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van der Ploeg, Rick - 2013

Are natural resources a “curse” or a “blessing”? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a...

Persistent link: https://www.econbiz.de/10013094532

Competition for Natural Resources and the Hold-Up Problem

Hefeker, Carsten - 2016

We study the role of competition for the hold-up problem in foreign direct investment in resource-based industries. The host country government is not only unable to commit not to expropriate investment ex post, but is also unable to commit to the provision of local resources. In the case of...

Persistent link: https://www.econbiz.de/10012979104

Outsourcing of Unionized Firms and the Impacts of Labour Market Policy Reforms

Koskela, Erkki - 2008

the share of the outsourced workforce is not too large, this wage moderation effect on domestic employment outweighs the … direct substitution effect so that domestic employment increases in unionized firms as outsourcing costs fall. This does not … for employment. However, except for low outsourcing activities, the impact of these policy measures will become smaller as …

Persistent link: https://www.econbiz.de/10012770785

Optimal Participation Taxes

Christiansen, Vidar - 2021

Addressing extensive labour supply responses, the literature has established a case for larger transfers to the working poor than to even poorer non-working people. This paper casts new light on this result. I argue that the result hinges crucially on the labour supply responses of people in...

Persistent link: https://www.econbiz.de/10013315855

Sustainable Climate Treaties

Gersbach, Hans - 2017

We examine long-run treaties for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in this...

Persistent link: https://www.econbiz.de/10012958888

Combining Rights and Welfarism : A New Approach to Intertemporal Evaluation of Social Alternatives

Van Long, Ngo - 2013

We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...

Persistent link: https://www.econbiz.de/10013091469

A Market Mechanism for Sustainable and Efficient Resource Use Under Uncertainty

Quaas, Martin F. - 2017

Sustainability and efficiency are potentially conflicting social objectives in natural resource management. We propose a market mechanism to allocate use rights over a stochastic resource to private managers. The mechanism endogenously determines the maximal tenure length guaranteeing that the...

Persistent link: https://www.econbiz.de/10012951836

Aging, Social Security Design, and Capital Accumulation

Dedry, Antoine - 2015

This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with potentially endogenous retirement decisions, the paper shows that the type of aging, i.e. declining...

Persistent link: https://www.econbiz.de/10013009863

Stable and Sustainable Global Tax Coordination with Leviathan Governments

Eichner, Thomas - 2014

Itaya et al. (2014) study the conditions for sustainability and stability of capital tax coordination in a repeated game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never stable and sustainable. The purpose of this note is to prove...

Persistent link: https://www.econbiz.de/10013048825

Aging, Social Security Design, and Capital Accumulation

Dedry, Antoine - 2016

This paper analyzes the impact of demographic aging on capital accumulation and welfare in economies with unfunded pensions. Using a two-period overlapping generation model with potentially endogenous retirement decisions, it shows that both the type of aging, i.e. declining fertility or...

Persistent link: https://www.econbiz.de/10012986115

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