Showing 1 - 10 of 132
It is well known that the take-up rate of the Dutch housing benefit and othermeans tested benefits is substantially below 100%. In order to measure non-take up oneusually has to simulate entitlement to the benefits. In this paper we take a closer look atthe quality of the simulation. We find...
Persistent link: https://www.econbiz.de/10010324819
There has been wide interest in private supply of roads as a solution to traffic congestion. We study its efficiency under demand uncertainty: we solve for equilibrium and optimum as benchmarks, and evaluate the efficiency of possible regulatory policies for private road operators. We obtain...
Persistent link: https://www.econbiz.de/10011403549
We study the efficiency of private supply of roads under demand uncertainty and evaluate various regulatory policies. Due to demand uncertainty, capacity is decided before demand is known, but tolls can be adjusted after demand is known. Policy implications can differ considerably from those...
Persistent link: https://www.econbiz.de/10011662523
After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...
Persistent link: https://www.econbiz.de/10010325462
Participatory wealth rankings (PWRs) present an inclusive and inexpensive targeting method to identify poor households. They tend to be well received by participants but point to a systematically different understanding of welfare than implied by consumption-based rankings. This suggests that...
Persistent link: https://www.econbiz.de/10012427186
'Robot cars' are cars that allow for automated driving. They can drive closer together than human driven 'normal cars', and thereby raise road capacity. Obtaining a robot car instead of a normal car can also be expected to lower the user's value of time losses (VOT), because travel time can be...
Persistent link: https://www.econbiz.de/10011288417
The paper presents a polycentric general equilibrium model with congestion externalities and distortionary labor taxation calibrated to fit the key empirical regularities of the regional economy and transport system of Randstad conglomeration. In line with more stylized models, marginal external...
Persistent link: https://www.econbiz.de/10011403546
Existing work emphasizes the importance of traffic congestion externalities, but typically ignores cruising-for-parking externalities. We introduce a novel methodology to estimate the marginal external cruising costs of parking. The level of cruising is identified by examining to what extent the...
Persistent link: https://www.econbiz.de/10011403576
This paper considers coarse tolling of congestion under heterogeneous preferences, and especially the distributional effects of such tolls. With coarse tolling, the toll equals a fixed value during the centre of the peak; outside this period, it is zero. This paper investigates three dimensions...
Persistent link: https://www.econbiz.de/10010326492
This paper explores the interactions between congestion pricing and a tax-distorted labor market within a monocentric urban equilibrium model. We compute the efficiency gains of various second-best policies, i.e. combinations of toll schemes and revenue recycling programs, with a predetermined...
Persistent link: https://www.econbiz.de/10010326513