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Colas, Mark; Findeisen, Sebastian; Sachs, Dominik - 2019

We study the optimal design of student financial aid as a function of parental income. We derive optimal financial aid formulas in a general model. For a simple model version, we derive mild conditions on primitives under which poorer students receive more aid even without distributional...

Persistent link: https://www.econbiz.de/10012139572

"More bang for the buck"? : evidence on the effectiveness of an energy efficiency subsidy

Bartels, Lara; Werthschulte, Madeline - 2023

implicit in a subsidy encouraging an energy-efficiency investment. In the experiment, participants decide on purchasing a low …-flow showerhead and are either confronted with the introduction of a subsidy or a same-sized price decrease. We find a demand increase … subsidy is introduced. An analysis of the underlying channels rules out changes in beliefs and norm perceptions. Positive …

Persistent link: https://www.econbiz.de/10014311773

Would you like to supersize your car? : the effect of environmental subsidies on emissions

Tsanko, Ilona - 2023

I study the impact of subsidies for Plug-in hybrid vehicles (PHEV) on carbon emissions. I show that subsidizing innovations without considering consumer behavior can harm the environment. I provide descriptive evidence on charging instances of PHEV and combine it with a structural model of...

Persistent link: https://www.econbiz.de/10014334532

The political economy of stranded assets : climate policies, investments and the role of elections

Hagen, Achim; Kollenbach, Gilbert - 2024

can use a high subsidy to reduce or even avoid potentially stranded assets in the next period. With endogenous reelection …

Persistent link: https://www.econbiz.de/10014486660

Effectiveness and heterogeneous effects of purchase grants for electric vehicles

Haan, Peter; Santonja, Adrián; Zaklan, Aleksandar - 2023

BEV and 25% of PHEV registrations were subsidy-induced, and had strong distributional effects, with greater uptake in …

Persistent link: https://www.econbiz.de/10014227603

Heterogeneity in migration network effects across cultures

Bogatzki, Tamara - 2021

I empirically assess the importance of socially interdependent origin cultures as opposed to socially independent ones for network effects in inter-national migration. I propose that societies that emphasise collectivist behaviour accumulate larger levels of communityspecific social capital than...

Persistent link: https://www.econbiz.de/10012589738

Moral hazard and optimal commodity taxation

Arnott, Richard; Stiglitz, Joseph - 1983

Persistent link: https://www.econbiz.de/10003474080

Fiscal austerity, unemployment and family firms

Munkacsi, Zsuzsa - 2015

I calculate unemployment multipliers of fiscal consolidation policies in a standard, closed-economy New Keynesian framework with search and matching frictions, and, as an innovation, in the presence of sectoral heterogeneity. Family and non-family firms behave differently in the labor market and...

Persistent link: https://www.econbiz.de/10010516542

Do tax cuts increase consumption? : an experimental test of Ricardian Equivalence

Meissner, Thomas; Rostam-Afschar, Davud - 2014

This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment. This proposition is a fundamental assumption underlying numerous studies on intertemporal choice and has important implications for tax policy. Using nonparametric and panel...

Persistent link: https://www.econbiz.de/10010384031

Consumption taxation to finance pension payments

Ruppert, Kilian; Schön, Matthias; Stähler, Nikolai - 2021

This paper assesses how a permanent shift from financing a public pay-as-you-go pension by direct (labour income) taxation towards financing it by indirect(consumption) taxation affects the economy and welfare. To this end, we use anoverlapping-generations-augmented two-region general...

Persistent link: https://www.econbiz.de/10012792525

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