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In cities worldwide, the widespread use of single occupancy cars often leads to traffic congestion and its associated ill effects. Using high frequency data from Google Maps, we test whether high-occupancy vehicle (HOV) policies can be an effective tool to combat congestion. Using the unexpected...
Persistent link: https://www.econbiz.de/10012455386
, urban travel is roughly 50% faster than in poor countries. To investigate the link between economic development and mobility …
Persistent link: https://www.econbiz.de/10014337874
Developing country megacities suffer from severe road traffic congestion, yet the level of congestion is not a direct measure of equilibrium inefficiency. I study the peak-hour traffic congestion equilibrium in Bangalore. To measure travel preferences, I use a model of departure time choice to...
Persistent link: https://www.econbiz.de/10013537795
We estimate an equilibrium model of residential sorting with endogenous traffic congestion to evaluate the efficiency and equity impacts of urban transportation policies. Leveraging fine-scale data on household travel diaries and housing transactions with home and work locations in Beijing, we...
Persistent link: https://www.econbiz.de/10012599302
We develop a methodology to estimate robust city level vehicular mobility indices, and apply it to 154 Indian cities … using 22 million counterfactual trips measured by a web mapping service. There is wide variation in mobility across cities …. An exact decomposition shows this variation is driven more by differences in uncongested mobility than congestion. Under …
Persistent link: https://www.econbiz.de/10012480869
Stock prices and workplace mobility trace out striking clockwise paths in daily data from mid-February to late May 2020 …. Global stock prices fell 30 percent from 17 February to 12 March, before mobility declined. Over the next 11 days, stocks … fell another 10 percentage points as mobility dropped 40 percent. From 23 March to 9 April, stocks recovered half their …
Persistent link: https://www.econbiz.de/10012482538
using individual responses from the World Value Survey regarding the role of the family and the love and respect that … geographical mobility, lower. Families are larger (higher fertility and higher family size) with strong family ties, which is …
Persistent link: https://www.econbiz.de/10012465603
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that, in the course of the...
Persistent link: https://www.econbiz.de/10012461441
We investigate the characteristics of infrastructure as an asset class from an investment perspective of a limited partner. While non U.S. institutional investors gain exposure to infrastructure assets through a mix of direct investments and private fund vehicles, U.S. investors predominantly...
Persistent link: https://www.econbiz.de/10012480698
A number of formerly regulated multiproduct industries have a transitional or permanent residual regulatory mandate to protect consumers from "excessive" prices. The legislation that deregulated most rail rates contains a statutory mandate for the regulator to protect shippers from "excessive"...
Persistent link: https://www.econbiz.de/10012480919