Showing 1 - 10 of 159
Workfare proposals concentrate on the work incentives for welfare recipients, thus focusing on the labor supply side. This paper analyzes the effects workfare has on labor demand when the labor market is unionized. As workfare reduces the number of recipients of public financial assistance, a...
Persistent link: https://www.econbiz.de/10011507897
implications for employment and income of welfare schemes often advocated as less distortionary. We show that reducing unemployment … benefits in favour of income subsidies (social benefits) reduces employment in general equilibrium and also the income of low … deterioration. To support employment, we suggest that systems grounded in contribution-based unemployment insurance schemes are to …
Persistent link: https://www.econbiz.de/10011624217
We propose a method to estimate the capitalized value of the architectural design quality of a neighbourhood. Our economic design premium is identified by spatially differentiating property prices and design quality within neighbourhoods and comparing the differences across neighbourhoods. We...
Persistent link: https://www.econbiz.de/10010483588
We investigate whether the decision to experiment with novel policies is influenced by electoral incentives. Our empirical setting is the U.S. welfare reform in 1996, which marked the most dramatic shift in social policy since the New Deal. We find that electoral incentives matter: governors...
Persistent link: https://www.econbiz.de/10011814867
This paper analyzes cordon tolling using a simple model where space is discrete rather than continuous, with commuting costs incurred only on two congested bridges. The first-best regime requires tolls on both bridges, whereas only the inner bridge is tolled under the cordon-toll regime. While...
Persistent link: https://www.econbiz.de/10010383240
We examine the effects of differences in income tax rates on commuting times within multi-state MSAs. Our theoretical model introduces a border into a model of an urban area and shows that differences in average tax rates distort commute times and interstate commutes. Empirically examining...
Persistent link: https://www.econbiz.de/10010370340
This paper explores the effects of a European airline merger followed by a consolidation of two competing international alliances. The exercise has been inspired by the Air France-KLM merger, which is expected to spur consolidation of the Northwest-KLM and SkyTeam alliances into a single...
Persistent link: https://www.econbiz.de/10011402515
The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be confronted by policy makers. As part of their policy response, it is probable that some form of congestion pricing will be imposed at selected U.S. airports in the relatively near...
Persistent link: https://www.econbiz.de/10011410457
We quantify the effect of container technology on transport costs and trade by estimating the modal choice between containerization and breakbulk shipping using micro-level trade data. The model is motivated by novel facts that relate container usage to shipment, destination and firm...
Persistent link: https://www.econbiz.de/10011597265
The aggregate economic impact of any developmental project depends on its effects within the chosen administrative region as well as its economic spillovers into other regions. However, little is known about how these spillovers propagate through geographic, ethnic and road networks. In this...
Persistent link: https://www.econbiz.de/10011825329