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Mon, 05 Oct 2009 00:00:00 GMT
Robert Crandall and Clifford Winston respond to Paul Krugman's recent New York Times Magazine article which laments the current state of macroeconomics. The authors call attention to the fact that Krugman did not mention the state of microeconomics which, they argue, has not suffered any serious intellectual setbacks from the current Great Recession.
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Wed, 20 May 2009 14:40:26 GMT
In proposing higher fuel efficiency standards for new cars, President Obama has intervened in the private sector. Cliff Winston explains how consumer demand alone for fuel efficient cars was clearly not strong enough to drive the market in that direction. But, he warns of such unintended consequences as cars being less safe and driven more.
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Tue, 13 Jan 2009 00:00:00 GMT
Clifford Winston join other experts in an important and timely discussion of something that will affect both the immediate economic progress of the U.S. and our economic viability for generations to come: infrastructure, on NewTalk moderated by Amy Resnick.
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Sun, 28 Dec 2008 00:00:00 GMT
In order for Barack Obama to truly stimulate the nation’s economy through infrastructure spending, Clifford Winston argues that he needs to wring wasteful spending not just out of pork projects, but out of all of his transportation expenditures. Unlike the bailout of the financial system, sound economic guidelines exist to enable investments to generate large social returns.
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Fri, 05 Dec 2008 00:00:00 GMT
Highway congestion increases motorists’ travel times and contributes to urban sprawl by raising the price of homes that are close to employment centers. Clifford Winston and Ashley Langer analyze the costs and benefits of congestion pricing accounting for its effects on highway travel conditions and on land use.
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Thu, 27 Nov 2008 00:00:00 GMT
Robert Crandall and Clifford Winston discuss a proposal for automakers they think will cost taxpayers less and, in the long run, be more beneficial to labor and the overall economy than either a straight bailout or bankruptcy.
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Tue, 30 Sep 2008 00:00:00 GMT
The book Archon Fung, Mary Graham, and David Weil’s Full Disclosure: The Perils and Promise of Transparency provides a thorough discussion of governmentmandated disclosure policies. Clifford Winston uses their book to frame an empirical assessment of whether these—and other information policies—have significantly reduced the costs to consumers created by imperfect information.
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Mon, 09 Jun 2008 00:00:00 GMT
Clifford Winston joins Shankar Vedantam of the Washington Post to discuss human behavior and worker burnout on washingtonpost.com Department of Human Behavior online chat.
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Thu, 01 May 2008 00:00:00 GMT
In this chapter excerpted from their new book, Aviation Infrastructure Performance (Brookings 2008), Steven Morrison and Clifford Winston argue that privatized airports and air traffic control would have the potential to improve service to travelers and reduce the cost of carrier operations while maintaining the nation’s outstanding record of air travel safety in the face of an ever greater volume of traffic. In addition, privatized airports could facilitate greater competition among airlines that would lead to lower fares.
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Thu, 01 May 2008 12:00:00 GMT
International transportation experts compare and contrast how different nations have managed their airports and air traffic control systems and how well they are meeting the needs of their people.
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Thu, 24 Apr 2008 00:00:00 GMT
This fall the United States will celebrate the 30th anniversary of the Airline Deregulation Act of 1978 and, Clifford Winston and Steven Morrison argue, the nation has reason to celebrate because airline deregulation has benefited both travelers and carriers.
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Sat, 19 Apr 2008 00:00:00 GMT
Flights on U.S. airlines have never been more crowded, but despite recent reports, Clifford Winston and Robert Crandall argue, U.S. airlines have never been safer.
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Mon, 31 Mar 2008 00:00:00 GMT
The Federal Aviation Administration (FAA) seeks to prevent the nation’s aviation system from becoming congested. To reduce delays, the FAA makes investments in air traffic control. Clifford Winston and Steven A. Morrison assess the efficacy of these investments by developing an empirical model of delays that is motivated by air traffic control operations.
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Mon, 31 Dec 2007 00:00:00 GMT
In this paper, Steven A. Morrison and Clifford Winston develop a model of the net benefits to air travelers from flights to and from US airports and calibrate it with data that account for a large share of the nation’s passenger air travel in 2005.
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Fri, 30 Nov 2007 00:00:00 GMT
Clifford Winston and Kenneth E. Train develop a consumer-level model of vehicle choice to shed light on the erosion of the U.S. automobile manufacturers’ market share during the past decade. They examine the influence of vehicle attributes, brand loyalty, product line characteristics, and dealerships.
