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Chapter Fifteen. Competitive Market Mechanisms as Social Choice Procedures
Hammond, Peter J. - In: Handbook of social choice and welfare : volume 2, (pp. 47-151). 2011
A competitive market mechanism is a prominent example of a nonbinary social choice rule, typically defined for a special class of economic environments in which each social state is an economic allocation of private goods, and individuals’ preferences concern only their own personal...
Persistent link: https://www.econbiz.de/10014025193
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Bankruptcy in General Equilibrium
Sabarwal, Tarun - 2019
highlight some welfare effects of bankruptcy …
Persistent link: https://www.econbiz.de/10012889092
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A General Equilibrium Cost-Benefit Rule for Green Certificates
Kriström, Bengt - 2016
perturbing the regulation. The welfare consequences (ignoring distributional effects) of the perturbation are compactly …
Persistent link: https://www.econbiz.de/10012977259
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The Costs and Benefits of Supporting Data Centers : A General Equilibrium Analysis
Johansson, Per-Olov; Kriström, Bengt; Center for … - 2021
. We show that the net benefits of this policy depends crucially, in general equilibrium, on the value of a tax elasticity …. This result can be interpreted as a ”sufficient statistics” regarding the welfare impact of such a tax-reform (in the …
Persistent link: https://www.econbiz.de/10013321474
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Global Responsibilities: Renewable Energies, Climate Policy, Migratory Pressure. Reports
Kemfert, Claudia; Neuhoff, Karsten; Richstein, Jörn; … - In: DIW Weekly Report 9 (2019) 16/18, pp. 160-166
Persistent link: https://www.econbiz.de/10012014958
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A Global View of Cross-Border Migration
di Giovanni, Julian; Levchenko, Andrei; Ortega, Francesc - 2012
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … and thus higher welfare, all else equal. Because of this effect, natives in countries that received a lot of migration … results show that the welfare impact of observed levels of migration is substantial, at about 5 to 10% for the main receiving …
Persistent link: https://www.econbiz.de/10014532736
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A global view of cross-border migration
Di Giovanni, Julia; Levchenko, Andrei A.; Ortega, Francesc - 2012
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … and thus higher welfare, all else equal. Because of this effect, natives in countries that received a lot of migration … results show that the welfare impact of observed levels of migration is substantial, at about 5 to 10% for the main receiving …
Persistent link: https://www.econbiz.de/10010282334
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Brain gain: claims about its size and impact on welfare and growth are greatly exaggerated
Schiff, Maurice - 2005
such a net brain gain results in an increase in welfare and growth due to education's positive externalities. This paper …) the impact on welfare and growth is smaller as well (for any brain gain size); iii) a positive brain gain is likely to … the stock of human capital may have a negative impact on welfare and growth; and v) in a dynamic framework, the paper …
Persistent link: https://www.econbiz.de/10010267439
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The Mobility Challenge for Growth and Integration in Europe
Zimmermann, Klaus F. - 2013
value of labor mobility for economic prosperity and its determinants. Labor migration and not welfare migration dominates … the future a much higher level of circular and permanent migration. …
Persistent link: https://www.econbiz.de/10010331428
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Challenged by Migration: Europe’s Options
Constant, Amelie F.; Zimmermann, Klaus F. - 2017
mobility issue by not preserving free internal labor mobility and not establishing a joint external migration policy. …This paper examines the migration and labor mobility in the European Union and elaborates on their importance for the … that migration is beneficial is broken. This comes with a crisis of European institutions in general. Migration and labor …
Persistent link: https://www.econbiz.de/10011628042