Individuals have an increased incentive to invest when they know that they can sell their investments whenever they need funds. However, such an increase in investments reduces the returns by exacerbating the negative externalities individuals impose on each other whenever they invest. As a...

One major source of domestic revenue mobilization is the collection of road tolls; however, the ministry of Road and highways directed the discontinuation of road tolls following the announcement by the ministry of finance to scrap tolls on all public roads. According to the finance ministry,...

This paper explores the effect of gasoline prices on traffic congestion and carbon emissions. The international crude oil price is used as an instrumental variable for the gasoline price in Chinese cities. Empirical results show that a ten percent increase in gasoline prices significantly...

This study investigates the impact of economic incentives on travel-related physical activity, leveraging the London Congestion Charge's disincentivising of sedentary travel modes via increasing the cost of private car use within Central London. The scheme imposes charges on most types of cars...

Urban infrastructure is essential to building sustainable cities. In recent years, municipal governments have invested heavily in the expansion of bike lane networks to meet growing demand, promote ridership, and reduce emissions. However, re-allocating vehicle capacity in a road network to...

Highway construction occurs nowadays mainly through widening of ex- isting roads rather than building new roads. This paper documents that highway widenings considerably reduce congestion in the short run, defined here as 6 years. Using longitudinal microdata from highway detector loops in the...

The COVID-19 pandemic and lockdowns have led to a rise in gender-based violence. In this paper, we explore the economic consequences of violence against women in sub-Saharan Africa using large demographic and health survey data collected pre-pandemic. Relying on a two-stage least square method...

I study the heterogeneous consequences across areas in which different racial groups are concentrated of a congestion tax on ride-sharing. I find that, on average, the tax pass-through rate was the highest (160.30%) for trips starting in Black areas, while it was the lowest (94.98%) for trips...