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Travel Demand Model with Heterogeneous Users and Endogenous Congestion: An application to optimal pricing of bus services

Batarce, Marco; Ivaldi, Marc - C.E.P.R. Discussion Papers - 2011

We formulate and estimate a structural model for travel demand, in which users have heterogeneous preferences and make their transport decisions considering the network congestion. A key component in the model is that users have incomplete information about the preferences of other users in the...

Persistent link: https://www.econbiz.de/10009493565

The New Stylized Facts About Income and Subjective Well-Being

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2013

In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...

Persistent link: https://www.econbiz.de/10011083711

Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox

Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2008

The "Easterlin paradox" suggests that there is no link between a society’s economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...

Persistent link: https://www.econbiz.de/10005667028

Subjective Well-Being, Income, Economic Development and Growth

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2010

We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...

Persistent link: https://www.econbiz.de/10008684672

Sources of Growth: the Entrepreneurial versus the Managed Economy

Audretsch, David B; Thurik, A R Roy - C.E.P.R. Discussion Papers - 1997

The purpose of this paper is to suggest that a fundamental shift in Europe, along with the other OECD countries, is …

Persistent link: https://www.econbiz.de/10005504288

The Macroeconomic Impact of Flexible Labour Contracts: An Application to Spain

Bentolila, Samuel; Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1991

This paper constructs a theoretical model to study the effects on employment of the introduction of flexible labour contracts (i.e. with low firing costs), which occurred in many European countries in the 1980s, which it then tests on Spanish data. The model predicts that such contracts increase...

Persistent link: https://www.econbiz.de/10005504305

From Baghdad to London: The Dynamics of Urban Growth in Europe and the Arab World, 800-1800

Bosker, Maarten; Buringh, Eltjo; Zanden, Jan Luiten Van - C.E.P.R. Discussion Papers - 2008

On the basis of a large (new) dataset of cities in Europe, North Africa and the Middle East in the millennium between … from Iraq (or more generally the Arab world) to Western Europe and to the shores of the Atlantic (during the 17th and 18th …

Persistent link: https://www.econbiz.de/10005504754

Out in the Cold? Outsiders and Insiders in 1999: Feasible and Unfeasible Options

Spaventa, Luigi - C.E.P.R. Discussion Papers - 1996

If the third stage of monetary union in Europe begins on 1 January 1999, not all EU countries will participate: two …

Persistent link: https://www.econbiz.de/10005497702

Leaving Home and Living Alone: An Historical Perspective

Wall, Richard - C.E.P.R. Discussion Papers - 1987

This paper provides a historical and geographical perspective on the composition of households in present-day Europe … recent increase in the proportion of one-person households been accompanied by any reduction in the variation within Europe … in the frequency of living alone, which remains much lower in Southern and parts of Eastern Europe than in Western Europe …

Persistent link: https://www.econbiz.de/10005497727

A Multilateral Payments Union for Eastern Europe?

Bofinger, Peter - C.E.P.R. Discussion Papers - 1990

The paper analyzes the role of a multilateral payments union (PU) between East European countries (EEPU) as an intermediate solution in the process to full convertibility. After a description of the main functions of a PU, which is based on the historical model of the European Payments Union, it...

Persistent link: https://www.econbiz.de/10005497971