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Biofuel subsidies : an open-economy analysis

Bandyopadhyay, Subhayu; Bhaumik, Sumon Kumar; Wall, … - 2009

, when a Pigouvian tax on conventional fuels such as crude is in place, the optimal biofuel subsidy is zero. When the tax on … crude is not available as a policy option, however, a second-best biofuel subsidy (or tax) is optimal. In the large …-country case, the optimal tax on crude departs from its standard Pigouvian level and a biofuel subsidy is optimal. A biofuel …

Persistent link: https://www.econbiz.de/10003920242

Disentangling the wage impacts of offshoring on a developing country : theory and policy

Bandyopadhyay, Subhayu; Basu, Arnab K.; Chau, Nancy H.; … - 2016

The various channels through which a reduction in the cost of offshoring can improve wages in a developed country are by now well understood. But does a similar reduction in the offshoring cost also benefit workers in the world's factories in developing countries? Using a parsimonious...

Persistent link: https://www.econbiz.de/10011480815

Is there too little immigration?

Bandyopadhyay, Subhayu (contributor); … - 2007

This paper presents a model of legal migration from one source country to two host countries, both of which can control their levels of immigration. Because of complementarities between capital and labor, the return on capital is positively related to the level of immigration. Consequently, when...

Persistent link: https://www.econbiz.de/10003597343

Should easier access to international credit replace foreign aid?

Bandyopadhyay, Subhayu; Lahiri, Sajal; Younas, Javed - 2011

We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...

Persistent link: https://www.econbiz.de/10009488418

Illegal immigration and fiscal competition

Bandyopadhyay, Subhayu; Pinto, Santiago M. - 2015

Reflecting recent enforcement policy activism of US states, this paper examines federal-state overlap of illegal immigration policy in a spatial context. Keeping the US-Mexico context in mind, we assume that labor from a source nation enters a host nation through bordering states. Once in the...

Persistent link: https://www.econbiz.de/10010528598

Effects of credit supply on unemployment and inequality

Bandyopadhyay, Subhayu; Dinopoulos, Elias; Unel, Bulent - 2016

The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We propose a simple model where firms producing varieties face labor-market frictions and credit constraints. In the model, tighter credit leads to lower output, lower number of...

Persistent link: https://www.econbiz.de/10011494040

Oligopoly and outsourcing

Bandyopadhyay, Subhayu (contributor); … - 2005

desirable and the usual profit-shifting objectives of an export subsidy are mitigated, perhaps completely, because it might lead …

Persistent link: https://www.econbiz.de/10003227215

Trade policy and illegal immigration

Bandyopadhyay, Subhayu (contributor); … - 2005

We use a version of the Meade model to consider the effects of interdependent import tariffs in the presence illegal immigration. First, we consider the small union case and derive the Nash tariff equilibrium for two potential members of a Preferential Trade Agreement (PTA). We analyze...

Persistent link: https://www.econbiz.de/10002770697

Immigration and outsourcing : a general equilibrium analysis

Bandyopadhyay, Subhayu (contributor); … - 2005

immigration target there is a wage target (arising out of income distribution concerns), an outsourcing subsidy is required. The …

Persistent link: https://www.econbiz.de/10003039642

Trade and child labor : a general equilibrium analysis

Bandyopadhyay, Subhayu (contributor); … - 2005

This paper augments the existing literature on trade and child labor by exploring the effects of terms of trade changes in the context of a three good general equilibrium model, where one of the goods is a non-traded good. We find that under quasi-linear preferences the effect of the terms of...

Persistent link: https://www.econbiz.de/10002658230