The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal … congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to …

specific case in which an existing highway in an urban area was moved underground in order to improve intercity traffic flows … and to reduce traffic externalities. As travel times within the city hardly changed, this allows for a clean … identification of the value of traffic externalities. We find that the liveability benefits of such integrated infrastructure are …

median preference individual is the decisive voter in a tax regime, while an individual with preferences above the median …

excludable public inputs into a simple endogenous growth model. We derive the equilibrium growth rate and design the optimal tax … the consequences this has in turn for the government’s budget. The latter consists of fee and tax revenues that are used …

services into a tax system with income and consumption taxes. The setup is a neoclassical growth model where agents differ in …