Showing 1 - 10 of 2,646
that the same issues plague the estimation of monetary trade-offs regarding safety in other contexts …
Persistent link: https://www.econbiz.de/10012468292
This paper examines a new strategy for evaluating whether the size of a new environmental regulation requires that benefit cost analyses consider general equilibrium effects. Size in the context refers to both the magnitude and distribution of cost increases across sectors and the benefits...
Persistent link: https://www.econbiz.de/10012455911
Most developed economies invest in public goods such as national defense, education, infrastructure, and the environment. Expenditures on public projects entail a diversion of funds away from investments in private capital. Discount rates used to evaluate such projects should reflect the rate of...
Persistent link: https://www.econbiz.de/10012456100
Pollution is a common byproduct of economic activity. Although policymakers should account for both the benefits and the negative externalities of polluting activities, it is difficult to identify those who are harmed and those who benefit from them. To overcome this challenge, our paper uses a...
Persistent link: https://www.econbiz.de/10012456520
We study a large-scale French reform that provided generous downside insurance for unemployed individuals starting a business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started in response to the reform are, on average, smaller,...
Persistent link: https://www.econbiz.de/10012457949
This paper estimates a dynamic structural model of discrete R&D investment and quantifies its cost and long-run benefit for German manufacturing firms. The dynamic model incorporates linkages between the firm's R&D choice, product and process innovations, and future productivity and profits. The...
Persistent link: https://www.econbiz.de/10012459287
Persistent link: https://www.econbiz.de/10012462477
This paper estimates the rate of return to the High/Scope Perry Preschool Program, an early intervention program targeted toward disadvantaged African-American youth. Estimates of the rate of return to the Perry program are widely cited to support the claim of substantial economic benefits from...
Persistent link: https://www.econbiz.de/10012463178
We discuss most favoured nation (MFN) treatment in trade agreements, suggesting that its value to individual countries depends critically on the relevant model solution concept used to evaluate it. We analyze both rights to MFN treatment in foreign markets, and the obligation to grant MFN...
Persistent link: https://www.econbiz.de/10012472344
Estimates of volunteering in the United States vary greatly from survey to survey and do not show the decline over time common to other measures of social capital. We argue that these anomalies are caused by the social processes that determine survey participation, in particular the propensity...
Persistent link: https://www.econbiz.de/10012464571