We investigate whether, and under which conditions, a revenue-neutral environmental tax reform may yield an employment double dividend, i.e., an improvement of environmental quality and an increase in aggregate employment. Using a model with two market imperfections – a rigid real wage and...

We generalize the formula provided by Maurice and Ferguson (1973) for derived factor demand in a monopoly by extending it to cross-price effects and taking into account other variables which may, within an general-equilibrium framework, affect demand, such as income. Hopefully, both features...

We exhibit the structure of totally balanced games, discuss some conditions for a game to be extreme within the cone of totally balanced games and provide conditions for the core to be a von Neumann-Morgenstern stable set. Our emphasis is put on exact and 'orthogonal' games. The main message is...