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We study the effect of franchise extension on the fiscal structure of central and local governments in the United Kingdom between 1820 and 1913 to revisit the Redistribution Hypothesis - the prediction that franchise extension causes an increase in state-sponsored redistribution. We adopt a...
Persistent link: https://www.econbiz.de/10012207879
We consider environmental regulation in a context where firms invest in abatement technology under conditions of uncertainty about subsequent abatement cost, but can subsequently adjust output in the light of true marginal abatement cost. Where an emission tax is the only available instrument,...
Persistent link: https://www.econbiz.de/10010291668
crisis, the costs and benefits of interest subsidies, and the suitability of an income-based repayment system for student …
Persistent link: https://www.econbiz.de/10011388251
correcting R&D market failures, can be useful complements to emissions pricing, but ambitious renewable targets or subsidies seem …
Persistent link: https://www.econbiz.de/10010352376
We study how healthcare subsidies and improved information affect over- and under-use of primary healthcare in a …. Using nine weeks of daily data, we show that the barrier to optimal care seeking is cost, not information: subsidies …
Persistent link: https://www.econbiz.de/10011555499
taken account of by parents. Optimal corrective subsidies are highly correlated with taxed paid by secondary earners. In a …-use subsidies” mitigates such distortions and can also counter excessive levels of subsidies for external child care. …
Persistent link: https://www.econbiz.de/10011615842
-contingent renewable subsidies outperforms both unconditional commitment and discretion. The choice between the practically more feasible …
Persistent link: https://www.econbiz.de/10011615910
The paper analyzes the problem of achieving a target path of emission reductions in the electricity sector, using a scheme of tradable green certificates (TGC). There are two types of generation, renewable and fossil. The latter causes the emissions. The paper also examines effects from emission...
Persistent link: https://www.econbiz.de/10012018212
market care subsidies vs. cash for care. Policies are determined by probabilistic voting, where allocative and distributional … likely to receive subsidies. In early stages of development where most households are traditional, implemented policies … favour them, though to a small extent. Net subsidies to traditional households are highest in some intermediate stage, which …
Persistent link: https://www.econbiz.de/10012052764
, and later a reduction. Optimal taxes and subsidies are derived both for the first-best case and for the case of a …
Persistent link: https://www.econbiz.de/10011872028