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Fri, 23 Mar 2007 00:00:00 GMT
Testimony by Clifford Winston. (03/23/07)
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Mon, 18 Dec 2006 00:00:00 GMT
Robert Crandall and Clifford Winston argue that policy-makers take the wrong approach in opposing recent merger attempts in the airline industry. While enforcement of antitrust laws can improve consumer welfare in some cases, Crandall and Winston conclude that government efforts to prevent such mergers "do little to improve consumer welfare and sometimes actually reduce it."
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Wed, 01 Nov 2006 00:00:00 GMT
When should government intervene in market activity and when is it best to let market forces take their natural course? How does the existing empirical evidence about government performance guide our answers to these questions? In this clear, concise
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Fri, 01 Sep 2006 00:00:00 GMT
On what basis is one to conclude that a policy to correct a market failure is as successful as possible? The first consideration is whether government has any reason to intervene in a market: Is there evidence of a serious market failure to correct? The second is whether government policy is at least improving market performance: Is it reducing the economic inefficiency, or "deadweight" loss, from market failure?
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Thu, 31 Aug 2006 00:00:00 GMT
Despite a decline in its mode share, investment to build new urban rail transit systems and extend old ones continues. Clifford Winston and Vikram Maheshri estimate the contribution of each U.S. urban rail operation to social welfare based on the demand for and cost of its service.
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Fri, 05 May 2006 00:00:00 GMT
AEI Joint Center paper by Clifford Winston (May 2006)
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Mon, 01 May 2006 00:00:00 GMT
Clifford Winston, Vikram Maheshri and Fred Mannering find that safety-conscious drivers are more likely than other drivers to acquire airbags and antilock brakes but these safety devices do not have a significant effect on collisions or injuries, suggesting drivers trade off enhanced safety for speedier trips.
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Mon, 01 May 2006 00:00:00 GMT
Kenneth E. Train and Clifford Winston attempt to shed light on the U.S. automaker industry’s predicament by applying econometric advances to analyze the vehicle choices of American consumers.
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Wed, 15 Mar 2006 00:00:00 GMT
Kenneth A. Small, Clifford Winston and Jia Yan design a differentiated road pricing scheme that fills in the gap between optimal but socially unpopular first-best pricing and pragmatic but less efficient policies like carpool or HOT lanes.
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Thu, 09 Mar 2006 00:00:00 GMT
This week's stunning announcement by AT&T that it had reached an agreement to acquire BellSouth for $67 billion is surely an affront to proponents of a strong antitrust policy for two reasons.
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Thu, 08 Dec 2005 00:00:00 GMT
Deregulation of U.S. industry has been such a controversial issue for the past few decades that it is perhaps understandable that people do not realize that one deregulatory initiative — the 1980 Staggers Act that deregulated the rail freight industry — surprisingly turned out to benefit both consumers and the industry.
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Sat, 15 Oct 2005 00:00:00 GMT
Clifford Winston assesses how railroads and shippers have fared after 25 years of deregulation, and suggests that deregulation has also turned out to be a great boon for shippers as rail carriers have passed on some of their cost savings to them in lower rates and significantly improved service times and reliability.
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Wed, 28 Sep 2005 00:00:00 GMT
Steven Morrison and Clifford Winston testify before a House committee that the airline industry's financial problems are broadly associated with the industry’s long-term adjustment to airline deregulation. They propose ways that policy-makers can allow the industry to be more efficient and benefit the public.
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Fri, 22 Jul 2005 00:00:00 GMT
Opinion by Clifford Winston, Houston Chronicle (7/22/05)
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Mon, 04 Jul 2005 00:00:00 GMT
Opinion by Kenneth A. Small and Clifford Winston, The Washington Examiner (7/4/05)
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Fri, 01 Jul 2005 00:00:00 GMT
We develop a consumer-level model of vehicle choice to shed light on the erosion of the U.S. automobile manufacturers' market share during the past decade. Our model accounts for the influence of vehicle attributes, brand loyalty, product line characteristics, and dealerships on choice. We find that nearly all of the loss in market share for U.S. manufacturers can be explained by changes in basic vehicle attributes: price, size, power, operating cost, and body type. U.S. manufacturers have improved their vehicles' attributes but not as much as Japanese and European manufacturers have improved the attributes of their vehicles.
