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Recycling waste from used goods can substitute for scarce raw materials and reduce resource dependence. This paper … presents a model of waste collection, recycling and final goods production using raw and recycled materials. Non-recycled waste … recycling firms to compensate for the savings in disposal costs. We study trade between resource poor economies exporting final …
Persistent link: https://www.econbiz.de/10014346450
Circular Economy literature recommends longer lasting products, in order to reduce pollution from extraction, production, and disposal. Our economic analysis finds conditions where consumers choose lives that are too short – a “durability gap”. Then policies targeting durability raise...
Persistent link: https://www.econbiz.de/10013219077
cycle. Decreasing discounting helps a canonical life-cycle model to explain the household saving puzzles of undersaving when …
Persistent link: https://www.econbiz.de/10013239561
welfare maximizing tax structure. We calibrate the model to German household data and a 30 percent emission reduction goal … revenue via household-specific transfers is the first-best policy. Equal per-capita transfers do not suffer from informational …
Persistent link: https://www.econbiz.de/10013239565
asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
Persistent link: https://www.econbiz.de/10013293277
Over the previous two decades, many OECD countries have lowered the degree of progressivity in their tax structures. In this paper, I investigate labour tax progression in a world characterised by a segmented labour market where the higher-paying jobs are rationed due to (i) oligopolistic market...
Persistent link: https://www.econbiz.de/10010280969
a conditional cash transfer program (CCT) to low-income families with dependent children on household members' labor …
Persistent link: https://www.econbiz.de/10012834995
, desired working hours, and household debt, but have only small effects on expected spending. We provide correlational and … household exposure to stock market crashes for expectation formation …
Persistent link: https://www.econbiz.de/10012835653
across states shows that the rise in top income shares can explain almost all of the accumulation of household debt held as a … financial asset by the household sector. Since the Great Recession, the saving glut of the rich has been financing government …
Persistent link: https://www.econbiz.de/10012837475
. Information treatments about current and next year's interest rates have a strong effect on household expectations but treatments …
Persistent link: https://www.econbiz.de/10012840692