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passenger road traffic, total external costs amount to about 44 ECU/1000 pkm on the route Frankfurt -Milan, including the impact … of the transport modes, external costs of passenger road traffic are about 9 times as high as those of rail traffic and … about twice as high as those of air traffic. For goods transport by road, the total external costs (30.6 ECU/1000 tkm) are …
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Capital flows and real estate are pro-cyclical, and real estate has a substantial weight in economies' income and wealth. In this paper, we study the role of real estate markets in the transmission of bank flow shocks to output growth across German cities. The empirical analysis relies on a new...
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Flexibles Carsharing bietet in den Städten eine Alternative zum privaten PKW-Besitz. Der mögliche Beitrag dieser Dienstleistungen zu einer Reduktion der Autoanzahl wird aber immer wieder kontrovers diskutiert. Die empirische Datenbasis zu dieser Frage ist bisher noch relativ klein. Die...
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