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Apart from the UK where it has been widely discussed in the 2011 Electricity Market Reform, energy experts communities are still unaware of the impacts that carbon policies directly focused on the development of low carbon technologies produce on the electricity market regime. Public...
Persistent link: https://www.econbiz.de/10010738799
Many economists have long held that market failures create a gap between social and private returns to Research and Development (R&D), thereby limiting private incentives to invest in R&D. However, this common belief that firms significantly underinvest in R&D is increasingly being challenged,...
Persistent link: https://www.econbiz.de/10010821202
examine private transfers. They show much less contrast between urban and rural areas but a sharp contrast between males and … females. Adult males increase the amount of transfers they send after positive shocks and receive more transfers after … negative shocks, wherever they reside, pointing towards the use of transfers as insurance. Females send and receive on average …
Persistent link: https://www.econbiz.de/10009643222
investment. In return, it is compensated by monetary transfers for this effort. We show that the level of fixed cost must be …
Persistent link: https://www.econbiz.de/10010750373
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 distribution of wages and hours potentially offered to each...
Persistent link: https://www.econbiz.de/10010750496
types of agreement : an agreement on a uniform standard with transfers and an agreement on differentiated standards without … transfers. To achieve this goal, we use a multi-stage game where the private sector anticipates its irreversible investment … transfers is not optimal, because it takes away the incentive of all firms to invest in a new abatement technology. …
Persistent link: https://www.econbiz.de/10010750555
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...
Persistent link: https://www.econbiz.de/10010750812
total welfare criteria, we notice first that differentiated standards with transfers are generally better than uniform … standards with transfers. Secondly, differentiated standards without transfers always outperform uniform standards without … transfers. Last, the numerical results show that the asymmetry on abatement benefits between the countries makes the uniform …
Persistent link: https://www.econbiz.de/10010750872
This paper analyses intergovernmental transfers in France and Italy to assess how soft budget spending behaviors may …
Persistent link: https://www.econbiz.de/10010735041
the policy is not geographically differentiated. In the case where the government however grants larger subsidies to the …
Persistent link: https://www.econbiz.de/10008789114