Showing 1 - 10 of 954
This paper provides a novel justification for using a minimum wage to supplement an optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage can be socially beneficial by...
Persistent link: https://www.econbiz.de/10010402108
effects of alternative government debt levels and adjustment policies on macroeconomic aggregates and welfare. We find that …
Persistent link: https://www.econbiz.de/10013056838
analyses the effects both on consumers' welfare and on total emissions of some pollutants; for a thorough assessment of the …
Persistent link: https://www.econbiz.de/10014131431
goal generally implies lower taxes than do efficiency or welfare maximization. In fact, the optimal paternalistic tax is …
Persistent link: https://www.econbiz.de/10014131856
This study provides an ex-ante analysis of the welfare effect from the improvement of border road infrastructure in … local prices of imported rice taking into consideration the simulated price changes effect on household welfare across … rural than urban households. Such policies would likely produce larger welfare gains for poorer households than richer …
Persistent link: https://www.econbiz.de/10011499919
We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched … welfare because more agents find themselves in a cooperative relationship. We characterize the conditions for which increasing … competition increases overall welfare. In particular, this is always the case when the incentives for defection are high. …
Persistent link: https://www.econbiz.de/10013331070
We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched … welfare because more agents find themselves in a cooperative relationship. We characterize the conditions for which increasing … competition increases overall welfare. In particular, this is always the case when the incentives for defection are high. …
Persistent link: https://www.econbiz.de/10014458804
setting the two policy instruments have different welfare effects. For a strong green policy (a severe reduction of the dirty …
Persistent link: https://www.econbiz.de/10011438300
Persistent link: https://www.econbiz.de/10011880008
This paper develops a framework for evaluating the welfare impact of various interventions designed to increase take … optimization frictions that are greater for needier individuals, suggesting that the poor targeting properties of the interventions … reduce their welfare gains. …
Persistent link: https://www.econbiz.de/10011869003