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Pollution perception. An inquiry into intergenerational equity
Schuhmacher, Ingmar; Zou, Benteng - 2005
In this article we extend the recent literature on overlapping generations with a pollution sector by allowing generations to have a certain pollution perception with regards to the stock of pollution. Pollution perception, assumed to be part of the generations' preferences, can be either a...
Persistent link: https://www.econbiz.de/10009452479
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The economics of gold mining taxation
Mangondo, Kismore - 2006
Currently the gold mining industry is taxed differently to other industries. It is taxed on a two-tier system. The nature of the gold mining tax formula encourages the mining of marginal gold ores. Firms that are involved in the mining of gold are subjected to a "tax tunnel", which is a tax free...
Persistent link: https://www.econbiz.de/10009457823
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Internationaler Handel und Nutzung natürlicher Resssourcen mit einem Fallbeispiel zur Entwicklung der Außenhandelsstruktur Indiens
Kilp, Frithjof - 2007
ökonomische Theorie bedeutete dies die Notwendigkeit, die Annahme einer geschlossenen Volkswirtschaft innerhalb der Umweltökonomie …
Persistent link: https://www.econbiz.de/10009476190
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The problem of intergenerational equity in the field of national health insurance, analysed from the perspective of public choice theory
Dominick, Florian - 2008
Krankenversicherung (GKV) daher die Forschungsfrage, ob in einer marktwirtschaftlichen Ordnung Generationengerechtigkeit umgesetzt wird … bzw. wer von ihrer Umsetzung einen Nutzen hat.Zun?chst wird auf Grundlage der Theorie der Neuen Politischen ?konomik … evaluated from the point of view of public choice theory to see if, and if yes, to what extent, it is intergenerationally …
Persistent link: https://www.econbiz.de/10009485591
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Health and Growth: Causality through Education
Huang, Rui; Fulginiti, Lilyan E.; Peterson, E. Wesley F. - 2009
Replaced with revised version of paper 08/24/09.
Persistent link: https://www.econbiz.de/10009444818
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Money and Growth in a Production Economy with Multiple Assets
Kaas, Leo; Weinrich, Gerd - 2003
We consider a Diamond-type model of endogenous growth in which there are three assets: fiat money, government bonds, and equity. Because of productivity shocks, the equity return is uncertain, and risk-averse investors require a positive equity premium. Typically, there exist two steady states,...
Persistent link: https://www.econbiz.de/10009471679
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Unemployment, Factor Substitution and Capital Formation
Kaas, Leo; Thadden, Leopold von - 2003
We incorporate a wage-bargaining structure in a dynamic general equilibrium model and show how this feature changes short- and long-run properties of equilibria compared with a perfectly competitive setting.We discuss how employment, capital and income shares respond to wage-setting shocks and...
Persistent link: https://www.econbiz.de/10009471681
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Productive government spending, growth, and sequential voting
Kaas, Leo - 2003
This paper considers an endogenous growth model with productive government spending in which overlapping generations of agents vote sequentially on policy. With sequential majority voting, there is a multiplicity of politico-economic equilibria originating from self-fulfilling policy...
Persistent link: https://www.econbiz.de/10009471682
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Intergenerational Discounting: A new Approach
Bayer, Stefan; Cansier, Dieter - 1998
In this paper, we analyze how to utilize discount rates in intergenerational projects. Firstly, neoclassical decision-making is depicted in Ramsey and overlapping-generations models (OLG-models). Afterwards we investigate the utilization of time preference rates and opportunity cost rates in an...
Persistent link: https://www.econbiz.de/10009475344
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Financial Markets, Financial Intermediation, and Bailout Policy
Vinogradov, Dmitri V. - 2006
The 1980s and 1990s have been marked with a series of financial and banking crises all over the world. This turned the attention of economists to such questions as how a financial system should be structured in order to reduce the vulnerability of an economy to the risk of a crisis, or what...
Persistent link: https://www.econbiz.de/10009476251