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Strategies for the International Protection of the Environment

Carraro, Carlo; Siniscalco, Domenico - C.E.P.R. Discussion Papers - 1991

This paper provides a general framework for studying the profitability and stability of international agreements to protect the environment in the presence of trans-frontier or global pollution. N countries are assumed to bargain on emission control. Each country decides whether or not to...

Persistent link: https://www.econbiz.de/10005661428

On the Nature, Modeling, and Neural Bases of Social Ties

Ridderinkhof, Richard; Stallen, Mirre; Winden, Frans … - C.E.P.R. Discussion Papers - 2008

This paper addresses the nature, formalization, and neural bases of (affective) social ties and discusses the relevance of ties for health economics. A social tie is defined as an affective weight attached by an individual to the well-being of another individual (‘utility interdependence’)....

Persistent link: https://www.econbiz.de/10005666453

Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium

Chisari, Omar; Estache, Antonio; Nicodème, Gaëtan - C.E.P.R. Discussion Papers - 2013

This paper assesses the effects of applying VAT or a sales tax on (intermediate or final) sales of the financial sector. It uses a CGE Model calibrated for a small open economy. It highlights the differentiated sectoral and redistributional effects of these taxes and shows the importance of the...

Persistent link: https://www.econbiz.de/10011084284

From World Banker to World Venture Capitalist: US External Adjustment and The Exorbitant Privilege

Gourinchas, Pierre-Olivier; Rey, Hélène - C.E.P.R. Discussion Papers - 2005

the sustainability of the current global imbalances. …

Persistent link: https://www.econbiz.de/10005791200

Current Account Sustainability: Selected East Asian and Latin American Experiences

Milesi-Ferretti, Gian Maria; Razin, Assaf - C.E.P.R. Discussion Papers - 1996

forward a notion of current account sustainability and compares the experience of three Latin American countries – Chile … sustainability indicators and discusses their usefulness in predicting external crises. …

Persistent link: https://www.econbiz.de/10005791270

Debt and Deficit Ceilings, and Sustainability of Fiscal Policies: An Intertemporal Analysis

Uctum, Merih; Wickens, Michael R. - C.E.P.R. Discussion Papers - 1997

This paper examines the consequences for the sustainability of fiscal policy of imposing restrictive ceilings on …

Persistent link: https://www.econbiz.de/10005791703

Signalling Debt Sustainability

Drudi, Francesco; Prati, Alessandro - C.E.P.R. Discussion Papers - 1993

over. The model determines when it is optimal for the government in power to signal the sustainability (full repayment) or … the non-sustainability (partial repayment) of the debt regime. The timing depends on the initial reputation of the …

Persistent link: https://www.econbiz.de/10005114285

The Sustainability of Optimal Cooperative Macroeconomic Policies in a Two-Country World

Currie, David; Levine, Paul L - C.E.P.R. Discussion Papers - 1986

The paper investigates the sustainability of cooperative rules for the conduct of macroeconomic policy in a two …

Persistent link: https://www.econbiz.de/10005281334

Beyond GDP and Back: What is the Value-added by Additional Components of Welfare Measurement?

Kassenboehmer, Sonja C; Schmidt, Christoph M - C.E.P.R. Discussion Papers - 2011

Building on the Stiglitz report, a growing literature suggests to explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective perceptions. To explore the additional information of these indicators, we analyze...

Persistent link: https://www.econbiz.de/10008854482

Sustainability of Public Finances

Perotti, Roberto; Strauch, Rolf; von Hagen, Jürgen - C.E.P.R. Discussion Papers - 1997

finances of its member states. Yet there is no clear definition of sustainability. The economist’s common use of the term …. In this study, we develop a concept of sustainability focusing on the controllability of public finances. In so doing, we … adopt the approach of the Maastricht Treaty, to assume sustainability as long as a country does not violate the double …

Persistent link: https://www.econbiz.de/10005667090