Infrastructure projects are increasingly aiming to improve liveability, in particular in urban areas. We analyse a specific case in which an existing highway in an urban area was moved underground in order to improve intercity traffic flows and to reduce traffic externalities. As travel times...

Cost of entry is the most significant bugbear for potential operators wishing to enter the public transportation sector, which is a societal need given the duty of any society to provide for the transportation needs of its citizens as they move around, earning an income to provide for their...

Due to the suspension of in-person classes in response to the COVID-19 pandemic, students at universities with earlier spring breaks traveled and returned to campus while those with later spring breaks largely did not. We use variation in academic calendars to study how travel affected the...

Vietnam, Deutschland – zwei Länder, wie sie in kultureller, sozialer, wirtschaftlicher und politischer Hinsicht kaum unterschiedlicher sein können. Die verschiedenen Beiträge des Bandes behandeln jedoch ein gemeinsames Thema: die Zukunft der Städte in beiden Ländern, fokussiert auf den...

We model the trade-off between centralized and decentralized decision making over the provision of local public goods. Centralized decisions are made in a legislature of locally elected representatives, and this creates a conflict of interest between citizens in different jurisdictions. The...

Fiscal packages usually capitalize into house prices. But if enough land for construction is available, housing developers can supply new houses and capitalization may disappear. We provide a theoretical model in which income taxes and public services capitalize at lower rates when housing...

We extend the literature on local income tax competition by allowing for inter-jurisdictional spillovers and imperfect rivalry in consumption of a publicly provided good. Comparing decentralized second-best results of a theoretical model with an efficient benchmark, we identify three...

Economic theory predicts that unconditional intergovernmental grant income and private income are perfectly fungible. Despite this prediction, the literature on fiscal federalism documents that grant and private income are empirically non-equivalent. A large scale school finance reform in New...