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Does the Wage Tax System cause Budget Deficits?

Riedl, Arno; Winden, Frans A.A.M. van - Tinbergen Institute - 2000

In this paper we investigate experimentally the functioning of a wage tax financed unemployment benefit system on the development of the budget deficit, unemployment, and some other indicators of economic performance in an international economy. We find support for the hypothesis that...

Persistent link: https://www.econbiz.de/10005450715

Input versus Output Taxation in an Experimental International Economy

Riedl, Arno; Winden, Frans van - Tinbergen Institute - 2003

This paper is concerned with a policy oriented macroeconomic experiment involving an 'international' economy with a …

Persistent link: https://www.econbiz.de/10005144436

Negative Reciprocity and the Interaction of Emotions and Fairness Norms

Reuben, Ernesto; Winden, Frans van - Tinbergen Institute - 2005

This experimental study investigates how behavior changes after punishment for an unkind action. It also studies how fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role experiences. A repeated version of the power-to-take...

Persistent link: https://www.econbiz.de/10005136864

The Effect of Fiscal Rules on Public Investment if Budget Deficits are Politically Motivated

Dur, Robert A.J.; Peletier, Ben D.; Swank, Otto H. - Tinbergen Institute - 1997

Uncertainty about the future preferences of the government may induce policy makers to run excessive budget deficits. As a solution to this problem, economists have proposed to impose a binding debt rule. In this paper we argue that a binding debt rule does not eliminate the distortions due to...

Persistent link: https://www.econbiz.de/10005137082

Efficient Allocation of Land between Productive Use and Recreational Use - An Application to Galician Case

Giménez, Eduardo L.; González-Gómez, Manuel - Tinbergen Institute - 2001

In this paper the efficient allocation of natural recreational areas is analysed. Natural recreational areas have the features of public goods. We present the efficient allocation of this non-excludable public good in a rational general equilibrium model with heterogeneous agents. This allows us...

Persistent link: https://www.econbiz.de/10005137358

Environmental Damage and Price Taking Behaviour by Firms and Consumers

Houba, Harold; Kremers, Hans - Tinbergen Institute - 2009

Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, profit and...

Persistent link: https://www.econbiz.de/10005209528

Quantity Constrained Equilibria

Herings, P. Jean-Jacques; Laan, Gerard van der; Talman, Dolf - Tinbergen Institute - 2001

In a standard general equilibrium model it is assumed that there are no price restictions and that prices adjust infinitely fast to their equilibrium values. In this paper the set of admissible prices is allowed to be an arbitrary convex set. For such an arbitrary set it cannot be guaranteed...

Persistent link: https://www.econbiz.de/10005144447

Nonrenewable Resources, Strategic Behavior and the Hotelling Rule: An Experiment

Veldhuizen, Roel van; Sonnemans, Joep - Tinbergen Institute - 2011

This study uses the methods of experimental economics to investigate possible causes for the failure of the Hotelling rule for nonrenewable resources. We argue that as long as resource stocks are high enough, producers may choose to (partially) ignore the dynamic component of their production...

Persistent link: https://www.econbiz.de/10008838549

How Universal is Behavior?

Brandts, Jordi; Saijo, Tatsuyoshi; Schram, Arthur - Tinbergen Institute - 2002

This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...

Persistent link: https://www.econbiz.de/10005137040

Rich meets Poor - An International Fairness Experiment

Cappelen, Alexander W.; Moene, Karl Ove; Sørensen, Erik Ø. - Tinbergen Institute - 2008

conducted a real effort fairness experiment where people in two of the world's richest countries, Norway and Germany, interacted … directly with people in Uganda and Tanzania, two of the world's poorest countries. In this experiment, the participants were …. First, entitlement considerations are crucial in explaining the distributive behavior of rich people in the experiment …

Persistent link: https://www.econbiz.de/10005137059