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This paper presents some theoretical foundations underlying the welfare analysis that can be established in order to quantify the impact on consumers, when an agent violates the rights of purchaser and such behavior is reflected in a price increase. This exercise allows us to conclude that if it...
Persistent link: https://www.econbiz.de/10011109080
This work intends to specify a formula for the optimal taxation in Probabilistic Voting Models with Single Mindedness Theory. The goal is to find an equivalent expression to the Ramsey’s rule for a political economy environment where Governments are assumed to be Leviathans rather than...
Persistent link: https://www.econbiz.de/10005789305
In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining process between a firm and a labour union whose members are partitioned into two social groups: the old and the young. Furthermore, I exploit the Single-Mindedness theory, which...
Persistent link: https://www.econbiz.de/10005789327
In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I will introduce a new expression for the balanced-budget constraint, no longer based on lump- sum transfers as in the traditional literature, but rather on more realistic labour...
Persistent link: https://www.econbiz.de/10005835397
that government should reduce income inequality exhibit a negative WTP on average. The major finding is that estimated …
Persistent link: https://www.econbiz.de/10008622243
The increasing burden of obesity and related non-communicable diseases in the world has encouraged the design of effective policies in order to contain this trend. Excise taxes on low-nutritious food and sugar-sweetened beverages consumption, such as soft-drinks, have been proposed. Currently, a...
Persistent link: https://www.econbiz.de/10011123513
This paper primarily aims to capture the changing patterns of consumption expenditure of three broad classes, namely, the ‘upper’ ‘middle’ and ‘bottom’ classes in the rural and urban India. In contrast to what is generally held that differences in consumption of necessaries across...
Persistent link: https://www.econbiz.de/10009418507
Over the past few years a large body of literature has studied the determinants of individual preferences for income equality and redistributive policies. In this paper, using data from the World Values Survey (WVS), we specifically focus on the preferences expressed by Italians and analyse...
Persistent link: https://www.econbiz.de/10009151609
The study examined the linkages between inequality in household expenditure components and total inequality and poverty …, reducing within-component inequality significantly reduces overall poverty and inequality in Ghana, compared to between …-component inequality. Specifically, inequality in education and health expenditure components were the largest contributors to overall …
Persistent link: https://www.econbiz.de/10011252595
This paper explores how a trust in government shared by neighbors is associated with individual preferences for income redistribution and individual perceptions regarding income tax burden. Three measures for trust in government are used: “trust in ministries and government agencies”,...
Persistent link: https://www.econbiz.de/10011258693