Showing 1 - 10 of 119
We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...
Persistent link: https://www.econbiz.de/10011210783
This paper studies a two-region model in which unemployment, education decisions and interregional migration are … change reduces wages of the unskilled. Both education and migration decisions are distorted by a uniform unemployment …
Persistent link: https://www.econbiz.de/10005405804
We study (energy) markets with dirty incumbents and costly entry by clean producers. For intermediate entry costs, the market outcome exhibits inefficient production and inefficient entry. A policy mix of three popular regulatory instruments—taxation on polluters, feed-in tariffs for clean...
Persistent link: https://www.econbiz.de/10010765499
This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in which low-cost production creates a negative externality for third parties, but where alternative production with higher costs entirely mitigates the externality. Our data...
Persistent link: https://www.econbiz.de/10010718529
-term externalities of binge drinking. We find that these externalities are on average $4.9 billion per year ($7 billion), about $80 for …
Persistent link: https://www.econbiz.de/10011167139
externalities associated with energy use—global warming, local air pollution, and various side effects (e.g., congestion) from motor … vehicles. Techniques for (roughly) estimating the magnitude of these externalities, and corrective energy taxes, on a country …
Persistent link: https://www.econbiz.de/10011099764
inclusion - are affected by special education resources. Special education resources are per definition provided in a … compensatory manner, and are increasingly being targeted to misbehaving students. The hypothesis is thus that special education … resources might dampen the negative externalities associated with misbehaving students, and thus work to improve the performance …
Persistent link: https://www.econbiz.de/10010631775
We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the … stages of development witness underenrollment in higher education, while highly developed economies experience overenrollment. …
Persistent link: https://www.econbiz.de/10010559787
We study the introduction of new technologies when their costs are subject to idiosyncratic uncertainty and can only be fully learned through individual experience. We set up a dynamic model of clean experience goods that replace old polluting consumption options and show how optimal regulation...
Persistent link: https://www.econbiz.de/10010603856
internalize consumption externalities. It is demonstrated that the optimal second-best tax on an externality-generating good …
Persistent link: https://www.econbiz.de/10008833932