welfare programmes, we use unique access to a very detailed micro-simulation model to generate accurate budget sets for each …In this Paper, we formulate and estimate a structural, static model of household labour supply and multiple welfare … work-welfare combination. Moreover, when determining the budget sets, we use extraordinary high-quality data on earnings …

dependence. In addition, the labour force status of the household head has different effects for native and immigrant welfare …

The literature has shown that the implied welfare gains from international financial integration are very small. We … revisit the existing findings and document that welfare gains can be substantial if capital goods are not perfect substitutes … welfare gains from financial integration are equivalent to a 9% increase in consumption for the median developing country, and …

inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare … increase welfare; however, it may also decrease welfare if education is insufficient to alter the equilibrium information and …

This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … difference, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of … the short run the impact of migration on average welfare in these countries is close to zero, while the skilled and …

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 …