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This paper studies how society votes on the payroll taxes of a basic income and a social health insurance scheme. Individuals differ along the two most important dimensions when it comes to the design of the two welfare schemes, namely, income and risk. Even though the introduction of a basic...
Persistent link: https://www.econbiz.de/10010439162
Much economic analysis derives policy recommendations based on social welfare criteria intended to model the preferences of a policy maker. Yet, little is known about policy maker's normative views in a way amenable to this use. In a behavioral experiment, we elicit German legislators' social...
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inequality aversion parameter, the optimized rules provide a higher social welfare than the current rule, with the exception of …
Persistent link: https://www.econbiz.de/10012228537
inequality aversion parameter, the optimized rules provide a higher social welfare than the current rule, with the exception of …
Persistent link: https://www.econbiz.de/10012253655
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Mircrosimulation models (MSM) and Computable General Equilibrium models (CGE) have both been widely used in policy analysis. The combination of these two model types allows the utilisation of the advantages of both types. The aim of this paper is to describe the state-of-the-art in simulation...
Persistent link: https://www.econbiz.de/10010297030
The paper tries to shed some light on the problems of centralization and decentralization within an economic union and the federal member states. Integration and decentralization are not opposite policy strategies but both meaningful if the single public goods and services supplies are analyzed...
Persistent link: https://www.econbiz.de/10010270846