This paper extends a standard model of welfare optimal peak-period congestion tolls to take into account two characteristics of typical European labor markets, viz. wage bargaining and the increasing potential of telecommuting as an alternative to working on-the-job. Specifically, we consider...

In Europe, the preferential tax treatment of company cars implies that many employees receive a company car as part of their compensation package. In this paper, we consider a model in which wages and the decision whether or not to provide a company car are the result of direct negotiation...

In this paper, the welfare effects of a budget-neutral increase in taxes on car commuters are studied in a model that takes into account the presence of employer-paid parking at the workplace. It is found that the presence of employer-paid parking substantially increases the welfare effect of...