In Germany, older unemployed people aged 58 or more years have been exempt from a fundamental principle of activating labour market policy until 2007: They have been entitled to unemployment benefit payments until taking up retirement pension without having to seek new employment (Section 428 of...

In Germany, older unemployed people aged 58 or more years have been exempt from a fundamental principle of activating labour market policy until 2007: They have been entitled to unemployment benefit payments until taking up retirement pension without having to seek new employment (Section 428 of...

This paper demonstrates how the transformation of the taxi industry is an example of Coase’s Theorem in practice. The Coase Theorem, as postulated by Nobel Laureate Ronald Coase (1991), is one of the simplest yet profound ideas in economics. The recent advent of new mobile app entrants in the...

The paper contains an analysis of key issues facing State and Territory governments reviewing the regulation of taxis and hire-cars, under the National Competition Policy. It builds on the work contained in the 1994 Industry Commission report on Urban Transport, particularly its assessment of...

This study's estimates of the reduction in accidents from a ban on cell phone use while driving are both lower and less certain than previous studies indicate.

In recent years there has been a growth in the interest of consumers to buy more locally. An increasing number of farmers are trying to meet the growing demand for locally produced products. Here in New York State, farmers who are direct marketing their product, either direct to consumer or...

We investigate whether trade has any effect on the price formation process in a specific electricity market, and identify interconnected markets that have higher impacts on prices in that market. In particular, we study Ontario wholesale electricity market and its trade with 12 interconnected...

A number of economic development studies have examined established wine industries around the world using Porter's cluster model. This article uses Porter's cluster model to study the strengths and weaknesses of the Hudson River Valley wine region as it transitions from an agricultural cluster...

This paper compares and contrasts the determinants of the market for skyscrapers in Chicago and New York from 1885 to 2007, using annual time series data. I estimate the factors that determine both the number of skyscraper completions and the height of the tallest building completed each year in...