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Mon, 23 May 2005 00:00:00 GMT
Robert W. Crandall and Clifford Winston argue that trade protection can no longer shield the U.S. auto producers from foreign efficiency.
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Mon, 23 May 2005 00:00:00 GMT
Opinion by Robert W. Crandall and Clifford Winston, Detroit Free Press (5/23/05)
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Tue, 15 Feb 2005 00:00:00 GMT
Kenneth A. Small, Clifford Winston and Jia Yan suggest that road pricing policies designed to cater to varying preferences can improve efficiency and reduce the disparity of welfare impacts compared with recent pricing experiments.
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Thu, 15 Apr 2004 00:00:00 GMT
Robert W. Crandall and Clifford Winston review the literature and assesses the effects of antitrust policy and enforcement on consumer welfare.
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Mon, 01 Sep 2003 00:00:00 GMT
Article by Robert W. Crandall and Clifford Winston, Journal of Economic Perspectives (Fall 2003)
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Sun, 15 Jun 2003 00:00:00 GMT
John E. Calfee, Clifford Winston, and Randolph Stempski try to understand why pharmaceutical companies have quadrupled advertising spending since the 1997 FDA rule, making branded direct-to-consumer advertising a new and expensive competitive tool for prescription drug manufacturers.
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Mon, 24 Sep 2001 00:00:00 GMT
In the aftermath of the 9/11 terrorist attacks, Clifford Winston and Steve Morrison argue that Congress's airline assistance package should be achieved at minimal societal cost. "Attempts by policymakers to use this tragedy as an opportunity to correct perceived failings of airline competition," they argue, "are inappropriate and unjustified. Industry competition has been strong and effective."
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Fri, 01 Dec 2000 00:00:00 GMT
Article by Clifford Winston, Fiscal Studies (2000)
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Fri, 25 Aug 2000 00:00:00 GMT
This volume addresses deregulation in the airline, railroad, telecommunications, and electric power industries and identifies the next steps that policymakers should take to enhance public welfare and stimulate competition in the provision of these services.
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Tue, 01 Jun 1999 00:00:00 GMT
Brookings Review, Summer 1999
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Thu, 01 Apr 1999 00:00:00 GMT
Opinion by illiam G. Gale, Senior Fellow, The Brookings Institution
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Mon, 15 Mar 1999 00:00:00 GMT
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.
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Fri, 19 Feb 1999 00:00:00 GMT
The book covers the basic analytic methods used in transportation economics and policy development and analysis. It's comprehensive survey of transportation economic policy pays homage to a classic work, Techniques of Transportation Planning, by reno
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Tue, 29 Sep 1998 00:00:00 GMT
This book develops an alternative solution to urban transportation problems based on economic analysis of public and private sector capabilities, concluding that public officials should take the next step and allow the private sector to play a leadin
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Tue, 15 Sep 1998 00:00:00 GMT
Steven A. Morrison, Tara Watson, and Clifford Winston review the regulatory battle over airplane noise to illustrate how addressing these questions can improve regulatory policy by targeting government action where it is needed.
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Mon, 26 Jan 1998 00:00:00 GMT
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.
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Mon, 01 Sep 1997 00:00:00 GMT
Brookings Review article by Steven A. Morrison and Clifford Winston (Fall 1997)
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Tue, 04 Feb 1997 00:00:00 GMT
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.
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Tue, 10 Oct 1995 00:00:00 GMT
In this volume the authors provide a comprehensive profile of the airline industry as it has evolved, both before and since the Airline Deregulation Act in 1978. The authors identify the problems the industry faces, assess their severity and their un
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Fri, 10 Jun 1994 00:00:00 GMT
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.
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Fri, 11 Jun 1993 00:00:00 GMT
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.
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Thu, 04 Jun 1992 00:00:00 GMT
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Thu, 20 Jun 1991 00:00:00 GMT
For almost twenty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.
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Thu, 21 Jun 1990 00:00:00 GMT
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.
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Tue, 05 Jun 1990 00:00:00 GMT
Clifford Winston, Thomas M. Corsi, Curtis M. Grimm, and Carol A. Evans provide a comprehensive evaluation of the effect of the 1980 deregulation legislation on the rail and trucking industries.
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Tue, 13 Jun 1989 00:00:00 GMT
Road Work proposes a comprehensive highway pricing and investment policy to meet the goals of efficiency, equity, and financial stability.
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Tue, 23 May 1989 00:00:00 GMT
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business commmunities with timely research of current economic issues.