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Atomistic Congestion Tolls at Concentrated Airports : Seeking a Unified View in the Internalization Debate
Brueckner, Jan K. - 2007
The goal of this paper is to bring some unity to the theoretical side of the debate on internalization of airport congestion by showing that all the literature's theoretical results can be derived within one simple and unified framework. The analysis starts by replicating the results of...
Persistent link: https://www.econbiz.de/10012776625
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Slot-Based Approaches to Airport Congestion Management
Brueckner, Jan K. - 2008
This paper analyzes slot-based approaches to management of airport congestion, using a model where airlines are asymmetric and internalize airport congestion. Under these circumstances, optimal congestion tolls differ across carriers, and since a slot-sale regime (with its uniform slot price)...
Persistent link: https://www.econbiz.de/10012771860
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Convenient Flight Connections vs. Airport Congestion - Modeling the 'Rolling Hub'
Brueckner, Jan K. - 2015
This paper provides the first analysis of the trade-off between convenient flight connections and airport congestion. A continuous spatial model illustrates this trade-off in a framework where a small gap between flight operating times raises congestion while also shortening a connecting...
Persistent link: https://www.econbiz.de/10013014357
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Central Banking and Crisis Management from the Perspective of Austrian Business Cycle Theory
Schnabl, Gunther - 2016
The paper analyses the evolvement and effects of central bank crisis management since the mid 1980s based on a Hayek-Mises-Wicksell over-investment framework. It is shown that, given that the traditional transmission mechanism between monetary policy and consumer price inflation has collapsed,...
Persistent link: https://www.econbiz.de/10012977401
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Courts in a Transition Economy : Case Disposition and the Quantity-Quality Tradeoff in Bulgaria
Dimitrova-Grajzl, Valentina P. - 2015
. We draw on a new court-level panel dataset from Bulgaria to study the determinants of court case disposition and to …
Persistent link: https://www.econbiz.de/10013024366
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External Monetary Shocks and Monetary Integration : Evidence from the Bulgarian Currency Board
Minea, Alexandru; Rault, Christophe - 2021
Starting July the 1st 1997, Bulgaria adopted a Currency Board (CB) monetary system. This paper aims at investigating if … better (with respect to other CEEC) monetary integration of Bulgaria with the European Monetary Union (EMU). Since Bulgarian … terms of integration of Bulgaria into the EMU …
Persistent link: https://www.econbiz.de/10013316024
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What Marx Means Today
Sinn, Hans-Werner - 2017
Marx made significant contributions to macroeconomics, laying the grounds for both Keynes's theory of aggregate demand … and Schumpeter's theory of creative destruction. His law of the tendency of the rate of profit to fall parallels Alvin … Hansen's theory of secular stagnation which has recently received much attention among scholars studying the financial crises …
Persistent link: https://www.econbiz.de/10012954595
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Household Models : An Historical Perspective
Apps, Patricia F.; Rees, Ray - 2021
the earlier contributions, and using them to place the current state of the theory in perspective. One of its aims is to …
Persistent link: https://www.econbiz.de/10013316648
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Reactivity in Economic Science
Frey, Bruno S. - 2017
There is a fundamental difference between the natural and the social sciences due to reactivity. This difference remains even in the age of Artificially Intelligent Learning Machines and Big Data. Many academic economists take it as a matter of course that economics should become a natural...
Persistent link: https://www.econbiz.de/10012949113
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Not the Opium of the People : Income and Secularization in a Panel of Prussian Counties
Becker, Sascha O. - 2013
The interplay between religion and the economy has occupied social scientists for long. We construct a unique panel of income and Protestant church attendance for six waves of up to 175 Prussian counties spanning 1886-1911. The data reveal a marked decline in church attendance coinciding with...
Persistent link: https://www.econbiz.de/10013086410