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The dissertation includes four studies broadly connected to the causes and consequences of the Global Financial Crisis of 2007-8 from a political economy perspective. Following the intro-duction, Chapter 2 analyzes the political roots of massive foreign reserves accumulation, which has...
Persistent link: https://www.econbiz.de/10011698361
stimulus to the discourse on individual happiness. Recently this research has also been linked to economics where reported … provides a new possibility for the complementary testing of theories across fields in economics. Third, we inquire how the … insights gained from the study of individual happiness in economics affect public policy. …
Persistent link: https://www.econbiz.de/10010269838
In actual environmental policy, the design of actual pollution emission taxes differs significantly with the optimal Pigovian tax. In particular, earmarking prevails and actual taxes are usually combined with regulation. Furthermore tax rates are generally too low to significantly influence...
Persistent link: https://www.econbiz.de/10011335760
Given heterogeneity in incomes and health risks, with asymmetric information in the latter, preferences over the public-private mix in health insurance and care are derived. Results concerning crowding-out in the presence of adverse selection are established. For low-risk individuals,...
Persistent link: https://www.econbiz.de/10010443330
This article - designed to give readers unfamiliar with public choice a historical overview and flavor for the kinds of problems considered - is divided into three main sections, "historical origins," the "modern founders of MPE," and a brief description of some "current issues" studied by...
Persistent link: https://www.econbiz.de/10012662302
This paper studies the consequences of certain widespread policies for the quality and sustainability of growth. These policies cause economic inefficiency, environmental destruction and increased poverty. The paper develops a political economy model to show why the existence of such policies is...
Persistent link: https://www.econbiz.de/10010323580
Persistent link: https://www.econbiz.de/10010296200
Wirtschaftspolitik gefunden haben, wo ja nicht einmal das Korrektiv der Märkte zur Rationalität zwingt. Der Wähler hat kaum Anreize zu … Einfluss auf die Qualität der Wirtschaftspolitik hat. In der politökonomischen Analyse hat dies Kalkül unter dem Terminus der …
Persistent link: https://www.econbiz.de/10010297673
-based computational economics (ACE) - and we present the way it has been applied to policy analysis issues. We conclude by discussing the …
Persistent link: https://www.econbiz.de/10010328656
An economy's production set is the collection of all net output vectors that the economy is capable of producing with a given technology and fixed quantities of primary factors of production. The boundary of this set is called the production possibility frontier or PPF. We show that, if the...
Persistent link: https://www.econbiz.de/10010286384