demand by reducing negative externalities. We apply the framework to the database of Kee et al. (2009) and derive ad valorem …

reduce lobbying. However empirical evidence suggests that this is not always the case. This paper attempts to explain the … measure lobbying in two ways: (i) the number of lobbies formed under the two settings and, (ii) their impact on policy … offset their influence on policy; however it is possible that the threat of lobbying may affect policy even when no lobby …

A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with …

We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …

In this paper, we study regulation of externalities involving many small-scale polluters, where the damages from …

externalities via the interest rate. Conditional on differences in the processes determining household earnings for distinct groups … in the population, these savings externalities may contribute to inequality. Working with an open economy heterogenous … earnings processes of British households with university and non-university educated heads entail savings externalities that …