Airline capacity utilization, or load factors, increased dramatically between 1993 and 2007, after staying fairly level … Internet to investigate and purchase airline tickets, explains this increase. We find that differences in the rate of change of … metropolitan area Internet penetration explain differences in the rate of change of airline-airport-pair load factors. Consistent …

approach, we clarify the connections between demand, labour market, and capital accumulation in a model that generates a …

We present an equilibrium model of the prices of crude oil and refined products that accounts for supply and demand … shocks, the elasticity of the supply and demand markets, and the characteristics of the production and adjustment costs of …