Similar Search Results

Externalities and fundamental nonconvexities : a reconciliation of approaches to general equilibrium externality modeling and implications for decentralization

Murty, Sushama - In: Journal of economic theory 145 (2010) 1, pp. 331-353

Persistent link: https://www.econbiz.de/10003946479

Information-constrained optima with retrading : an externality and its market-based solution

Kilenthong, Weerachart T.; Townsend, Robert M. - In: Journal of economic theory 146 (2011) 3, pp. 1042-1077

Persistent link: https://www.econbiz.de/10009261029

A theory of income taxation under multidimensional skill heterogeneity

Rothschild, Casey G.; Scheuer, Florian - 2015

We develop a unifying framework for optimal income taxation in multi-activity economies with general production technologies. Agents are characterized by an N-dimensional skill vector that captures intrinsic abilities in N activities. The private return to each activity depends on individual...

Persistent link: https://www.econbiz.de/10010473547

Vertical fiscal externalities and the environment

Böhringer, Christoph; Rivers, Nicholas; Yonezawa, Hidemichi - 2014

federation, we show that vertical fiscal externalities can be the major determinant of the welfare change following environmental … externalities - state governments can reduce greenhouse gas emissions by over 20 percent without any net cost to themselves. …

Persistent link: https://www.econbiz.de/10010434060