Gegenstand der Arbeit ist die Bestimmung von optimalen Produktions- programmen öffentlicher Unternehmen mit Hilfe von Schattenpreisen und geeigneten Verhaltensvorschriften für die Manager dieser Unternehmen. Zur Ableitung finanzpolitisch relevanter Ergebnisse wird dabei der Tatsache Rechnung...

We examine the relative benefits of policy aimed at mitigating GHG emissions in Canada and globally. We find that while a carbon tax that holds the stock of global emissions below the 550 ppm level would yield positive net benefits for the world economy, the impact of such a tax on the Canadian...

This paper examines the implications of tuition and need-based financial aid policies for family income - post-secondary (PS) attendance relationships. We first conduct a parallel empirical analysis of the effects of parental income on PS attendance for recent high school cohorts in both the...

This paper investigates the effect of private pensions on the retirement wealth distribution. The model incorporates stochastic private pension coverage into a lifecycle model with stochastic earnings. The predictions of the calibrated model are compared to the distribution of retirement net...