microsimulation model that reproduces the system of taxes and transfers in 2002 Quebec, we measure the EMTRs that result from the …

comportement des agents économiques. À l'aide d'un modèle de microsimulation comptable reproduisant les systèmes d'impôts et de …

In this paper, we measure the welfare costs/gains associated with financial market incompleteness in a monetary union … rise to a lower volatility of national inflation rates, which proves welfare improving with respect to the situation of … complete financial markets. The corresponding welfare gains are equivalent to an average increase of 1.8% of permanent …

a higher education subsidy cut reduces welfare and increases poverty in Vietnam. While rural and agricultural households …

policy, the government can improve social welfare by limiting the degree of pass-through of oil prices. We find, however …, that the welfare gain from pursuing such a policy is negligible. …

We study the welfare effects of government-backed FDIs in Africa’s farmlands. We build an occupational choice model …

Existing estimates of the welfare cost of business cycles suggest that it is quite low and might well be minuscule …-sharing is imperfect, the welfare costs computed with aggregate consumption data are likely underestimates. Yet, incomplete … that the welfare cost of macroeconomic volatility is in fact very substantial. In one half of the U.S. states, the welfare …

large welfare costs of macroeconomic fluctuations in poor countries could be alleviated by a simple reallocation of aid …