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Changing the income tax progressivity in labour markets with collective wage bargaining generates a trade-off. On the one hand, higher progressivity distorts individual labour supply decisions at the hours-of-work margin, on the other hand, it reduces unemployment by exerting downward pressure...
Persistent link: https://www.econbiz.de/10003969884
Energy poverty, long considered a problem limited to developing countries only, is now widely acknowledged as a … challenge for advanced OECD countries as well. How energy poverty is perceived depends on the conceptualization and assessment … push into poverty. In Europe, the UK has spearheaded the definition and measurement of such phenomena. The most common way …
Persistent link: https://www.econbiz.de/10010361341
Fuel poverty may become an increasingly severe problem in developed countries in cases when real prices for fossil … fuels increase at high rates or when real energy prices increase due to policies for greenhouse gas abatement. Fuel poverty … measurement consists of two largely independent parts, firstly, the definition of an adequate fuel poverty line, and secondly, the …
Persistent link: https://www.econbiz.de/10009777613
We analyze a two-period modell where risk-averse students divide their time between risky education, leisure, and work. The educated can migrate. Wagetax financed transfer to students acts as an insurance, and increases both investment in education and demand for leisure. We drive sufficient...
Persistent link: https://www.econbiz.de/10011443239
Persistent link: https://www.econbiz.de/10001701741
The employment effects of an ecological tax reform depend decisively on the presence of a profit tax and on the extent to which profits are taxed. This is shown in a model where firms have monopoly power on product markets and bargain over wages with unions on the labour market. In the setting,...
Persistent link: https://www.econbiz.de/10011446713
When we analyse the labour market consequences of labour tax reforms in a model of firm-union wage bargaining, minor changes in the formulation of the union's fallback option can have drastic effects. This paper compares two variants of the model in which either workers have no reemployment...
Persistent link: https://www.econbiz.de/10011447194
This paper considers the implications of complementarity in private production and constraints on government for optimal fiscal policy. Using an endogenous growth model with public finance, it derives three central results which modify findings in the literature under standard assumptions....
Persistent link: https://www.econbiz.de/10008901822
This paper evaluates the trade-off between growth and welfare maximization from two perspectives. Firstly, it synthesizes and extends endogenous growth models with public finance to compare growth and welfare maximizing tax rates. Secondly, it examines the distinct model outcomes in terms of...
Persistent link: https://www.econbiz.de/10009159871
Global impact assessment of unilateral climate policies is commonly based on multi‐sector, multi‐region computable general equilibrium (CGE) models that are calibrated to consistent accounts of production, consumption, and bilateral trade flows. However, global economic databases such as...
Persistent link: https://www.econbiz.de/10009661223