Showing 1 - 10 of 68
Based on the aggregation of individual willingness-to-pay for a statistical life, we calibrate an intertemporal optimization model to determine the aggregate welfare losses from HIV/AIDS in 25 Eastern European countries. Assuming a discount rate of three percent, we find a total welfare loss for...
Persistent link: https://www.econbiz.de/10010273139
Redistribution differs widely across countries, but our understanding of why this is the case is limited. In … democracies, the extent of redistribution should ultimately reflect citizens' preferences. We measure preferences for … redistribution in six developed countries through internationally standardized questions in which respondents are faced with …
Persistent link: https://www.econbiz.de/10012588498
This paper analyzes intergenerational redistribution in a 2-period overlapping- generations model that allows for … political economy equilibrium is not Pareto-efficient. Redistribution results in equal consumption levels of individuals with …
Persistent link: https://www.econbiz.de/10010331072
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...
Persistent link: https://www.econbiz.de/10010272954
In this paper redistribution policy is analyzed in a 2-period overlapping generations model with heterogeneous …
Persistent link: https://www.econbiz.de/10010275329
This paper analyzes the impact of international capital mobility on redistributive capital taxation and on lobbying activities by interest groups. It employs a model where different capital endowments lead to a conflict between households concerning their most preferred capital tax rate. Three...
Persistent link: https://www.econbiz.de/10010275496
democracy with asymmetric information. The model considers not only redistribution between generations but also redistribution …, consumption levels are perfectly equalized within both generations. Second, a redistribution bias exists in favor of the old …
Persistent link: https://www.econbiz.de/10010275705
Beschäftigungskonten eingeführt, so werden die Beschäftigungsanreize gestärkt, ohne die existierende Umverteilung signifikant zu verändern … improve employment incentives without significant changes in the current redistribution scheme. We provide a detailed account … size of entitlements as well as interpersonal redistribution unchanged. …
Persistent link: https://www.econbiz.de/10011453714
Ethnic discrimination is ubiquitous, and it has been shown to exert adverse effects on income redistribution. The … work effort knowing that their income will finance redistribution to ethnic minorities. We test for this mechanism … statistically insignificantly. Workers' beliefs over the third party's redistribution rate do not mediate such results and are …
Persistent link: https://www.econbiz.de/10013284393
We use a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to analyze economic policy meant to compensate the losers of trade liberalization and reduce the ensuing wage inequality. We consider several...
Persistent link: https://www.econbiz.de/10010397123