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Matching as a cure for underprovision of voluntary public good supply: Analysis and an example

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - 2011

Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good … interior matching equilibrium, however, emerges only under very special conditions. But we show in this note that corner …

Persistent link: https://www.econbiz.de/10010274970

Potentially harmful international cooperation on global public good provision

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - 2012

-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome undersupply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract … by analyzing incomplete matching agreements in the context of international climate protection. We analyse their effect …

Persistent link: https://www.econbiz.de/10010283595

Is monetary policy in the Eurozone less effective than in the US?

De Grauwe, Paul; Storti, Cláudia Costa - 2005

There is a wide consensus that the existence of structural rigidities in the Eurozone reduces the effectiveness of the ECB's monetary policies. In order to test this ?ECB-handicap? hypothesis, we perform a meta-analysis of the effects of monetary policies in the US and the Eurozone countries....

Persistent link: https://www.econbiz.de/10010276746

The effects of monetary policy : a meta-analysis

De Grauwe, Paul; Costa Storti, Cláudia - 2004

In this paper we perform a meta-analysis of the effects of monetary policies on output and prices. We use a sample of published papers on the effects of monetary policies in different countries. There is a large variation in the estimated effects of monetary policies on output and prices. We...

Persistent link: https://www.econbiz.de/10010261220

Pareto Improvement through Unilateral Matching of Public Good Contributions: The Role of Commitment

Buchholz, Wolfgang; Cornes, Richard; Peters, Wolfgang; … - 2014

When providing public goods through voluntary contributions, a donor may introduce unilateral matching in order to … reduce underprovision of the public good and thus inefficiency. By itself, however, matching benefits the donor but harms the …

Persistent link: https://www.econbiz.de/10010398655

Nursing Homes and Mortality in Europe : Uncertain Causality

Flawinne, Xavier; Lefebvre, Mathieu; Perelman, Sergio; … - 2022

matching methods, we observe excess mortality in Belgium, France, Germany Luxembourg, Switzerland, Estonia and Czech Republic …

Persistent link: https://www.econbiz.de/10013300873

Estate taxation with both accidental and planned bequests

Pestieau, Pierre; Sato, Motohiro - 2006

Actual inheritances are an hybrid of canonical types of bequests and in particular of accidental bequests and altruistic bequests. In this paper, bequeathed estate consists of two components: an amount intended by altruistic parents and an amount which results from the premature death of...

Persistent link: https://www.econbiz.de/10010263979

Equal sacrifice and fair burden sharing in a public goods economy

Buchholz, Wolfgang; Peters, Wolfgang - 2007

Applying a willingness to pay approach known from contingent valuation in environmental economics, we develop an ordinally based measure for the size of individual sacrifice that is connected with an agent's contribution to a public good. We construct a selection mechanism that picks the unique...

Persistent link: https://www.econbiz.de/10010264129

Income taxation of couples and the tax unit choice

Cremer, Helmuth; Lozachmeur, Jean-Marie; Pestieau, Pierre - 2007

This paper studies the optimal non linear income tax of couples. We build a general unitary model of labor supply and allow multidimensional heterogeneity in a discrete type framework. We concentrate our analysis on the resulting intra-family labor allocation of labor supplies and show that this...

Persistent link: https://www.econbiz.de/10010264135

Exchange rates dynamics in a target zone: a heterogeneous expectations approach

Bauer, Christian; De Grauwe, Paul; Reitz, Stefan - 2007

The target zone model of Krugman (1991) has failed empirically. In this paper, we develop a model of the exchange rate with heterogeneous agents in a free floating and a target zone regime. We show that this simple model mimics the empirical puzzles of exchange rates: excessive volatility, fat...

Persistent link: https://www.econbiz.de/10010264194