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) between developing countries in welfare terms by taking into account scale economies in transport. First, how is the standard … welfare analysis of an RTA affected by the endogeneity of transport costs (i.e. by the joint determination of trade quantities … and transport costs)? Second, what are the long-run consequences of endogenous transport costs for welfare if worldwide …
Persistent link: https://www.econbiz.de/10008805091
This paper aims to shed light on the role of the "ideology" of political parties in shaping the evolution of the … welfare state in 18 developed democracies, by providing empirical findings on the determinants of social programs entitlements …, strong structural change has a negative influence on welfare entitlements measured by net replacement rates of sickness …
Persistent link: https://www.econbiz.de/10010929095
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order infuence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze the...
Persistent link: https://www.econbiz.de/10010739019
The topic of corporate governance has become increasingly prominent in recent years in many different academic areas in recent years. In this article we address various approaches to corporate governance, with a particular emphasis on the historical role of the State. It seems that certain...
Persistent link: https://www.econbiz.de/10008792068
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. …
Persistent link: https://www.econbiz.de/10010933855
This paper addresses the two-way implication between punctuality level of public transport and commuter behavior. We consider a modal competition between public transport and an alternative mode. Commuters may choose different strategies to minimize their journey cost. In particular, when the...
Persistent link: https://www.econbiz.de/10010930068
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 …
Persistent link: https://www.econbiz.de/10010930192
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. …
Persistent link: https://www.econbiz.de/10009211249
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 …
Persistent link: https://www.econbiz.de/10010750496
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 …
Persistent link: https://www.econbiz.de/10010750812