Keeping investors at bay: the impact of uniform and preferential transaction tax reductions With Joren Vandenbergh (Submitted)
Expected vs. unexpected treatment effects: a comment on Borusyak and Hull (2023) With Jakob Vanschoonbeek (New!)
Identification with sharp difference-in-discontinuities and discontinuity-in-differences (Submitted)
Split incentives, asymmetric information and energy efficiency subsidies With Sven Damen & Stef Schildermans (Being revised)
Housing market responses to the mortgage interest deduction. with Sven Damen
Regional Science and Urban Economics, 2026, 116, Article 104165.
Reconstructing cities: stimulating redevelopment through the tax code.
Regional Science and Urban Economics, 2023, 99, Article 103880.
Do market rents reflect user costs? with Erik Buyst
Journal of Housing Economics, 2019, 44, 112-130.
Building codes: theory and evidence from energy efficiency requirements (With Stef Schildermans)
Taxing vacant land (With Thomas Boogaerts & Stef Schildermans)
See how the land lies (With Sven Damen & Jacqueline Seufert)
Do taxpayers look beyond the statutory incidence? (With Thomas Boogaerts)
Reducing tax avoidance through information provision (With Thomas Boogaerts)
Local (synthetic) difference-in-differences (With Jacqueline Seufert)
Hold out in land assembly for residential development
With Thomas Boogaerts
Using the universe of construction permits, sales and land use in Flanders (Belgium), we present new evidence on frictions in the land market. First, developed parcels for assembly projects are bought at a premium of 17%. This premium is not the result of differences in land use restrictions, local prices, reservation prices nor the quality of the existing structure. Second, parcels in assembly projects are less likely to be (re)developed than similar parcels in single-plot projects. The results from three tests suggest that holdout by landowners might be one of the frictions: i) the last acquired plot is sold at an additional premium of 9%, ii) smaller parcels receive a higher premium and are less likely to be (re)developed and iii) assembly projects with more parcels face a higher average premium. Lastly, we document an important difference between developed and undeveloped parcels. While undeveloped parcels in assembly projects are also less likely to be (re)developed, they are bought without a premium.