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A Guide to the Political Economy of Reforming Energy Subsidies

Commander, Simon - Institute for the Study of Labor (IZA) - 2012

Energy subsidies are used widely. Although adverse from an efficiency perspective, subsidies confer private benefits on … overcoming the barriers to reform. The starting point is to look at the motives lying behind the adoption of energy subsidies … then looks at the characteristics of countries that use energy subsidies. Countries with weak institutions – often non …

Persistent link: https://www.econbiz.de/10010884377

Measuring Richness and Poverty: A Micro Data Application to Europe and Germany

Peichl, Andreas; Schaefer, Thilo; Scheicher, Christoph - Institute for the Study of Labor (IZA) - 2008

In this paper, we define a new class of richness measures. In contrast to the often used headcount, these new measures are sensitive to changes in rich persons' income and therefore allow for a more sophisticated analysis of richness. We demonstrate the application of these new measures to...

Persistent link: https://www.econbiz.de/10005763539

Defensive Investments and the Demand for Air Quality: Evidence from the NOx Budget Program and Ozone Reductions

Deschenes, Olivier; Greenstone, Michael; Shapiro, Joseph S. - Institute for the Study of Labor (IZA) - 2013

Demand for air quality depends on health impacts and defensive investments that improve health, but little research assesses the empirical importance of defenses. We study an important cap-and-trade market, which dramatically reduced NOx emissions, a key ingredient in ozone formation. A rich...

Persistent link: https://www.econbiz.de/10011207670

Electricity Prices, River Temperatures and Cooling Water Scarcity

McDermott, Grant R.; Nilsen, Øivind Anti - Institute for the Study of Labor (IZA) - 2012

Thermal-based power stations rely on water for cooling purposes. These water sources may be subject to incidents of scarcity, environmental regulations and competing economic concerns. This paper analyses the effect of water scarcity and increased river temperatures on German electricity prices...

Persistent link: https://www.econbiz.de/10010757339

Should I Stay or Should I Go? Sibling Effects in Household Formation

Aparicio Fenoll, Ainhoa; Oppedisano, Veruska - Institute for the Study of Labor (IZA) - 2014

In Southern Europe youngsters leave the parental home significantly later than in Northern Europe and United States. Policies have been implemented in Southern Europe to incentivize young adults to leave parental home earlier. Do peer effects among siblings amplify the effects of these policies?...

Persistent link: https://www.econbiz.de/10011105076

The Relationship between Hours of Domestic Services and Female Earnings: Panel Register Data Evidence from a Reform

Halldén, Karin; Stenberg, Anders - Institute for the Study of Labor (IZA) - 2014

In 2007, a tax discount reform in Sweden reduced prices of outsourced domestic services (ODS) by 50 percent. Unlike most previous studies, population register data enable us to directly link a proxy for relaxed time constraints, annual changes in households' tax discounts, to changes in...

Persistent link: https://www.econbiz.de/10011095513

Social Insurance, Informality and Labor Markets: How to Protect Workers While Creating Good Jobs

Pagés, Carmen; Rigolini, Jamele; Robalino, David A. - Institute for the Study of Labor (IZA) - 2013

This paper provides an overview of the main findings of the book "Social Insurance and Labor Markets: How to Protect Workers While Creating New Jobs." The book conceptualizes and reviews the empirical evidence on the potential distortions that the social insurance system of a country can have on...

Persistent link: https://www.econbiz.de/10010734419

Heterogeneity and Government Revenues: Higher Taxes at the Top?

Guner, Nezih; Lopez-Daneri, Martin; Ventura, Gustavo - Institute for the Study of Labor (IZA) - 2014

We evaluate the effectiveness of a more progressive tax scheme in raising government revenues. We develop a life-cycle economy with heterogeneity and endogenous labor supply. Households face a progressive income tax schedule, mimicking the Federal Income tax, and flat-rate taxes that capture...

Persistent link: https://www.econbiz.de/10010812515

Rent Seeking and the Excess Burden of Taxation

Kahana, Nava; Klunover, Doron - Institute for the Study of Labor (IZA) - 2014

The social costs of rent seeking are generally evaluated with respect to rent dissipation. A common assumption is complete rent dissipation so that the value of a contested rent is the value of social loss. When rent seekers earn taxable income, there is interdependence between the social cost...

Persistent link: https://www.econbiz.de/10010764590

Long-Run Trends in the Distribution of Income and Wealth

Roine, Jesper; Waldenström, Daniel - Institute for the Study of Labor (IZA) - 2014

This paper reviews the long run developments in the distribution of personal income and wealth. It also discusses suggested explanations for the observed patterns. We try to answer questions such as: What do we know, and how do we know, about the distribution of income and wealth over time? Are...

Persistent link: https://www.econbiz.de/10010764612