English, Article edition: Cost Benefit Analysis of a Transport Improvement in the Case of Search Unemployment Ninette Pilegaard; Mogens Fosgerau

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/33202
Physical Description
  • article
Language
  • English

Edition details

Title
  • Cost Benefit Analysis of a Transport Improvement in the Case of Search Unemployment
Author
  • Ninette Pilegaard
  • Mogens Fosgerau
Physical Description
  • article
Notes
  • We examine the implications of search unemployment for the evaluation of a transport investment in a conventional cost benefit analysis (CBA) assuming perfect competition. Lower transport costs induce search over a larger area and longer commuting distances. The expected duration of vacancies is reduced with ensuing benefits outweighing the loss to increased transport. The search imperfection drives a wedge between the marginal product of labour and the wage, such that the final benefits of a transport improvement exceed those of a conventional CBA. Using a simulation model we find these additional benefits may be substantial. © 2008 LSE and the University of Bath
  • RePEc:tpe:jtecpo:v:42:y:2008:i:1:p:23-42
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment