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taxation. We provide some examples of the wide range of actual responses by local councils faced with similar population …
Persistent link: https://www.econbiz.de/10005556963
Americans drive 2,360,000,000,000 miles each year, far outstripping other nations. Every time a driver takes to the road, and with each mile she drives, she exposes herself and others to the risk of accident. Insurance premiums are only weakly linked to mileage, however and have largely lump-sum...
Persistent link: https://www.econbiz.de/10005561012
If, in international agreements, governments “link'' trade to environmental policy (or other issues with non-pecuniary externalities), will this promote more cooperation in both policies or will cooperation in one policy be strengthened at the expense of the other? We analyze this question in...
Persistent link: https://www.econbiz.de/10005124914
Target is a real time gross settlement (RTGS) large value payment network operated by European central banks that eliminates systemic risk. Euro1 is a privately operated delayed net settlement (DNS) network that reduces substantially systemic risk but does not eliminate it. This difference makes...
Persistent link: https://www.econbiz.de/10005125885
We examine the strategy-proof provision of excludable public goods when agents care not only about the level of provision of a public good, but also the number of consumers. We show that on such domains strategy- proof and efficient social choice functions satisfying an outsider independence...
Persistent link: https://www.econbiz.de/10005135135
"inter term tax variability" (political budget cycles) during the tenure of a politician. The effect of inequality on the …
Persistent link: https://www.econbiz.de/10005407535
income process, that of Heaton and Lucas (1996), debt constraints alone can explain none of the observed inequality. The …
Persistent link: https://www.econbiz.de/10005412632
Using an urban land use model in which jobs and residences are spatially dispersed and mixed, we treat the general equilibrium of land, labor and product markets and the trade-off between labor supply, commuting and discretionary travel. We show that the decentralization of population and of...
Persistent link: https://www.econbiz.de/10005062510
, individual rational, and budget balancing and show that efficient mechanisms under reasonable assumptions will satisfy these …
Persistent link: https://www.econbiz.de/10005118594
1999 to 2003.The total issues declined from LE 55.6 billion in 1999 or 17% of GDP and 146.7% of gross saving to LE 18 ….5 billion in 2003 and or 4.6% of GDP and 31.5% of gross saving .The total value of trading also dropped down from LE 42 ….1 billion or 12.9% of GDP and 111% of gross saving to LE33.7 billion or 8.3% of GDP and 57.2% of gross saving during the period …
Persistent link: https://www.econbiz.de/10005561577