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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - 2013
This paper examines the measurement of social welfare, poverty and inequality taking into account reference … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on … equivalent income. These differences are illustrated using household-level panel data from Russia and Vietnam. …
Persistent link: https://www.econbiz.de/10010291490
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Measuring Unfair Inequality: Reconciling Equality of Opportunity and Freedom from Poverty
Hufe, Paul; Kanbur, Ravi; Peichl, Andreas - 2018
fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty …
Persistent link: https://www.econbiz.de/10011887379
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The application of the capability approach to high-income OECD countries: A preliminary survey
Volkert, Jürgen; Schneider, Friedrich G. - 2011
-being in affluent countries. It focuses on CA applications related to general well-being, inequalities, poverty and human …
Persistent link: https://www.econbiz.de/10010276728
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FDI Inflows and Domestic Firms: Adjustments to New Export Opportunities
McCaig, Brian; Pavcnik, Nina; Wong, Woan Foong - 2022
domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from … Vietnam. Tariff reductions led to entry of foreign and private firms and to employment expansion in formal manufacturing, with …
Persistent link: https://www.econbiz.de/10014290078
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Globalization and State Capitalism: Assessing Vietnam's Accession to the WTO
Baccini, Leonardo; Impullitti, Giammario; Malesky, Edmund J. - 2017
What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...
Persistent link: https://www.econbiz.de/10011744924
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The Impact of Uncertainty on the European Energy Market: A Scenario Aggregation Approach
Brekke, Kjell Arne; Golombek, Rolf; Kaut, Michal; … - 2013
We present a simple approach to transform a deterministic numerical model, where several agents simultaneously make decisions, into a stochastic model. This approach, which builds on scenario aggregation, a numerical method developed to solve decision problems under uncertainty, is used to build...
Persistent link: https://www.econbiz.de/10010328792
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The Strategic Value of Carbon Tariffs
Böhringer, Christoph; Carbone, Jared C.; Rutherford, … - 2013
Unilateral carbon policies are inefficient due to the fact that they generally involve emission reductions in countries with high marginal abatement costs and because they are subject to carbon leakage. In this paper, we ask whether the use of carbon tariffs - tariffs on the carbon embodied in...
Persistent link: https://www.econbiz.de/10010328814
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Carbon Tariffs Revisited
Böhringer, Christoph; Müller, André; Schneider, Jan - 2014
Concerns about adverse impacts on domestic energy-intensive and trade-exposed (EITE) industries are at the fore of the political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without emission pricing appeal as a measure to reduce carbon...
Persistent link: https://www.econbiz.de/10010352445
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Public Finance in a Nutshell: A Cobb-Douglas Teaching Tool for General Equilibrium Tax Incidence and Excess Burden
Fullerton, Don; Ta, Chi L. - 2016
To help first- or second-year graduate students in economics apply their theoretical training, this paper shows how to solve a simple and intuitive computable general equilibrium (CGE) model using a calculator. Because this simplified Harberger model uses Cobb Douglas functional forms for...
Persistent link: https://www.econbiz.de/10011584964
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The Energy Efficiency Rebound Effect in General Equilibrium
Böhringer, Christoph; Rivers, Nicholas - 2018
We develop a stylized general equilibrium model to decompose the rebound effect of energy efficiency improvements into its partial and general equilibrium components. In our theoretical analysis, we identify key drivers of the general equilibrium rebound effect, including a composition channel,...
Persistent link: https://www.econbiz.de/10011887376