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Estimating Urban Road Congestion Charges

Newbery, David M G; Santos, Georgina - C.E.P.R. Discussion Papers - 2002

Economists wishing to analyse road congestion and road pricing have usually relied on link-based speed-flow relationships. These may provide a poor description of urban congestion, which mainly arises from delays at intersections. Using the simulation model SATURN, we investigate the second-best...

Persistent link: https://www.econbiz.de/10005791909

Developing Countries Exports Survival in the OECD: Does Experience Matter?

Carrère, Céline; Strauss-Kahn, Vanessa - C.E.P.R. Discussion Papers - 2014

This paper focuses on developing countries that export for the first time to the OECD and obtains several important results on export dynamic, linking exports experience and exports survival. Using product level data at the SITC 5 digit level for 114 developing countries on the 1962-2009 period,...

Persistent link: https://www.econbiz.de/10011084564

Anti-Dumping Sunset Reviews: The Uneven Reach of WTO Disciplines

Cadot, Olivier; de Melo, Jaime; Tumurchudur, Bolormaa - C.E.P.R. Discussion Papers - 2007

The paper uses a new database on Anti-Dumping measures worldwide to assess whether the 1995 Uruguay Round Agreement on AD sunset reviews had any effect. Estimates from a count of revocations for a panel of AD-using countries over 1979-2005 show that a five-year cycle is more apparent after the...

Persistent link: https://www.econbiz.de/10005067384

Modelling the duration of patent examination at the European Patent Office

Harhoff, Dietmar; Wagner, Stefan - C.E.P.R. Discussion Papers - 2005

We analyze the duration of patent examination at the European Patent Office (EPO). Our data contain variables that are correlates of the applicants’ and examiners’ assessments of a patent’s economic and technical relevance as well as ex post-application citation measures which indicate the...

Persistent link: https://www.econbiz.de/10005656290

Ruling out Indeterminacy: the Role of Heterogeneity

Herrendorf, Berthold; Valentinyi, Akos; Waldmann, Robert - C.E.P.R. Discussion Papers - 1998

heterogeneity across individuals can have a strong stabilizing effect. We illustrate this in a stylized two-sector economy with an …

Persistent link: https://www.econbiz.de/10005504588

Who Trusts Others?

Alesina, Alberto F; La Ferrara, Eliana - C.E.P.R. Discussion Papers - 2000

Both individual experiences and community characteristics influence how much people trust each other. Using individual level data drawn from US localities we find that the strongest factors associated with low trust are: i) a recent history of traumatic experiences; ii) belonging to a group that...

Persistent link: https://www.econbiz.de/10005498055

Bank Finance versus Bond Finance: What Explains the Differences Between the US and Europe?

De Fiore, Fiorella; Uhlig, Harald - C.E.P.R. Discussion Papers - 2005

We present a dynamic general equilibrium model with agency costs, where heterogeneous firms choose between two alternative instruments of external finance - corporate bonds and bank loans. We characterize the financing choice of firms and the endogenous financial structure of the economy. The...

Persistent link: https://www.econbiz.de/10005498089

Consumption, Income Changes and Heterogeneity: Evidence from Two Fiscal Stimulus Programmes

Misra, Kanishka; Surico, Paolo - C.E.P.R. Discussion Papers - 2013

propensity held high mortgage debt. The heterogeneity is concentrated in a few non-durable categories and a handful of `new …

Persistent link: https://www.econbiz.de/10011083341

Heterogeneity, Demand for Insurance and Adverse Selection

Spinnewijn, Johannes - C.E.P.R. Discussion Papers - 2012

heterogeneity in risks. I distinguish between heterogeneity in risk preferences and risk perceptions underlying the unexplained … heterogeneity, I find that the welfare conclusions regarding adversely selected markets are substantially different. The source of … heterogeneity is also essential for the evaluation of different interventions intended to correct inefficiencies due to adverse …

Persistent link: https://www.econbiz.de/10011083454

Monopolistic Competition and Optimum Product Selection: Why and how heterogeneity matters

Nocco, Antonella; Ottaviano, Gianmarco; Salto, Matteo - C.E.P.R. Discussion Papers - 2013

recently re-emerged due to the availability of an appropriate and parsimonious framework to deal with firm heterogeneity …. Within this framework we show that non-separable utility, variable demand elasticity and endogenous firm heterogeneity cause … that the extent of the errors depends on the degree of firm heterogeneity. In particular, the inefficiency of the market …

Persistent link: https://www.econbiz.de/10011083607