Summary This paper questions the view that a rise of the retirement age does not reduce the financial problems of a pay-as-you-go public pension system if individuals receive compensations for additional years spent in the labor force. It is shown that rather utility compensation is required...

Abstract Our study provides evidence for firms’ evaluation of location quality. We use a 2004 survey of 6,000 East German firms that contained questions on the importance and assessment of 15 different location factors ranging from closeness to customers and suppliers, transport...

We analyze land use regulations in cities with traffic congestion and production spillovers. Land is allocated between residential and industrial uses inside the city boundary or between urban and rural uses at the city boundary. The production is dispersed over the city, and people and firms...

European regions differ considerably in their population age structure. This implies the questions, whether a specific age structure is favorable for regional per capita output growth and whether differences in the age structure induce differences in per capita output growth between regions. To...

In many countries passenger transport is significantly subsidized in a variety of ways for various reasons. The objective of this paper is to examine efficiency, distributional, environmental (CO2emissions) and spatial effects of increasing different kinds of passenger transport subsidies...

In cities there is a variety of economic and spatial forces that may influence to what extent a travel-related CO2 emission pricing can be an effective instrument to contribute to the achievement of CO2 reduction goals. Therefore, we examine the effectiveness and impact of CO2 emission charges...