Kahn’s Keynote Address for 3rd Urbanization and Poverty Reduction World Bank Conference
11 Feb 2016 Leave a comment
in climate change, environmental economics, global warming, transport economics, urban economics Tags: climate change adaptation, Matthew Kahn
Matthew Kahn on urban climate change adaptation @RusselNorman @JulieAnneGetner
10 Feb 2016 Leave a comment
in applied price theory, applied welfare economics, environmental economics, global warming, transport economics, urban economics Tags: climate adaptation
If you do not follow this guy’s blog, there is a serious gap in your education in urban and environmental economics especially with regard to climate change.
Next to nobody rents in Romania! The European League of Home Ownership
10 Feb 2016 Leave a comment
in urban economics Tags: EU, Generation Rent, homeownership, housing prices, Romania
@NZGreens a bright future for this student in housing policy
10 Feb 2016 Leave a comment
in applied price theory, urban economics
If you love nature, stay away from it – Ed Glaeser
09 Feb 2016 Leave a comment
in energy economics, environmental economics, global warming, politics - New Zealand, transport economics, urban economics
It is hard to imagine any merchant who harmed the environment as much as Henry David Thoreau…
We are a destructive species, and if you love nature, stay away from it. The best means of protecting the environment is to live in the heart of a city.
Ed Glaeser
Source: If you love nature, move to the city – The Boston Globe.
Gender commuting gap for workers who travel to and from home to work
04 Feb 2016 Leave a comment
in discrimination, gender, labour economics, labour supply, occupational choice, transport economics, urban economics Tags: commuting times, reverse gender gap
I lived in Japan so that 60% extra time the Japanese men spend travelling to and from work in those cramped trains is not to be underrated.
Source: OECD Family Database – OECD.
Utopia, you are standing in it! 
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