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This paper examines the impact of Uber, the world's largest ride-hailing firm, on congestion. Drawing on data from large urban areas in Europe and the United States for the period 2008 through 2016, it finds a negative impact of Uber on congestion in Europe and a positive impact in the United...
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We adopt an unobserved components time series model to extract financial cycles for the United States and the five largest euro area countries over the period 1970 to 2014. We find that credit, the credit-to-GDP ratio and house prices have medium-term cycles which share a few common statistical...
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Official poverty methodologies differ from other poverty measurement methods in the sense that the official ones are … USA use an objective method to estimate official poverty (Orshansky indicator). Although related, each approach portrays … different dimensions of poverty. In this study we compare the official poverty methodologies of the USA and EU by applying them …
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We compute new estimates for Total Factor Productivity (TFP) growth in the United States and in five European countries. Departing from standard methods, we account for positive profits and use firm surveys to proxy for unobserved changes in factor utilization. These novelties have a major...
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