Three distinct strands can be identified in the literature on seasonality. Economists have long been interested in removing high-frequency "noise" from individual economic time series, or "deseasonalizing the data" in common parlance. The second strand, on which an extensive technical literature...

This research discusses small decision making problems and petty corruption as their practical applications with a structured economic experiment. One of examples of petty corruption considered includes demands for petty bribes by traffic officials followed by police. We examine that it is...

Three distinct strands can be identified in the literature on seasonality. Economists have long been interested in removing high-frequency "noise" from individual economic time series, or "deseasonalizing the data" in common parlance. The second strand, on which an extensive technical literature...

This paper analyzes the stability over time of the econometric process for euro-area inflation since 1970, focusing in particular on the behavior of the so-called persistence parameter (the sum of the coefficients on the lagged dependent variables). Perhaps surprisingly, in light of the Lucas...

In recent years, a broad academic consensus has arisen around the use of rational expectations sticky-price models to capture inflation dynamics. These models are seen as providing an empirically reasonable characterization of observed inflation behavior once suitable measures of the output gap...

Commodity prices again! The twentieth century has only been the latest spectator to the impacts and importance of commodity price fluctuations. It is reasonably well known that commodity price records have come down to us from the ancient civilizations of India, Mesopotamia, Egypt, Greece and...

Commodity prices again! The twentieth century has only been the latest spectator to the impacts and importance of commodity price fluctuations. It is reasonably well known that commodity price records have come down to us from the ancient civilizations of India, Mesopotamia, Egypt, Greece and...

In this paper, the authors study the capacity of key Automated Highway Systems (AHS) operating scenarios. The effect of the lane-flow rule, platooning or free-agent, as well as the lane barriers, on AHS capacity are studied. Special attention is paid to the interaction between the lane-flow rule...

The specific objective of this study is to assess traveler behavior impacts of Advanced Traveler Information Systems (ATIS) technologies and the consequent system impacts at highway bottlenecks caused by incidents and recurring congestion. This research is based on earlier work regarding impacts...

In this report, the authors describe preliminary research dealing with vehicle emissions associated directly with 1) Automated Highway Systems ( AHS) and 2) ramp metering. In performing this analysis, a power-demand modal emissions model has been integrated with several transportation simulation...