small open economy with production and consumption generated pollution, considers the welfare implications of tax reforms … binding government revenue constraint, we derive sufficient conditions for welfare improvement in the case where we implement …

The impact of a stronger work requirement for welfare recipients in a workfare program is studied in an efficiency wage …. Utility levels of employed workers and welfare recipients may increase even if the net wage declines. The utility differential …

laws should be amended. We offer a welfare comparison of the three main current policies towards consumer privacy … pricing strategy and entry decision differently. The free-entry analysis reveals that social welfare is non-monotonic in the …

In this paper, we quantitatively assess the welfare implications of alternative public education spending rules. To …

education sector for human capital formation and economic welfare. Agents privately invest in education after they have received …

An important issue in public policy debates is the effect of international migration on welfare in source and host … analysis examines the effects of permanent migration on class, and national welfare. We show, among other things, that marginal …

opportunism and collective values. Shadow markets may, however, enhance consumer welfare by limiting the pricing power of firms …

This paper investigates the welfare consequences of immigration policies in a model with two types of labour, skilled … immigration cost and causes immigration of one type of labour – on the welfare of natives when the other type of labour and … contributor skilled labour decreases the welfare of natives. …