strong or too weak depends on the size of the brain gain e¤ect. Furthermore, the size of the welfare gain to be reaped by …

In this paper, a model of political consensus is introduced. Parties try to reach consensus in forming a government. A … government is defined as a pair consisting of a winning coalition and a policy supported by this coalition, where a policy …. Parties may be advised to adjust their preferences, i.e., to change their evaluation concerning some government(s) or/and the …

the complementarity between the three components of longevity on welfare and economic stability. At the steady state, we … show that an appropriate fiscal policy may enhance welfare. However, when pollution is heavily harmful for longevity, the … design of the public policy that may comply with the dynamic and welfare objectives. …

This paper examines the effects of tourism on labor employment, capital accumulation and resident welfare for a small … capital intensive, the fall in capital would not be so severe and the expansion of tourism improves welfare. However, when the … traded sector is strongly capital intensive, the fall in capital can be a dominant factor to lower welfare. This immiserizing …

toughening of the antitrust policy is likely to result in more agglomeration and may reduce world welfare. The antitrust policy … is more likely to be welfare improving when market integration progresses. …

This paper uses a representative sample of individuals on France's main welfare program (the Revenu Minimum d …'Insertion, or RMI) to estimate monetary incentives for employment among welfare recipients. Based on the estimated joint …

Most welfare programs generate high marginal tax rates on labor income. This paper uses a representative sample of … individuals on France's main welfare program (the Revenu Minimum d'Insertion, or RMI) to estimate monetary gains to employment for … welfare recipients. This is based on the distribution of potential monthly earnings faced by each individual, as inferred from …