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Zusammenfassung: Seit dem Jahr 2015 ist Europa mit einer großen Flüchtlingswelle aus dem Nahen Osten und Nordafrika konfrontiert. Es wird argumentiert, dass die Geldpolitik der großen Industrieländer indirekt eine wichtige Bestimmungsgröße dieser Flüchtlingswelle ist. Ab der...
Persistent link: https://www.econbiz.de/10014630857
welfare costs. Capital yields taxes impose an excess burden (deadweight loss) of €10 billion per year and the deadweight loss … interest rates that is conducted by the ECB since 2010 corresponds to a deadweight loss in welfare of €39 billion or 1.4% of … GDP per year. Hence, the cumulated net welfare losses resulting from the subsequent ECB policy of easy money already …
Persistent link: https://www.econbiz.de/10011372044
The article analyzes the welfare impact of Germany's tenant protection law. It shows why tenants do not demand …
Persistent link: https://www.econbiz.de/10010332571
-how is not traded although it would be welfare improving, in the second case know-how trade takes place but welfare is …-how trade. The welfare-increasing productivity effect arises because trade in know-how raises the buyer's productivity without … positive for welfare, there may be situations where an incumbent acquires foreign know-how mainly in order to keep a potential …
Persistent link: https://www.econbiz.de/10014608616
Summary Effective from 2005, benefits for long-term unemployed have been reduced in Germany to the level of social assistance. This measure reflects the view that “all who are able to work, should work” - a view which makes sense only if the government can distinguish the disabled from the...
Persistent link: https://www.econbiz.de/10014609073
work, that workfare harms the welfare of the poor and thereby reduces a society’s welfare in general. This paper analyzes … mutually exclusive. Welfare increases due to the fact that out of the three effects workfare entails, beyond the detected …
Persistent link: https://www.econbiz.de/10014619301
Based on the premise that fairness is different from equity and that it is primarily used in informal contexts we present an economic approach to fairness. Discussing the results of behavioral economics reveals the experience that people do not accept a monetary offer even if that collides with...
Persistent link: https://www.econbiz.de/10010271587
fully dynamic model class overlapping generations of Fehr (1999) enabling a decomposition of welfare effects into efficiency …
Persistent link: https://www.econbiz.de/10009476230
With non-controllable auto-regressive shocks, the welfare of Ramsey optimal policy is the solution of a single Riccati … welfare function. There is no need to simulate impulse response functions over a long period, to compute period loss functions … and to sum their discounted value over this long period, as currently done so far. Welfare is computed for the case of the …
Persistent link: https://www.econbiz.de/10012234806
and has announced plans to intensify such regulation in the near future. Using a simple model we examine the welfare … increases welfare only on a small scale. Due to the fact that a price regulation limits the free choice of both marketing … the market. Our model shows that price regulation may fail to enhance welfare if the enterprise advertises its products …
Persistent link: https://www.econbiz.de/10010377895