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Addressing the COVID-19 pandemic: comparing alternative value frameworks

Ferranna, Maddalena; Sevilla, J. P.; Bloom, David E. - 2021

of benefit-cost analysis, utilitarianism, and prioritarianism in evaluating COVID-19-related policies. The relative … less aggressive control policies. Utilitarianism and prioritarianism, in that order, increasingly favor income … likely than utilitarianism or benefit-cost analysis to target young and socioeconomically disadvantaged individuals in the …

Persistent link: https://www.econbiz.de/10012486386

Market Structure, Technological Gap and Vertical Linkage Effects from Foreign Direct Investment

Kadochnikov, Sergey; Drapkin, Igor M. - 2021

This paper is based on the model of backward linkages from foreign direct investment (FDI) Lin/Saggi (2003), where the market structure of the final goods sector is represented by a monopoly or Cournot oligopoly, and the supplier sector - by a pure monopoly. We extend this model by examining...

Persistent link: https://www.econbiz.de/10013316575

Social spending generosity and income inequality: a dynamic panel approach

Niehues, Judith - 2010

This paper explores if more generous social spending polices in fact lead to less income inequality, or if redistributive outcomes are offset by behavioral disincentive effects. To account for the inherent endogeneity of social policies with regard to inequality levels, I apply the System GMM...

Persistent link: https://www.econbiz.de/10009007489

Deriving the new quantity equation : an approach for a closed and an open economy

Welfens, Paul J. J. - 2014

This theoretical contribution shows a simple way in which the quantity equation can be derived as a long-term equilibrium solution for the case of a closed economy and an open economy, respectively. It is shown first for the case of a closed economy which parameters stand behind "velocity" and...

Persistent link: https://www.econbiz.de/10010398774

The impact of redistributive policies on inequality in OECD countries

Doerrenberg, Philipp; Peichl, Andreas - 2012

Recent discussions about rising inequality in industrialized countries have triggered calls for more government intervention and redistribution. Due to obvious behavioral effects caused by redistribution, it is however not clear whether redistributional policies are indeed able to combat...

Persistent link: https://www.econbiz.de/10009536424

What are the Effects of Tax Changes in the United Kingdom? New Evidence from a Narrative Evaluation

Cloyne, James - 2011

This paper estimates the effects of tax changes on the U.K. economy. Identification is achieved by isolating the ‘exogenous' tax policy shocks in the post-war U.K. economy using a narrative strategy as in Romer and Romer (2010). The resulting tax changes are shown to be unforecastable on the...

Persistent link: https://www.econbiz.de/10013125690

Did Austerity Cause Brexit?

Fetzer, Thiemo - 2018

Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with broader measures of political dissatisfaction, are...

Persistent link: https://www.econbiz.de/10012910997

The Effects of Permanent Income Tax Cuts on Emigration from Israel

Blumkin, Tomer - 2016

In this paper we introduce an analytical framework for analyzing the effect of permanent income tax reductions on emigration and conduct an empirical analysis of their impact, based on the Israeli tax reductions during 2004-2010. We find that permanent tax reductions reduce the emigration flows...

Persistent link: https://www.econbiz.de/10012979591

Identifying the Effects of Place-Based Policies - Causal Evidence from Germany

Dettmann, Eva - 2016

The German government provides discretionary investment grants to structurally weak regions to reduce regional disparities. We use a regression discontinuity design that exploits an exogenous discrete jump in the probability of receiving investment grants, to identify the causal effects of the...

Persistent link: https://www.econbiz.de/10012988971

On the Optimal Design of Place-Based Policies : A Structural Evaluation of EU Regional Transfers

Blouri, Yashar - 2018

We quantify general equilibrium effects of place-based policies in a multi-region framework with mobility, trade and agglomeration economies. Using detailed data on EU transfers, we infer the local effects of different transfer types on productivity, income and transportation cost. Based on...

Persistent link: https://www.econbiz.de/10012930286