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evaluates within a game-theoretic framework the exchange rate regime from a welfare perspective. In a tradable-nontradable goods … welfare-related criterion by minimising a loss function defined in terms of external competitiveness and domestic inflation …
Persistent link: https://www.econbiz.de/10009477444
Although economists offer different variants for welfare measuring, none of this variants can disclose the fool … situation of economic wellbeing. That is why the main goal of this thesis is to analyze possibilities of economic welfare … historical economic schools, thoughts by A.C.Pigou – one of the welfare economics beginners, mathematic direction of economics …
Persistent link: https://www.econbiz.de/10009478192
approximates fairly closely the welfare gains associated with the first best policy (optimal carbon tax and tariffs on traded goods …
Persistent link: https://www.econbiz.de/10009446089
find three key results. First, partial equilibrium estimates of welfare loss are significantly overestimated relative to … inspections have to be extreme to improve welfare, with inspections having advantages over quotas. …
Persistent link: https://www.econbiz.de/10009446309
risky product. The model is used to analyze the welfare effects of trade with and without a country-of-origin labeling (COOL …) program. Assuming imports are less safe than domestic production, the welfare gains from trade in the absence of COOL are … ambiguous and may justify the imposition of a trade ban. Even if a full ban does not improve welfare, some restriction of trade …
Persistent link: https://www.econbiz.de/10009446863
the deadweight welfare loss associated with these government subsidies. Although government intervention results in …
Persistent link: https://www.econbiz.de/10009446896
We compare the welfare costs of tax distortions of labour supply in one and two member household discrete and … uncompensated labour supply elasticities in discrete and continuous models. The welfare costs of similar taxes are significantly …
Persistent link: https://www.econbiz.de/10009447276
Standard tools for the analysis of economic problems involving uncertainty, including risk premiums, certainty equivalents and the notions of absolute and relative risk aversion, are developed without making specific assumptions on functional form beyond the basic requirements of monotonicity,...
Persistent link: https://www.econbiz.de/10009448030
contribution to human economy and welfare. The model was also used to simulate the potential effect of an incentive to reduce …. The growth of GRP per capita, on the other hand, remains much smaller than that of GRP. Regional welfare decreases … growth accompanied by lower levels of welfare, while opposite trends were found for scenarios of higher investment in human …
Persistent link: https://www.econbiz.de/10009450691
been fully reflected in other economic welfare measures (section 1). 2. Most economic reforms have important distributional … welfare, they should be an integral part of the evaluation of policy reform (section 2). 3. How can this be done? Some policy …
Persistent link: https://www.econbiz.de/10009451453