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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/10011608676
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
We construct a tractable endogenous growth model with production externalities in which the public capital stock augments investment specific technological change. We characterize the first best fiscal policy and show that there exist several labor and capital tax-subsidy combinations that...
Persistent link: https://www.econbiz.de/10011807670
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