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Products with negative externalities are often subject to regulations that limit competition. The single-product case …
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We introduce intergenerational transfers into a general equilihrium life-cycle model in order to explain observed levels of wealth heterogeneity. In our overlapping generations model, heterogenous agents face uncertain lifetime and leave both accidental and voluntary bequests to their cinldren....
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externalities. By randomizing product prices, we identify the optimal tax vector as an alternative policy and show that sizable …
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externalities. By randomizing product prices, we identify the optimal tax vector as an alternative policy and show that sizable …
Persistent link: https://www.econbiz.de/10012206579
externalities. By randomizing product prices, we identify the optimal tax vector as an alternative policy and show that sizable …
Persistent link: https://www.econbiz.de/10012208922