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labor productivity and the housing market. Abolishing traffic congestion during rush hours leads to a more urbanized economy …
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The purpose of the presentation is to analyze the labor market effects of a congestion charge when commuters have … continuously distributed value of time. Since a congestion charge raises the cost of commuting to work, it can decrease employment … loss from the decreased employment can even exceed the Pigouvian welfare gain from internalizing the congestion externality …
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This paper considers second-best congestion pricing in the monocentric city, with endogenous residential density and …-way interactions between urban density, traffic congestion and labour supply. Congestion pricing schemes are analyzed that are second …
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