Showing 1 - 10 of 34
We consider a model of social interactions in which agents are assumed to acquire information from others through a certain sampling process that generates an influence network. These networks comprise a wide array of options depending on the level of correlation assumed between agents' in and...
Persistent link: https://www.econbiz.de/10011209926
This paper studies the optimal level of public inputs under two different tax settings. With this aim, we adapt the approach by Gronberg and Liu (2001) to the case of productivity-enhancing public spending. We find that it is not analytically clear whether the first-best level of public spending...
Persistent link: https://www.econbiz.de/10005634773
This paper describes a new method for solving non-regular constrained optimization problems when standard methodologies do not work properly. Our method (the Rational Iterative Multisection Procedure, RIMP) consists of different stages that can be interpreted as different requirements of...
Persistent link: https://www.econbiz.de/10005634803
In a model where trade unions dominate the labor market, a relationship is derived between the rate of unemployment and the provision of a public input in the production. This relationship implies that for conventional rates of unemployment, the public input will be overprovided compared to the...
Persistent link: https://www.econbiz.de/10008496365
This paper describes a new method for solving non-standard constrained optimization problems for which standard methodologies do not work properly. Our method (the Rational Iterative Multisection -RIM- algorithm) consists of different stages that can be interpreted as different requirements of...
Persistent link: https://www.econbiz.de/10005169849
This paper studies the sensitivity of provision of public inputs to changes in the specification of technology and consumer preferences. We consider a simple model in which the government, with recourse to three different tax settings (a lump-sum tax, a tax on labour and a tax on economic...
Persistent link: https://www.econbiz.de/10008625825
We consider allocation problems with indivisible goods when agents' preferences are single-peaked. We propose natural rules (called up methods) to solve such a class of problems. We analyzed the properties those methods satisfy and we provide a characterization of them. We also prove that these...
Persistent link: https://www.econbiz.de/10005403992
This paper provides a discussion on the empirical findings surrounding the design of human development, inequality and poverty measures. We focus on the United Nations Development Program approach to those issues, in particular regarding the human development index and the multidimensional...
Persistent link: https://www.econbiz.de/10011086423
This paper is devoted to the discussion of the measurement of human development and poverty, especially in United Nations Development Program’s global Human Development Reports. We first outline the methodological evolution of different indices over the last two decades, focusing on the...
Persistent link: https://www.econbiz.de/10011086426
We explore the implications of four natural axioms in taxation: continuity (small changes in the data of a taxation problem should not lead to large changes in the tax allocation), equal treatment of equals (agents with the same pre-tax incomes pay equal taxes), consistency (the way in which a...
Persistent link: https://www.econbiz.de/10011211436