Is monetary policy transmitted through markets for intermediate goods? Analyzing US data on corporate linkages, we document that the financial health of downstream and upstream firms plays a key role in monetary policy transmission. Our estimates suggest that contractionary changes in monetary...

This paper empirically tests the bottleneck co-ownership theory presented in Boffa and Panzar (2012) by using data in the US airline industry. We present a structural model of codesharing between major airlines and regional airlines. The empirical evidence in this study supports the bottleneck...

Project scheduling is one of the core elements of project management, which is essential for engineering-to-order manufacturing companies to improve productivity, reduce costs and shorten project finish time. This paper explores the multi-mode project scheduling problem under resource and finish...

The scaling of adopted measures on farms is often proposed however, the factors that inform non-adoption of advised measures are typically overlooked. Better understanding of these factors could offer important insights for overcoming these bottlenecks and therefore offer important potential...

Downs (1962) claimed that expressways reach maximum traffic flow but lower congestion. In urban economics since Strotz (1965), road capacity is measured by road width, and congestion as the delay in travel showing that wider roads lower congestion. Duranton and Turner (2011), in an econometric...

We study congestion problems in decentralized, two-sided matching markets. The main focus is on the impact of market thickness on these congestion problems. We find that it is often not optimal to make an offer to the best observed agent when the likelihood of acceptance is very low. We derive...

We examine the impact of port congestion on containership freight rates. Our results show that port congestion has a positive and significant effect on containership freight rates. However, a 1% increase in port congestion in North America or Europe has an effect of approximately 0.5% on...