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On the Equilibrium and Welfare Consequences of 'Keeping Up with the Joneses'
Gavrel, Frédéric - 2015
-utility constrained social optimum. Unexpectedly, numerical simulations show that this theory could account for the observed distribution …
Persistent link: https://www.econbiz.de/10013022644
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Small State Regional Cooperation, South-South and South-North Migration, and International Trade
Schiff, Maurice - 2010
its size and welfare impact, and b) examines the impact of international migration as well as the migration …-trade relationship. The main findings are: i) the likelihood of regional bloc formation, its size and welfare impact increases with IC, N …-South migration raises bloc size and welfare; iv) South-South migration and trade are complements under market access negotiations and …
Persistent link: https://www.econbiz.de/10013141777
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Trade and Industrial Policies with Heterogeneous Firms : The Role of Country Asymmetries
Pflüger, Michael - 2010
improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …
Persistent link: https://www.econbiz.de/10013134819
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Time is on My Side : Relational Contracts and Aggregate Welfare
Kukharskyy, Bohdan - 2018
total factor productivity. We provide empirical evidence in line with the predictions of our theory …
Persistent link: https://www.econbiz.de/10012923240
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How Deep is Your Love? A Quantitative Spatial Analysis of the Transatlantic Trade Partnership
Krebs, Oliver - 2015
connects theory and data. We take input-output linkages across industries into account and make use of the recently established …
Persistent link: https://www.econbiz.de/10013023010
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In-Work Benefits and Unemployment
Tonin, Mirco - 2011
In-work benefits are becoming an increasingly relevant labour market policy, gradually expanding in scope and geographical coverage. This paper investigates the equilibrium impact of in-work benefits and contrasts it with the traditional partial equilibrium analysis. We find under which...
Persistent link: https://www.econbiz.de/10013130454
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Education and Optimal Dynamic Taxation
Findeisen, Sebastian - 2011
We study optimal tax and educational policies in a dynamic private information economy, in which ex-ante heterogeneous individuals make an educational investment early in their life and face a stochastic wage distribution. We characterize labor and education wedges in this setting analytically...
Persistent link: https://www.econbiz.de/10013118777
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The Assignment of Workers to Tasks with Endogenous Supply of Skills
Dupuy, Arnaud - 2013
This paper presents a general equilibrium assignment model of workers to tasks with endogenous supply of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur; workers self-select the type of skills to supply and firms...
Persistent link: https://www.econbiz.de/10013083748
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Hidden Insurance in a Moral Hazard Economy
Bertola, Giuseppe - 2013
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional form restrictions ensure that...
Persistent link: https://www.econbiz.de/10013071425
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Modelling the Effects of Immigration on Regional Economic Performance and the Wage Distribution : A Cge Analysis of Three EU Regions
Pouliakas, Konstantinos - 2009
The paper uses a regional Computable General Equilibrium (CGE) model to analyse the effects of immigration on three small remote EU regions located within Scotland, Greece and Latvia. Two migration scenarios are assessed. In the first, total labour supply is affected. In the second, the...
Persistent link: https://www.econbiz.de/10013153012