This study analyses travellers’ behavioural responses to two temporal measures implemented by the German government: the reduction in public transport prices, making it almost fare-free, and a decrease in fuel taxes to the minimum level permitted by European law. Based on a panel dataset of GPS-tracked trips collected before and during the price intervention from a representative sample of 276 individuals, ...
Real construction volume is expected to decline for the fifth year in a row: A decline of nearly four percent is expected for 2024 and it should fall by almost one percent in 2025. However, the construction industry may manage to reverse the trend in 2026, when real construction volume is projected to grow by two percent. However, this should not obscure the fact that the declines over the past years ...
