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Efficiency of Decentralized Road Investment and Pricing in a Multi-Jurisdictional City with Spillovers

Brueckner, Jan K. - 2013

This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...

Persistent link: https://www.econbiz.de/10010322999

Cordon Tolling in a City with Congested Bridges

Brueckner, Jan K. - 2014

This paper analyzes cordon tolling using a simple model where space is discrete rather than continuous, with commuting costs incurred only on two congested bridges. The first-best regime requires tolls on both bridges, whereas only the inner bridge is tolled under the cordon-toll regime. While...

Persistent link: https://www.econbiz.de/10010398632

Parking and Urban Form

Brueckner, Jan K.; Franco, Sofia F. - 2015

, road congestion in the neighborhood (which affects the commuting costs of local residents) depends on the average amount of …

Persistent link: https://www.econbiz.de/10010531794

Manipulable Congestion Tolls

Brueckner, Jan K.; Verhoef, Erik T. - 2009

The recent literature on congestion pricing with large agents contains a remarkable inconsistency: though agents are … large enough to recognize self-imposed congestion and exert market power over prices, they do not take into account the … impact of their own actions on the magnitude of congestion tolls. When large agents are confronted with tolls derived under …

Persistent link: https://www.econbiz.de/10010325678

Decentralized Road Investment and Pricing in a Monocentric, Multi-Jurisdictional City: Efficiency with Spillovers

Brueckner, Jan K. - 2013

Persistent link: https://www.econbiz.de/10010328863

Airline Alliances and Service Quality

Brueckner, Jan K.; Flores-Fillol, Ricardo - 2018

-airport congestion, greater internalization by allied carriers tends to reduce frequency, but this force is not enough to overturn the …

Persistent link: https://www.econbiz.de/10011931976

Cities without Skylines: Worldwide Building-Height Gaps and Their Implications

Jedwab, Remi; Barr, Jason; Brueckner, Jan K. - 2020

other measures of land-use regulation and international measures of housing prices, sprawl, congestion and pollution. Taken …

Persistent link: https://www.econbiz.de/10012269581

When the market drives you crazy: Stock market returns and fatal car accidents

Giulietti, Corrado; Tonin, Mirco; Vlassopoulos, Michael - 2018

The stock market influences some of the most fundamental economic decisions of investors, such as consumption, saving, and labor supply, through the financial wealth channel. This paper provides evidence that daily fluctuations in the stock market have important -and hitherto neglected-...

Persistent link: https://www.econbiz.de/10011879935

When the Market Drives You Crazy: Stock Market Returns and Fatal Car Accidents

Giulietti, Corrado; Tonin, Mirco; Vlassopoulos, Michael - 2018

Persistent link: https://www.econbiz.de/10011931685

When the Market Drives you Crazy: Stock Market Returns and Fatal Car Accidents

Giulietti, Corrado; Tonin, Mirco; Vlassopoulos, Michael - 2018

The stock market influences some of the most fundamental economic decisions of investors, such as consumption, saving, and labor supply, through the financial wealth channel. This pa-per provides evidence that daily fluctuations in the stock market have important - and hitherto neglected -...

Persistent link: https://www.econbiz.de/10011931932