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Almost fare free : impact of a cheap public transport ticket on mobility patterns and infrastructure quality
Liebensteiner, Mario; Losert, Jakob; Necker, Sarah; … - 2024
In 2022, Germany introduced a temporary 9-euro monthly ticket for unlimited local and regional public transport. We investigate its impact on mobility patterns, including increased public transport usage, reduced car traffic, and rail network congestion. Using difference-in-difference and...
Persistent link: https://www.econbiz.de/10014632328
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Public transport and urban pollution
Borck, Rainald - 2017
The paper studies the effect of public transport policies on urban pollution. It uses a quantitative equilibrium model with residential choice and mode choice. Pollution comes from commuting and residential energy use. The model parameters are calibrated to replicate key variables for American...
Persistent link: https://www.econbiz.de/10011717025
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Fuel economy standards and public transport
Berger, Julius; Marz, Waldemar - 2024
We identify and examine a novel welfare channel of fuel economy standards through the in-teraction with public transit and households’ location choices. A stricter emission standard for cars decreases the marginal cost of driving and triggers a shift in modal choice from public to private...
Persistent link: https://www.econbiz.de/10014516218
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Nominal and real wages in the UK, 1750 - 2015 : mean reversion, persistence and structural breaks
Caporale, Guglielmo Maria; Gil-Alaña, Luis A. - 2022
This paper analyses the stochastic properties of UK nominal and real wages over the period 1750-2015 using fractional integration techniques. Both the original series and logged ones are analysed. The results generally suggest that nominal wages exhibit a higher degree of persistence, which...
Persistent link: https://www.econbiz.de/10013417630
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The congestion relief benefit of public transit : evidence from Rome
Russo, Antonio; Adler, Martin W; Liberini, Federica; … - 2019 - This version: May 2019
We estimate the effect of public transport supply on travel times of motor-vehicle and bus users in Rome, Italy. We ….6 percent in the morning peak. The effect on bus travel time is similar. The congestion-relief benefit of public transport is … thus sizeable and bus travel time gains account for an important share of it. We also examine the welfare effects of …
Persistent link: https://www.econbiz.de/10012029088
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Striking evidence : the impact of railway strikes on competition from intercity bus services in Germany
Beestermöller, Matthias Gerhard; Jessen-Thiesen, Levke; … - 2023
liberalised market. Using unique booking data of bus services, we exploit variation in rail service cancellations across routes to … show that the disruption in rail transport increases bus ticket sales. Crucially, the effect persists beyond the strike …
Persistent link: https://www.econbiz.de/10014292134
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The turnaround of the Swedish economy : lessons from large business sector reforms
Heyman, Fredrik; Norbäck, Pehr-Johan; Persson, Lars - 2019
How can a country improve the productivity growth in its business sector and reach its growth potential? Sweden during the 1970–2010 period can serve as an example to help other countries understand how to efficiently reform a business sector. In the 1990s, Sweden implemented a reform package...
Persistent link: https://www.econbiz.de/10012002862
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The Ifo Investment Database
Strobel, Thomas; Sauer, Stefan; Wohlrabe, Klaus - 2013
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in 50 German industries from 1991 onward. The data is consistent with national accounts statistics provided by the German Federal Statistical Office and is based on investments in...
Persistent link: https://www.econbiz.de/10009721990
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Matching theory and evidence on Covid-19 using a stochastic network SIR model
Pesaran, M. Hashem; Yang, Cynthia Fan - 2020
This paper develops an individual-based stochastic network SIR model for the empirical analysis of the Covid-19 pandemic. It derives moment conditions for the number of infected and active cases for single as well as multigroup epidemic models. These moment conditions are used to investigate...
Persistent link: https://www.econbiz.de/10012313564
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Threshold effects and regional economic growth e Evidence from West Germany
Funke, Michael; Niebuhr, Annekatrin - 2002
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10011409398