For many years, Donald Shoup has been advocating cashing out free and underpriced curbside parking. How should this be implemented in practice, taking into account the stochasticity of curbside parking vacancies? Shoup has proposed setting neighborhood/period of the day-specific meter rates such...

Pricing greenhouse gases is widely understood as the most efficient approach for mitigating climate change, yet distributional effects hamper political acceptance. These distributional effects are especially important in transport, the fastest growing sector for greenhouse gas emissions. Using...

For a very long time, the areas available for continuous long-distance trade were limited to territories the size of Braudel's Mediterranée (1949). Whatever the commercial organizations (merchants in the Roman or the Fatimid Empires, the Hanseatic League, the Florentine Companies), their trade...

What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international trade flows. We construct a new balanced sample of...

This paper examines Latvia's foreign trade and investment relations with Germany and Russia during the interwar period and the period after the restoration of independence up to now. During the period between the two world wars Latvia's foreign trade was completely integrated into the European...

Was the adoption of the spinning jenny profitable only in England? No. The present work finds that the jenny was profitable also in France. Such result contrasts recent findings on the topic by revising basic computations on the profitability of the spinning jenny. -- Industrial Revolution ;...

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...

Which features did belong peculiarly to England so as to make it the only possible cradle of the Industrial Revolution? The present work shows that, by combining the effect of relative prices with the joint effect of scale economies and demand, it is possible to provide a purely economic...

This paper examines the lessons of the interwar period to place current concerns regarding a return to protectionism in historical context, highlighting the unique and one-time changes in voting rights that took place during the period and their relationship with trade policy. A particularly...

This paper shows that reduced heterogeneity of exporter-specific goods can provide a direct explanation of the distance puzzle. Using COMTRADE 4-digit bilateral trade data we find that the elasticity of trade to distance has increased by 8% from 1962 to 2009. Theoretical foundations of the...