This article evaluates the presence of dynamic inconsistency on decisions of discretionary environmental policy, and its incidence on social welfare. It is assumed that an environmental authority minimizes a social welfare loss function controlling freely – on each period – a tax rate by...

We report the result of experiments designed to assess the effect of initial endowments on willingness to pay values elicited from multi-unit Vickrey auctions. Comparing bids from an “endow and upgrade” approach with the “full bidding” approach, we find that the direction of the...

Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative traveler’s dilemma. In this context, we observe that participants tend to choose strictly dominated strategies. In order to explain similar tendencies in other games,...

The present work estimates poverty and inequality indices in various groups that are known to have high contributions to poverty and inequality, such as farmers, pensioners and families with 3 or more children. Using the bootstrap technique, we estimate confidence intervals for these indices and...

We apply a variation of Bourguignon, Meléndez and Ferreira (2005) methodology to examine the extent to which income inequality is associated with the inequality of observed exogenous circumstances of origin that determine individuals' "opportunities" to pursue their chosen life plans. We find...

Wage inequality in Chile has remained high for decades and it is currently at the center of the political agenda. Increasing education of workers is expected to contribute to reduce wage inequality. Based on historical trends of age, education, and returns to education, this paper attempts to...

Using household surveys that cover more than 50 years of the political and economic history of Chile, we investigate changes in the shape of the distribution of income in Chile, and in the composition of top 10% and top 1% incomes. In line with international evidence, top incomes concentration...

Für einen internationalen Vergleich der Steuerbelastung ist eine differenzierte Betrachtung der effektiven steuerlichen Belastung nach Gruppen von Steuerpflichtigen von Interesse. Auf Basis des europäischen Mikrosimulationsmodells EUROMOD zeigt diese Studie, dass die effektive Belastung der...

Die Entwicklung des privaten Verbrauchs ist eine entscheidende Größe bei der Erstellung makroökonomischer Prognosen im Rahmen der Volkswirtschaftlichen Gesamtrechnungen. Als erklärende Variable für die Konsumentwicklung spielt damit auch die Ersparnisbildung der Haushalte eine zentrale...

Die Lebensläufe der deutschen Babyboomer (geboren zwischen 1956 und 1965) unterscheiden sich deutlich von denen vorangegangener Kohorten. Insgesamt zeigt sich eine zunehmende Vielfalt der Erwerbsverläufe. Insbesondere in Ostdeutschland sind diese von Brüchen geprägt, mit häufigeren oder...