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 …

output-inflation tradeoffs and their business cycles are perfectly synchronised. Under supply shocks, welfare implications …

normative effects of offshoring: trade in tasks increases productivity of active firms and improves welfare in the offshoring …

internal debt, a number of developing countries do not. In this paper, we analyze the effect on FDI and host country welfare of … limits facilitates more aggressive transfer pricing and results in lower host country welfare. …

of tradable and nontradable goods, we investigate how trade liberalization affects household welfare through changes in … the cost of consumption. Our results show that trade liberalization, particularly China’s WTO accession, brings welfare …

. This paper considers the impact of such programs on consumer demand and welfare and empirically tests whether enrollment in …

the United States. Thirdly, we find that the average welfare cost of inflation is much smaller compared to a complete …

inflation distorts a variety of marginal decisions, to evaluate the welfare cost of inflation in South Africa – a country, where … substantial welfare cost estimates ranging between 0.70 percent of GDP to 1.33 percent of GDP for the lower and upper limits of … the target band. More importantly, the welfare costs obtained here are at least three times more than those derived …

image of man has been that of the economic man, but this prototype deals only with people or their goods. Welfare analysis …