accession. We also estimate a welfare gain of removing this TPU for U.S. consumers and find it is of similar magnitude to the U …

important topic of welfare, the cultural market is the single one where it is arguable that the progress of English has gone too …

chip market using transaction level data. The implications of an advertising ban for consumer welfare depend on the view … be a characteristic valued by consumers, or it may act to distort decision-making. We quantify the welfare impacts of an … advertising ban under alternative views of advertising, and show that welfare conclusions depend on which view of advertising the …

-offs. The analytical expressions we derive for social welfare deliver a transparent understanding of how preferences, technology …

. Accordingly, it provides a convenient benchmark for the evaluation of the welfare effectiveness of other well known tariff reform … sources of the potential welfare gains from tariff reform, use it to establish conditions under which some existing reforms … are locally optimal, provide geometric illustrations and compare welfare effectiveness of reforms using numerical examples …

. The consequences of demographic developments for social welfare, broadly defined, are felt over a very long term. Issues … discussed include the contribution of increases in life expectancy to social welfare; the potential effects of population growth …

as supporting evidence for the models’ assumptions. We also discuss the welfare implications of non-coordinated free …

We show that the standard concertina result for tariff reforms -- i.e. lowering the highest tariff increases welfare … tariff is lowered is not capital intensive. If the concertina reform lowers welfare it lowers market access as well, thereby …