In a systematic European comparison of taxes and duties on passenger cars, Germany is in the lower third – Taxes on passenger cars neither raise enough revenue nor provide sufficient incentives for less polluting passenger car traffic. Germany needs to reform its passenger car and fuel taxation and make a gradual increase in the diesel tax a priority. This is the conclusion reached by Uwe Kunert, ...
This study evaluates the impact of fuel taxes on new car purchases, using exhaustive individual-level data of monthly new car registrations in France. We use information on the car holder to account for heterogeneous preferences across purchasers, and we identify demand parameters through the large oil price fluctuations of this period. We find that the short-term sensitivity of demand with respect ...
Our research challenges the traditional view that unemployment is an unequivocal negative event in working life. We argue that depending on workers’ educational attainment and on national-specific institutional settings unemployment might have different implications on young workers who begin their employment careers in low occupational positions. The strongly skill-based and rigid labour market in ...
Duties and taxes on cars are an important source of revenue for European governments and the tax systems are also designed with the goal of achieving environmental policy objectives. A systematic and quantitative comparison of passenger car taxation in 30 European countries shows significant differences among them. However, in almost every country, the use of vehicles with diesel engines is taxed less ...
Related to the increased encouragement of public transport (PT) by policy-makers, over-crowding in PT has become a major issue worldwide. Whilst the impact of in-vehicle crowding on individuals' travel costs has been considered, we focus on aggregate welfare losses. We apply a Pigouvian framework to the case of subways and compute the economic cost of congestion (ECC). We combine data of the 14 metro ...
Hedonic prices of locational attributes in urban land markets are determined by a process of spatial arbitrage that is similar to that which underpins the law of one price. If hedonic prices deviate from their spatial equilibrium values then individuals can benefit from changing locations. I examine whether the law holds for the hedonic price of rail access using a unique historical dataset for Berlin ...
We propose a social welfare function to evaluate a profile of income streams and compare the welfare gain of the actual profile relative to the income profile where the individual receives his first period income in each period. We derive necessary and sufficient conditions for the welfare gain to be positive, and show how this welfare gain can be decomposed in a pure effect of economic growth, a mobility ...
