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Welfare as simple(x) equity equivalents
Berger, Loïc; Emmerling, Johannes - 2017
Inequity plays a fundamental role in the evaluation of social welfare in many dimensions.We revisit the concept of inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations (intergenerational equity), using a common framework generalizing the...
Persistent link: https://www.econbiz.de/10011622070
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On multiple discount rates and present bias
Dong Xuan Bach; Bich, Philippe; Wigniolle, Bertrand - 2022
Persistent link: https://www.econbiz.de/10013473198
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Disentangling the Stern/Nordhaus controversy : beyond the discounting clash
Espagne, Etienne; Perrissin Fabert, Baptiste; Pottier, … - 2012
The Stern/Nordhaus controversy has polarized the widely disparate beliefs about what to do in order to tackle the climate challenge. To explain differences in results and policy recommendations, comments following the publication of the Stern Review have mainly focused on the role played by the...
Persistent link: https://www.econbiz.de/10009628143
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The time path of the saving rate : hyperbolic discounting and short-term planning
Farzin, Yeganeh Hossein; Wendner, Ronald - 2014
: hyperbolic discounting and short planning horizons. We show that, in contrast to the commonly accepted argument, in general … (except for the special case of logarithmic utility) a model with hyperbolic discounting is not observationally equivalent to … one with exponential discounting. We also show that our framework implies a hump-shaped saving rate dynamics that is …
Persistent link: https://www.econbiz.de/10010373737
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Reconciliation once and for all : economic impact evaluation and social cost benefit analysis
Banerjee, Onil; Cicowiez, Martín; Moreda, Adela - 2017
There is a debate in the literature on the appropriate methods and metrics for evaluating the economic impacts of tourism investments. Available analytical techniques include input-output modelling, computable general equilibrium modelling, cost benefit analysis, expenditure-based methods, and...
Persistent link: https://www.econbiz.de/10011785007
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Endogenous volatility, endogenous growth, and large welfare gains from stabilization policies
Wang, Pengfei (contributor); Wen, Yi (contributor) - 2007 - Rev.
Persistent link: https://www.econbiz.de/10003740040
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Liquidity and welfare
Wen, Yi - 2012
Persistent link: https://www.econbiz.de/10009625507
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Welfare : theoretical and analytical paradigms
MacGregor, Susanne - 2014
The paper reviews paradigms of welfare, principally the industrialization thesis, the three worlds of welfare and social investment states and shows how these link to wider public policies and underlying assumptions. It locates explanations in historical and contemporary contexts. The literature...
Persistent link: https://www.econbiz.de/10011483973
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Capital requirements, risk-taking and welfare in a growing economy
Agénor, Pierre-Richard; Silva, Luiz A. Pereira da - 2017
The effects of capital requirements on risk-taking and welfare are studied in a stochastic overlapping generations model of endogenous growth with banking, limited liability, and government guarantees. Capital producers face a choice between a safe technology and a risky (but socially...
Persistent link: https://www.econbiz.de/10011661894
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The domestic welfare loss of Syrian Civil War : an equivalent income approach
Onder, Harun; Pestieau, Pierre; Ponthiere, Gregory - 2017
Persistent link: https://www.econbiz.de/10011751514