We measure industry evolution following permanent changes in the level and location of demand for gasoline in hundreds of counties during the time surrounding the completion of Interstate Highway segments. We find that the timing and margin of adjustment depends on whether the new highway is...

Interstate highway openings were permanent, anticipated demand shocks that increased gasoline demand and sometimes shifted it spatially. We investigate supply responses to these demand shocks, using county-level observations of service station counts and employment and data on highway...

Interstate Highway openings were permanent, anticipated demand shocks that increased gasoline demand and sometimes shifted it spatially. We investigate supply responses to these demand shocks, using county-level observations of service station counts and employment and data on highway openings'...

Interstate Highway openings were permanent, anticipated demand shocks that increased gasoline demand and sometimes shifted it spatially. We investigate supply responses to these demand shocks, using county-level observations of service station counts and employment and data on highway openings'...

This volume was prepared by Marc Piopiunik while he has been working at the Ifo Institute. It was completed in June 2011 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes four self-contained empirical studies. All studies aim at...

Die Dynamik des Wohnimmobilienmarktes wird insbesondere durch die Veränderung der Einkommen junger Haushalte bestimmt. Zu diesem Ergebnis kommt eine neue Studie des ifo Instituts über "Fluktuationen des Wohnimmobilienmarktes", in der ein für die USA und Großbritannien entwickelter...