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Harberger triangles are used to calculate the efficiency costs of taxes, government regulations, monopolistic practices, and various other market distortions. This paper considers the historical development of Harberger triangles, the associated theoretical controversies, and the contribution of...
Persistent link: https://www.econbiz.de/10013237933
Harberger triangles are used to calculate the efficiency costs of taxes, government regulations, monopolistic practices, and various other market distortions. This paper considers the historical development of Harberger triangles, the associated theoretical controversies, and the contribution of...
Persistent link: https://www.econbiz.de/10012471960
Persistent link: https://www.econbiz.de/10001742691
of unemployed workers: the socially optimal number of unemployed workers depends both of matching externalities and on …
Persistent link: https://www.econbiz.de/10001510628
of unemployed workers: the socially optimal number of unemployed workers depends both of matching externalities and on …
Persistent link: https://www.econbiz.de/10011336862
externalities, i.e., each individual is unable to change the welfare of anyone else. The characterization is used to derive …, elimination of externalities with public goods implies that individuals cannot change the outcome. Hence, such mechanisms provide …
Persistent link: https://www.econbiz.de/10008857742
Persistent link: https://www.econbiz.de/10009633467
This paper discusses a number of issues centred around the evaluation of the benefits and costs of transport. It is argued that, for various reasons, transport cannot be treated as an ‘ordinary’ economic sector, and in the paper the policy implications of a number of the sector’s...
Persistent link: https://www.econbiz.de/10010339448
Persistent link: https://www.econbiz.de/10001579926