Prices on commodity markets are often correlated because they react to similar cycles in the economy. This is especially true for commodities which are inputs into the same products. And even more so for commodities which are considered here as partial substitutes. Prices of such commodities are...

This paper analyzes the impact of supply shocks, demand shocks and policy shocks on labour market dynamics, using a consistent macroeconomic flow model of the Dutch labour market. The long run properties of the model mimic those of the theoretical equilibrium search models, with endogenous...

The evaluation of real estate assets is currently one of the main focal points addressed by territorial marketing strategies with a view to developing high-performing – or competitive – cities. Given the complexity of driving forces that determine the behaviour of actors in a real estate...

This paper investigates the strategic position of four European airports in the aviation network by means of a generalised cost function. We compare the performance of the hub airports London, Paris, Frankfurt, and Amsterdam. Our analysis entails flights from smaller European airports via these...