Showing 1 - 10 of 23
Persistent link: https://www.econbiz.de/10003564623
This paper studies the aggregate and distributional implications of introducing user fees for publicly provided excludable public goods into a model with consumption and income taxes. The setup is a neoclassical growth model where agents differ in earnings and second-best policy is chosen by a...
Persistent link: https://www.econbiz.de/10009571131
Persistent link: https://www.econbiz.de/10011287718
In this paper, we study a two-country dynamic setup with environmental externalities and potential model misspecification in relation to this public good. Under model uncertainty, robust policies help to correct the inefficiencies associated with free riding on public good provision, implying...
Persistent link: https://www.econbiz.de/10009682338
Persistent link: https://www.econbiz.de/10001743762
We reconsider the conventional wisdom that, in the presence of public goods and distortionary taxation, Nash tax rates are inefficiently low due to free riding. We use a model in which the public good is natural resources. Specifically, a general equilibrium model of a world economy, in which...
Persistent link: https://www.econbiz.de/10001539810
Persistent link: https://www.econbiz.de/10009300482
This paper studies the difference between public production and public finance of public goods in a dynamic general equilibrium setup. By public finance, we mean that the public good is produced by private providers with the government financing their costs. When the model is calibrated to match...
Persistent link: https://www.econbiz.de/10013123836
We reconsider the conventional wisdom that, in the presence of public goods and distortionary taxation, Nash tax rates are inefficiently low due to free riding. We use a model in which the public good is natural resources. Specifically, a general equilibrium model of a world economy, in which...
Persistent link: https://www.econbiz.de/10009781630
This paper studies the difference between public production and public finance of public goods in a dynamic general equilibrium setup. By public finance, we mean that the public good is produced by private providers with the government financing their costs. When the model is calibrated to match...
Persistent link: https://www.econbiz.de/10009130257