Showing 1 - 10 of 6,094
Persistent link: https://www.econbiz.de/10008500611
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … effects. Although our theory contains no money illusion, no permanent nominal rigidities, and no departure from rational … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be …
Persistent link: https://www.econbiz.de/10008520206
With a mandate, U.S. policy of ethanol tax credits designed to reduce oil consumption does the exact opposite. A tax credit is a direct gasoline consumption subsidy with no effect on the ethanol price and therefore does not help either corn or ethanol producers. To understand this, consider...
Persistent link: https://www.econbiz.de/10010882368
The overall costs of the payment system to society are considerable. These costs depend on the relative usage of the available payment instruments, which differ in the costs that each entails to market participants in the payment chain. In the Netherlands, debit card payments have become less...
Persistent link: https://www.econbiz.de/10010945593
The relationships between urban form, mobility and sustainability have been widely debated in recent times, often with some prejudice and ideological touch, unfortunately. The advantages and disadvantages of the « compact city » vs. the dispersed city or « ville éclatée », have been...
Persistent link: https://www.econbiz.de/10011020008
The social costs of unemployment, in terms of unemployment's impact on European citizens' life satisfaction, relate strongly to unemployment duration. At any level of general joblessness, reducing long-term unemployment is more important than reducing the number of people unemployed at any point...
Persistent link: https://www.econbiz.de/10010958252
Determined the need for prediction of local spending by aggregate spending, the choice of forecasting on the basis of economic-mathematical modeling.
Persistent link: https://www.econbiz.de/10011214100
What does a pack of cigarettes cost a smoker, the smoker's family, and society? This longitudinal study on the private and social costs of smoking calculates that the cost of smoking to a 24-year-old woman smoker is $86,000 over a lifetime; for a 24-year-old male smoker the cost is $183,000. The...
Persistent link: https://www.econbiz.de/10005237337
The paper reviews the case for special taxes on gambling services from a traditional public-finance perspective. Evidence suggests that high taxes are likely to hurt recreational consumers badly while not necessarily mitigating problem play. Taxes on gambling are also shown to be regressive,...
Persistent link: https://www.econbiz.de/10005241841
In this paper we discuss a new tort liability rule, which we call super-symmetric comparative negligence and vigilance. When both injurer and victim in an accident are negligent, it provides for liability shares that depend on the degrees of negligence of the two parties, similar to the standard...
Persistent link: https://www.econbiz.de/10005249423