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The Pareto principle of optimal inequality
BOMMIER, Antoine; ZUBER, Stéphane - Center for Operations Research and Econometrics (CORE), … - 2009
Persistent link: https://www.econbiz.de/10008550226
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Can cultural education crowd out arts subsidization ?
CHAMPARNAUD, Luc; GINSBURGH, Victor; MICHEL, Philippe - Center for Operations Research and Econometrics (CORE), … - 2002
arts in one way or the other. The literature considers several arguments in favor of such interventions. Education may seem … overlapping generations model in which young consumers are exposed to both public education towards the arts and transmission of … such a taste from their parents and show that the first-best can be reached only if there is both public cultural education …
Persistent link: https://www.econbiz.de/10005043228
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How does selfishness affect well-being ?
MILCHTAICH, Igal - Center for Operations Research and Econometrics (CORE), … - 1999
well-being of others as well as with his own, or are there situations in which altruism can actually make things worse for …
Persistent link: https://www.econbiz.de/10005008674
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Climate policies: a burden or a gain?
BRECHET, Thierry; TULKENS, Henry - Center for Operations Research and Econometrics (CORE), … - 2013
That climate policies are costly is evident and therefore often creates major fears. But the alernative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are, and in addition, they are substitutes. This brings climate policies naturally in the...
Persistent link: https://www.econbiz.de/10010927667
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Pension Funds and Capital Accumulation.
Belan, P.; Michel, P.; Wigniolle, B. - Center for Operations Research and Econometrics (CORE), … - 2001
This note presents a model in which pension funds, by holding a significant share of capital assets, can exert a non competitive behavior on labor market. This leads to lower wages and higher capital returns, and can reduce capital accumulation and long-run welfare.
Persistent link: https://www.econbiz.de/10005779423
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Temporary bubbles in an economy with under-accumulation
MICHEL, Philippe; WIGNIOLLE, Bertrand - Center for Operations Research and Econometrics (CORE), … - 2000
This paper studies the equilibrium dynamics of an overlapping generations model with capital, money and cash-in-advance constraints. At each date the economy can experience two different regimes. In the first one the cash-inadvance constraint is binding and money is a dominated asset. In the...
Persistent link: https://www.econbiz.de/10005008155
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Climate coalitions: a theoretical and computational appraisal
BRECHET, Thierry; GERARD, François; TULKENS, Henry - Center for Operations Research and Econometrics (CORE), … - 2007
Using an updated version of the CWS model (introduced by Eyckmans and Tulkens in Resource and Energy Economics 2003), this paper intends to evaluate with numbers the respective merits of two competing notions of coalition stability in the standard global public goods model as customarily applied...
Persistent link: https://www.econbiz.de/10005008179
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Pareto improving social security reform with endogenous growth
BELAN, Pascal; MICHEL, Philippe; PESTIEAU, Pierre - Center for Operations Research and Econometrics (CORE), … - 1996
It is generally accepted that moving from an unfunded to a funded social security sys- tem implies a welfare loss for the transition generation, that is the generation that has to pay twice: first, saving for its own retirement and second, contributing to the pensions of the then retired...
Persistent link: https://www.econbiz.de/10005065389
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A theory of dynamics and inequalities under epidemics
BOUCEKKINE, Raouf; LAFFARGUE, Jean-Pierre - Center for Operations Research and Econometrics (CORE), … - 2007
not only penalized in front of death , they are also penalized in the access to education. Epidemics are modeled as one … mainly rely on orphans: if orphans are more penalized in the access to a high llevel of education than in front of death …
Persistent link: https://www.econbiz.de/10005065487
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Privatizing social security: a critical assessment
BELAN, Pascal; PESTIEAU, Pierre - Center for Operations Research and Econometrics (CORE), … - 1997
The purpose of this paper is to provide a critical evaluation of theoretical models showing that shifting from pay-as-you-go to funded social security schemes can be made Pareto-improving. Further, it argues that what often makes a reform toward funded schemes attractive is a number of...
Persistent link: https://www.econbiz.de/10005043092