Showing 1 - 10 of 42
This paper examines the allocative implications of progressive income taxation when individuals care about their … relative income. It shows that tax progressivity might improve efficiency, and the more so in egalitarian economies …. Introducing a progressive income tax can yield a Pareto improvement if pre-tax income is evenly distributed. Implementing …
Persistent link: https://www.econbiz.de/10005406276
This paper focuses on two equity dimensions of climate policy, intra- and intergenerational, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which each...
Persistent link: https://www.econbiz.de/10010877658
This paper reassesses the debate over the role of education in farm production in Bangladesh using a large dataset on rice producing households from 141 villages. Average and stochastic production functions are estimated to ascertain the effect of education on productivity and efficiency. A full...
Persistent link: https://www.econbiz.de/10010605214
The returns to education remain a central concern for development policy. In developed countries there is evidence that the returns to education have been rising. Evidence for changes over this period for developing countries is limited. In this paper we use data from Kenya and Tanzania to...
Persistent link: https://www.econbiz.de/10011152499
We study the returns to apprenticeship and vocational training for three early labor market outcomes all measured at age 25 for East and West German youths: non-employment (i.e., unemployment or out of the labor force), permanent fulltime employment, and wages. We find strong positive effects of...
Persistent link: https://www.econbiz.de/10011205375
-being on health use identification strategies involving income increases; these studies as well as prior research on stock …
Persistent link: https://www.econbiz.de/10010877960
-inflation variables such as real income has been given a somewhat passive role, either assuming it exogenous or to have a negligible role … extreme Yugoslavian episode to investigate the role of income.  The analysis suggests that even in extreme hyper-inflation the … monetary variables and real income are simultaneously determined.  The methodology enables a description of the short term …
Persistent link: https://www.econbiz.de/10011004302
Persistent link: https://www.econbiz.de/10005344506
Persistent link: https://www.econbiz.de/10005344510
This paper proposes relative and absolute measures of deprivation using social satisfaction functions. The relative (absolute) measure gives us the amount by which social satisfaction can be increased in proportional (absolute) terms by redistributing incomes equally. We also demonstrate the...
Persistent link: https://www.econbiz.de/10005256781