Based on the householdsu0092 utility maximisation, a closed form approximation of the consumption function is derived and the deep parameters of the consumption function are estimated using aggregate euro area data. The novel element in our approach is the parameterisation of the information...

In this brochure, discover how research is contributing to policies to improve urban transport, and find pointers to topics for further investigation on the web. Transport makes a vital contribution to the economy and society. But these benefits are being lost through traffic growth,...