only reduce their commuting costs by reducing total labour supply. However, a labour supply model which also allows for … optimally chosen daily hours implies that commuting costs increase daily hours, whereas the effect on total labour supply is … commuting distance using the socio-economic panel data for Germany between 1997 and 2007. Endogeneity of commuting distance is …

We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … function of individual wealth while the introduction of start-up costs tends to flatten this relationship. The theoretical … business start-up costs. We use three highly comparable micro datasets (SHARE, ELSA and HRS) providing harmonized data on …