Showing 1 - 10 of 21
We propose a method to compute an equilibrium solution for the monocentric city model with traffic congestion, and to quantify the impact of cordon tolls on social surplus. The focus of this paper is on the comparison of road pricing of one and two cordons, with the no toll and first-best...
Persistent link: https://www.econbiz.de/10010662689
Curbing greenhouse gases emissions from transport in cities is a major challenge for climate policies. The pioneering works of Newman and Kenworthy suggest that many of these emissions could be avoidable, since they result from city densities and the share of road traffic in urban transport....
Persistent link: https://www.econbiz.de/10010662691
This paper explains how road pricing and toll charge theory appeared and evolved on the basis of contributions from the French engineer-economist school, from Dupuit to Allais, and of Anglo-Saxon theories inspired by Pigou and Vickery on decongestion tolls and network tools.
Persistent link: https://www.econbiz.de/10008520583
We derive a general optimal income tax formula when individuals respond along both the intensive and extensive margins and when income effects can prevail. Individuals are heterogeneous across two dimensions: their skill and their disutility of participation. Preferences over consumption and...
Persistent link: https://www.econbiz.de/10008673437
Individuals with heterogeneous incomes occupy a territory divided into zones with unequal levels of amenities. Using the concept of land rent à la Ricardo, we propose a model determining the land rent in the different zones as well as the distribution of individuals across them. A land tax...
Persistent link: https://www.econbiz.de/10011075060
We build a model of trade and location with two countries which differ with respect to their level of productivity. Public spending has two possible allocations: a direct subsidy to immobile households or a wage subsidy to mobile firms. We show that firms receive a lower net tax subsidy in the...
Persistent link: https://www.econbiz.de/10009493521
We develop a methodology to sign output distortions in the random participation framework. We apply our method to monopoly nonlinear pricing problem, to the regulatory monopoly problem and mainly to the optimal income tax problem. In the latter framework, individuals are heterogeneous across two...
Persistent link: https://www.econbiz.de/10010533745
The current unemployment insurance and employment protection legislation were set up in an economic environment in which relationships between workers and firms were typically lon-lastingand stable. The increasing globalisation of the economy and the rapid technological and organisational...
Persistent link: https://www.econbiz.de/10008505479
The effects of three reforms of the Belgian old-age pension system were examined on retirement behaviour, government budget and income distribution of the old-age retired. On the basis of a large administrative micro-dataset used to estimate and simulate a discrete-time hazard model we found...
Persistent link: https://www.econbiz.de/10004984738
The paper considers a model of a federation with two heterogeneous regions that try to attract the capital by competing in capital income taxes and public investment that enhance the productivity of capital. The regions’ choices determine the allocation of capital across the regions and their...
Persistent link: https://www.econbiz.de/10004984771