We extend the happiness literature on the welfare costs of inflation and unemployment by looking at age and job market characteristics. Our findings show that the relative welfare cost of unemployment versus inflation is higher than one, and much higher in intermediate age cohorts and in low job...

The aim of this paper is to estimate the economic benefit for the New York Metroplex area of the controller-to-pilot communication standard known as Data-Communication. RAMS simulation software was first used to evaluate the potential impact of the new technology on airport operations in the...