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Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1998

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment; and the political difficulties in implementing more extensive reform programmes. We argue that the heart of...

Persistent link: https://www.econbiz.de/10005123912

Can Coasean Bargaining Justify Pigouvian Taxation?

Rosenkranz, Stephanie; Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2004

usually taken as an argument against the necessity of government intervention through Pigouvian taxation in order to correct … be prevented from always trying to exploit all gains from trade, may in fact be solved by taxation. Thus, in our … framework Coasean bargaining is not a substitute for Pigouvian taxation; instead it is the very reason for government …

Persistent link: https://www.econbiz.de/10005661662

Migration, Congestion Externalities, and the Evaluation of Spatial Investments

Dinkelman, Taryn; Schulhofer-Wohl, Sam - C.E.P.R. Discussion Papers - 2012

Evaluations of new infrastructure in developing countries typically focus on direct effects, such as the impact of an electrifification program on household energy use. But if new infrastructure induces people to move into an area, other local publicly provided goods may become congested,...

Persistent link: https://www.econbiz.de/10011083273

Dams

Duflo, Esther; Pande, Rohini - C.E.P.R. Discussion Papers - 2005

The construction of large dams is one of the most costly and controversial forms of public infrastructure investment in developing countries, but little is known about their impact. This paper studies the productivity and distributional effects of large dams in India. To account for endogenous...

Persistent link: https://www.econbiz.de/10005656412

A Theory of the Welfare State

Sinn, Hans-Werner - C.E.P.R. Discussion Papers - 1995

, evaluating redistributive equilibria from an allocative point of view. It studies the problem of optimal redistributive taxation … redistribution results in more post-tax inequality. In general, optimal taxation will either imply that the redistribution paradox is …

Persistent link: https://www.econbiz.de/10005067443

Should a Carbon Tax be Differentiated Across Sectors?

Hoel, Michael - C.E.P.R. Discussion Papers - 1994

If some, but not all, countries are cooperating to reduce CO2 emissions, it can be argued that: A high carbon tax on carbon-intensive tradable sectors in the cooperating countries will reduce the production of goods from these sectors, and therefore CO2 emissions, in those countries. This will...

Persistent link: https://www.econbiz.de/10005498029

Intergenerational Transfer of Human Capital and Optimal Education Policy

Cremer, Helmuth; Pestieau, Pierre - C.E.P.R. Discussion Papers - 2004

This Paper studies the design of education policies in a setting of successive generations with heterogeneous individuals (high and low earning ability). Parents’ investment in education is motivated by warm-glow altruism and determines the probability that a child has high ability. Education...

Persistent link: https://www.econbiz.de/10005498169

Commodity Tax Competition and Tax Coordination Under Destination and Origin Principles

Lockwood, Ben - C.E.P.R. Discussion Papers - 2000

This paper proposes a general framework for analysing commodity tax competition under destination and origin principles, based on three possible tax spillovers: the consumer price spillover, the producer price/terms of trade spillover, and rent spillovers. A model is presented which can be...

Persistent link: https://www.econbiz.de/10005504270

Optimal Labour Taxation and Search

Boone, Jan; Bovenberg, A Lans - C.E.P.R. Discussion Papers - 2001

This Paper explores the optimal role of the tax system in alleviating labour-market imperfections and raising revenue. For this purpose, the standard search model of the labour market is extended by introducing scarce entrepreneurial talent and arbitrage between the supply and demand. We study...

Persistent link: https://www.econbiz.de/10005504773

Optimal Unemployment Insurance over the Business Cycle

Landais, Camille; Michaillat, Pascal; Saez, Emmanuel - C.E.P.R. Discussion Papers - 2010

-search efforts increase the individual probability of finding a job, they create a negative externality by reducing other jobseekers …

Persistent link: https://www.econbiz.de/10008784735

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