In the world, there are three models that inspire administration of juvenile justice: • The Welfare Model • The …

We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of … in productivity is not innocuous: it leads to a doubling of the welfare cost of inflation. …

The study of welfare participation in the U.S. prior to the 1996 welfare reform act and even afterward has focused on …, there is no study yet that tests for difference in welfare usage among immigrant groups and immigrant status. We do not … expect welfare usage to differ among immigrant groups if we control for the factors that should predict welfare usage …

welfare as well. …

slightly decrease over time. There is a negligible loss in welfare, however, from immediately setting the R&D subsidy to its …

: should fiscal policy pre-announce tax reforms before their implementation from a welfare point of view? Domeij and Klein … (2005) show that pre-announcement of an optimal tax reform is costly in terms of welfare. We reexamine their claim by taking … productive government spending is likely to reduce the welfare costs of preannouncement. As a further contribution, we show that …