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only reduce their commuting costs by reducing total labour supply. However, a labour supply model which also allows for … optimally chosen daily hours implies that commuting costs increase daily hours, whereas the effect on total labour supply is …
Persistent link: https://www.econbiz.de/10013146827
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...
Persistent link: https://www.econbiz.de/10013129098
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French …
Persistent link: https://www.econbiz.de/10013096770
This paper analyzes the effectiveness of hiring credits. Using comprehensive administrative data, we show that the French hiring credit, implemented during the Great Recession, had significant positive employment effects and no effects on wages. Relying on the quasi-experimental variation in...
Persistent link: https://www.econbiz.de/10012930950
The unemployment rate in France is roughly 6 percentage points higher for African immigrants than for natives. In the … rate gap in both France and the US, amounting to 17% to 25% of the relative gap in France and about 10% in the US. Among … these factors, differences in commuting distance plays the most important role. In France, though, longer commuting …
Persistent link: https://www.econbiz.de/10013080135
We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … function of individual wealth while the introduction of start-up costs tends to flatten this relationship. The theoretical … business start-up costs. We use three highly comparable micro datasets (SHARE, ELSA and HRS) providing harmonized data on …
Persistent link: https://www.econbiz.de/10013316960
costs can be used as a Pigouvian tax. Higher costs reduce congestion by discouraging applicants from applying to certain …, we implement variants of the Gale-Shapley Deferred-Acceptance mechanism with different application costs. Our …
Persistent link: https://www.econbiz.de/10012896762
Production of commodities based on open-access renewable natural resources (NR) has usually been examined under "low" congestion (LC) – where MC AC and both increase with output. I identify two additional congestion categories, "high" (HC) and "super" (SC) congestion – where AC is...
Persistent link: https://www.econbiz.de/10012823865
In this paper, we describe a novel iterative procedure called SISTA to learn the underlying cost in optimal transport problems. SISTA is a hybrid between two classical methods, coordinate descent ("S"-inkhorn) and proximal gradient descent ("ISTA"). It alternates between a phase of exact...
Persistent link: https://www.econbiz.de/10013225545
city and a restricting-migration policy that imposes some costs on migrants. We show that all these policies can increase … urban employment but the transportation policy has much more drastic effects. This is because a decrease in commuting costs …
Persistent link: https://www.econbiz.de/10013069026