As expected, drives into Manhattan grew notably faster following congestion pricing.
But local journeys outside the toll zone also sped up a bit – and there are *lots* of them.
To the researchers’ surprise, those driving outside Manhattan collectively saved 5x more hours than toll payers(!).
Victoria Marone and I hiring a predoc to work on health & urban economics projects with us at Yale. We’re a bit late in the hiring cycle, but would love to chat with folks in school /government/industry who are interested in doing an econ PhD!
Details here: tinyurl.com/2jz6bc6c
#econ_ra #econsky
What we know about congestion pricing in New York City. (We looked up every data source we could think of.)
www.nytimes.com/interactive/...
An analysis of the first 2 months of New York City's congestion pricing policy shows that road speeds increased and emissions decreased inside and out of the congestion zone, from Cook, Kreidieh, Vasserman, Allcott, Arora, van Sambeek, Tomkins, and Turkel https://www.nber.org/papers/w33584