Fiscal externalities arise if subsidies to higher education raise future net fiscal revenues. We investigate in which countries fiscal externalities provide a justification for increasing subsidies to higher education. First, we show that the marginal fiscal recovery rate, i.e. the ratio of the...

Although public appropriations to higher education and tuition rates are set under alternative arrangements, the optimal allocation is readily achievable. The decentralized linear-subsidy case produces an externality that reduces joint welfare below the centralized (first-best) case, but when...

Swiss climate policy consists of three regulatory instruments for greenhouse gas emissions reduction: A CO 2 levy, the Swiss Emissions Trading System (CH EHS), and an additional nonEHS" program for medium-sized plants that consists of command-and-control elements plus a sizeable abatement...

Preface -- Part I: Introduction -- 1 Context, Purpose and Structure of the Book.- 2 State Aid for Newspapers.- Part II: Theories -- 3 State Support for News -- 4 Industrial Subsidies -- 5 Newspaper Subsidies and Journalistic Quality -- 6 State Aid to the Press in the EU -- 7 Press Governance.-...