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Optimal Utilitarian Taxation and Horizontal Equity

Jordahl, Henrik; Micheletto, Luca - CESifo - 2003

We impose a horizontal equity restriction on the problem of finding the optimal utilitarian tax mix. The horizontal equity constraint requires that individuals with the same ability have to pay the same amount of taxes regardless of their preferences for leisure. Contrary to normal findings, we...

Persistent link: https://www.econbiz.de/10005181477

The Malleability of Undiscounted Utilitarianism as a Criterion of Intergenerational Justice

Asheim, Geir B.; Buchholz, Wolfgang - CESifo - 2000

Undiscounted utilitarianism as a criterion of intergeneration justice has been questioned for different reasons: It has … allocation must involve discounting, and (2) that undiscounted utilitarianism subjects the present generation to heavy demands …-nologies) that undiscounted utilitarianism is so malleable that any efficient and non-decreasing allocation can be the unique optimum …

Persistent link: https://www.econbiz.de/10005405840

Contingent Trade Policy and Economic Efficiency

McCalman, Phillip; Stähler, Frank; Willmann, Gerald - CESifo - 2011

This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market … contingent trade policy on efficiency grounds. Contingent trade policy that seeks to maximize global welfare can avoid the …

Persistent link: https://www.econbiz.de/10009020091

Simultaneous Search and Network Efficiency

Gautier, Pieter A.; Holzner, Christian - CESifo - 2011

When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the...

Persistent link: https://www.econbiz.de/10009221551

Household Formation and Markets

Gersbach, Hans; Haller, Hans; Konishi, Hideo - CESifo - 2013

We consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, externalities from the partner’s commodity consumption and unpriced actions are allowed. Each individual has two types of traits: observable...

Persistent link: https://www.econbiz.de/10010698700

Incentives to Work and Performance in the Public Sector

Economides, George; Philippopoulos, Apostolis; … - CESifo - 2015

productive efficiency, in the public sector. We focus on reforms aiming to establish parity between work conditions in the public …

Persistent link: https://www.econbiz.de/10011163067

Efficiency Gains by Modifying GMM Estimation in Linear Models under Heteroskedasticity

Kiviet, Jan Frederik; Feng, Qu - CESifo - 2014

(MGMM), exploiting straight-forward modifications of the instruments, can achieve substantial efficiency gains and bias …

Persistent link: https://www.econbiz.de/10011086451

A Look Upstream: Electricity Market Restructuring, Risk, Procurement Contracts and Efficiency

Maria, Corrado Di; Lange, Ian A.; Lazarova, Emiliya - CESifo - 2014

investigate the impact this change in procurement contracts has on efficiency. Focusing on coal mines, we find that those selling …

Persistent link: https://www.econbiz.de/10011099762

Efficiency and Environmental Impacts of Electricity Restructuring on Coal-Fired Power Plants

Chan, H. Ron; Fell, Harrison; Lange, Ian A.; Li, Shanjun - CESifo - 2013

We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area … without. Our analysis finds that restructuring led to: (1) a two percent improvement in fuel efficiency for IOs, (2) a ten …

Persistent link: https://www.econbiz.de/10010631776

Security of Property as a Public Good: Institutions, Socio-Political Environment and Experimental Behavior in Five Countries

Campos-Ortiz, Francisco; Putterman, Louis; Ahn, T.K.; … - CESifo - 2012

We study experimentally the protection of property in five widely distinct countries— Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...

Persistent link: https://www.econbiz.de/10010595381