The hypothesis that employers have an interest in the hours worked by their employees suggests that hours and wages are systematically related. Since employer interest may constrain employee hours of work, individuals realize their preferences for hours through their choices of jobs. An...

This chapter describes how transportation demand is analyzed and what has been learned from doing so. We first present a selection of the most important transportation demand models, with an emphasis on disaggregate models because they have generally been the most successful in capturing...

The first principle of Economics is that every agent is actuated only by self-interest. The workings of this principle may be viewed under two aspects, according as the agent acts without, or with, the consent of others affected by his actions. In wide senses, the first species of action may be...

This paper examines the effects of financial liberalization on asset prices, in the context of an OLG model in which consumers desire to borrow to purchase houses.

We examine how political, institutional, and economic variables affect the likelihood increases in state gasoline taxes.