Showing 1 - 10 of 457
This paper investigates the consequences of a locust plague that occurred in Mali in 2004. We argue that in agricultural economies with a single harvest per year, this type of shock can affect households through two channels: first, a speculative/anticipatory effect that kicks in during the...
Persistent link: https://www.econbiz.de/10012599217
This paper investigates the consequences of a locust plague that occurred in Mali in 2004. We argue that in agricultural economies with a single harvest per year, this type of shock can affect households through two channels: first, a speculative/anticipatory effect that kicks in during the...
Persistent link: https://www.econbiz.de/10013224072
if it maximises some form of household welfare function possessing the Pareto property. To refute that hypothesis it is …
Persistent link: https://www.econbiz.de/10010264378
the effect of these price increases on household welfare. We account for negative consumption impacts as well as the …. We show that the net impact on welfare is negative as well as regressive, i.e., U.S. biofuels policy affects the poorest …
Persistent link: https://www.econbiz.de/10010283922
poor households, are exempted. We provide an optimal tax framework to reflect on the welfare effects of such a tariff … consistent individual welfare measure that depends on both types of goods, is used. To determine optimal tax rates, individual … welfare levels are aggregated by social welfare functions with different degrees of inequality aversion. We apply this …
Persistent link: https://www.econbiz.de/10014290291
We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro …
Persistent link: https://www.econbiz.de/10013266610
In 2011, Thailand experienced its worst flood ever. Using repeated waves of the Thai Household Survey, we analyse the flood's economic impacts. In 2012, households answered a set of questions on the extent of flooding they experienced. We use this self-identified flood exposure, and external...
Persistent link: https://www.econbiz.de/10012866402
Within a general equilibrium model, this paper identifies a novel animal welfare externality that occurs if the private … determining the efficient allocation. The animal welfare externality causes an inefficiently high quantity and an inefficiently …
Persistent link: https://www.econbiz.de/10014264451
In this paper we consider an empirical collective household model of time allocation for two-earner households. The novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and the externally purchased goods are assumed to be...
Persistent link: https://www.econbiz.de/10010276978
We provide survey evidence on how households’ inflation expectations matter for their spending highlighting a behavioral distortion compared to the New Keynesian setup. A large share of households expects prices to remain stable instead of increasing. Such a belief is linked to individual...
Persistent link: https://www.econbiz.de/10013232417