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The intermittency of payment for many goods creates a disconnect between paying and consuming such that the marginal price is not always salient when consumption decisions are made. This paper derives optimal dynamic corrective taxes when there are externalities as well as internalities from...
Persistent link: https://www.econbiz.de/10012911462
Resource-dependent households often seek to diversify their income sources, and the labor-leisure tradeoff in such cases has been widely studied. We complement and extend this literature in three ways. First, we allow remittances – the demand for financial assistance from working-age children...
Persistent link: https://www.econbiz.de/10012970847
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The intermittency of payment for many goods creates a disconnect between paying and consuming such that the marginal price is not always salient when consumption decisions are made. This paper derives optimal dynamic corrective taxes when there are externalities as well as internalities from...
Persistent link: https://www.econbiz.de/10012480667
Persistent link: https://www.econbiz.de/10011915473
Persistent link: https://www.econbiz.de/10012534523
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