[fre] Un changement de la valeur de la terre associé à un projet d'investissement peut donner, selon la littérature existante à ce sujet, une estimation faussée du vrai bénéfice social qui est une source potentielle de l'échec du marché (market failure). Cet article est consacré à...

This article discusses the distortive effect of the federal income tax on the efficiency of resource allocation within and between cities. This distortion shifts production to the smaller and less productive cities from the larger and more productive cities. To eliminate these distortive...

Using a fully closed monocentric urban setup with unpriced transport congestion, this paper discusses a second best allocation implemented by spatially-variable excise subsidies, or taxes, on housing and the possibility of replacing it by floor area ratio (FAR) regulations. It turns out that the...