revenue finances the provision of a public good, marginal migration reduces social welfare in the source country and raises it … migration has an ambiguous impact on social welfare in either country. When tariff revenue in either country is either equally … effect on social welfare in the host country, and is expected to reduce social welfare in the source. …

An important issue in public policy debates is the effect of international migration on welfare in source and host … produces many traded and non-traded goods, uses income taxes and distributes the tax receipts equally to all individuals. The … analysis examines the effects of permanent migration on class, and national welfare. We show, among other things, that marginal …

This paper examines the welfare implications of preferential trade agreements (PTAs) from the perspective of small … tariffs in these two cases considering three different equilibria: Free Trade (FT), Free Trade Area (FTA), and Customs Union …

reduces the potency of a country’s optimal tariffs and therefore its incentive for unilaterally opting out of trade …

greatly reduces bias in the most influential and precise estimates: conservatively accounting for capital taxes paid by the …

generation and can thus be used as a commitment device for low taxes. …

could overcome this by allowing member states to institute graduate taxes or income-contingent loans, collected also from … Leviathan governments, graduate taxes or income-contingent loans could be based on voluntary contracts. Education would then be …

We study how measures of socioeconomic health inequality inform about welfare inequality. We argue that transfers of … either income or health from a better off to a worse off individual should reduce welfare inequality. Lacking an objective … measure of individual welfare, we suggest that such a transfer should reduce at least one measure of inequality: inequality in …

Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …