Showing 1 - 10 of 487
subsidize low carbon fuels. We simulate a transportation-sector cap & trade program (CAT) and three policies currently in use …
Persistent link: https://www.econbiz.de/10012461272
productivity (MFP) growth in the transportation industry over the postwar period, 1948-87. Official data on output and employment … data reduce the magnitude of the post-1973 productivity slowdown in transportation MFP growth from a previously reported 2 … control, and highways, do not change appreciably the pattern of postwar MFP growth in transportation …
Persistent link: https://www.econbiz.de/10012475182
In this paper we explore efficiency and optimal policy in decentralized transportation markets that suffer from search …
Persistent link: https://www.econbiz.de/10012481494
This paper uses age-at-school-entry policies to identify the effect of female education on fertility and infant health. We focus on sharp contrasts in schooling, fertility, and infant health between women born just before and after the school entry date. School entry policies affect female...
Persistent link: https://www.econbiz.de/10012466336
transportation project funding. The empirical results provide evidence that legislators respond to common pool incentives: the …
Persistent link: https://www.econbiz.de/10012468950
Will politics lead to over-building or under-building of transportation projects? In this paper, we develop a model of … perceive. Consequently, national funding of transportation leads to overspending, since voters more readily perceive the upside … educated and organized urban voters. Our framework also predicts more per capita transportation spending in low-density and …
Persistent link: https://www.econbiz.de/10012454996
Many transportation policies indirectly affect vehicle travel and resulting externalities by inducing changes in …
Persistent link: https://www.econbiz.de/10013435108
"We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...
Persistent link: https://www.econbiz.de/10011395038
This paper is a brief evaluation of the Eurosystem's monetary-policy regime after its first year, in particular of the extent to which it is similar to inflation targeting as practiced by an increasing number of central banks. I examine the Eurosystem's goals, framework for monetary-policy...
Persistent link: https://www.econbiz.de/10012470926
This paper applies a full-information technique to test for the presence of contagion across the money markets of ERM member countries. We show that whenever it is possible to estimate a model for interdependence, a test for contagion based on a full information technique is more powerful. We...
Persistent link: https://www.econbiz.de/10012470953