Showing 1 - 10 of 97
on efficiency and fairness, including deep respect for human rights, holds the key to Europe’s economic and social … domestic product or gross national income per capita to reflect also social factors (such as hours of work and equality of …
Persistent link: https://www.econbiz.de/10011522525
Discounted utilitarianism treats generations unequally and leads to seemingly unappealing consequences in some models of economic growth. Instead, this paper presents and applies sustainable discounted utilitarianism (SDU). SDU respects the interests of future generations and resolves...
Persistent link: https://www.econbiz.de/10010264536
We evaluate the impact of government spending efficiency on fiscal sustainability for a panel of 35 OECD countries … the input efficiency scores obtained, countries’ fiscal balance and fiscal sustainability is directly improved by the use … revenues to changes in government spending. Next, we make use of so-called government spending efficiency scores, which …
Persistent link: https://www.econbiz.de/10013289691
We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area … without. Our analysis finds that restructuring led to: (1) a two percent improvement in fuel efficiency for IOs, (2) a ten …
Persistent link: https://www.econbiz.de/10010292700
This paper provides a new comparative analysis of pooled least squares and fixed effects estimators of the slope coefficients in the case of panel data models when the time dimension (T) is fixed while the cross section dimension (N) is allowed to increase without bounds. The individual effects...
Persistent link: https://www.econbiz.de/10011307081
This paper characterizes efficient labor-market allocations in a labor selection model. The model’s crucial aspect is cross-sectional heterogeneity for new job contacts, which leads to an endogenous selection threshold for new hires. With cross-sectional dispersion calibrated to microeconomic...
Persistent link: https://www.econbiz.de/10011307140
determination of an optimal rights structure results. It is further shown that an efficiency analysis based on a ‘naive’ cost …
Persistent link: https://www.econbiz.de/10011388168
We consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, externalities from the partner's commodity consumption and unpriced actions are allowed. Each individual has two types of traits: observable...
Persistent link: https://www.econbiz.de/10010323019
Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We … conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors …
Persistent link: https://www.econbiz.de/10011555527
in turn inuences its economic efficiency. The environment we explore is one in which a country’s lower classes may revolt … economic efficiency. Trade integration alters the relative value of the elite’s wealth. This alters the lower classes … determines whether trade integration increases or reduces economic efficiency. The econometric findings support the model’s main …
Persistent link: https://www.econbiz.de/10011615926