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The Changing Structure of Inequality in India, 1993-2010: Some Observations and Consequences

Singh, Ashish; Kumar, Kaushalendra; Singh, Abhishek - In: Economics Bulletin 35 (2015) 1, pp. 590-603

inequality in total consumption expenditure by different sources (food, education, health, durable goods and other items … equal during the past two decades, represent a declining share of total consumption. In contrast, expenditures on education … expenditure on food items, inequality contributions of expenditures on all other heads including education, health, durable goods …

Persistent link: https://www.econbiz.de/10011207128

Inequalities between retirees and workers: an empirical model to capture the effect of taxation

Legendre, Bérangère - In: Economics Bulletin 31 (2011) 4, pp. 2787-2798

French retirees benefit from specific taxation decreases. These tax exemptions imply considerable public tax expenditures that may be unjustifiable in terms of equity. In this article, we examine the adequacy of tax arrangements for French retirees in the current context of public pension...

Persistent link: https://www.econbiz.de/10009321772

Incomplete Unemployment Insurance under Aggregate Fluctuations

Algan, Yann - In: Economics Bulletin 5 (2004) 12, pp. 1-7

This paper reconsiders the welfare benefit of unemployment insurance when individuals might self-insure through private savings but face aggregate fluctuations. We conclude that previous studies have under-estimated by half the average welfare gain from unemployment benefit by ignoring the...

Persistent link: https://www.econbiz.de/10005767633

Horizontal merger of differentiated firms with product consolidation: the effect of change in substitutability

Matsubayashi, Nobuo; Hashimoto, Tatsuya - In: Economics Bulletin 30 (2010) 1, pp. 94-102

This paper studies an effect of a horizontal merger where a product consolidation by the merged firm may alter the substitutability in the industry. We show that as the number of firms in the industry increases, this type of merger becomes profitable for merging firms, while unprofitable for...

Persistent link: https://www.econbiz.de/10008546798

Note on Stable Mergers in a Market with Asymmetric Substitutability

Watanabe, Takayuki; Matsubayashi, Nobuo - In: Economics Bulletin 33 (2013) 3, pp. 2024-2033

This paper studies the stability of mergers between firms in a Cournot market. Unlike most existing works, we consider a demand structure where the substitutability between firms is asymmetric. We specifically focus on the stability of the grand coalition by analyzing the core allocation. The...

Persistent link: https://www.econbiz.de/10010685802

Horizontal merger of differentiated firms with product consolidation: the effect of change in substitutability

Matsubayashi, Nobuo; Hashimoto, Tatsuya - In: Economics Bulletin 30 (2010) 1, pp. 94-102

Persistent link: https://www.econbiz.de/10008563114