improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …

and then study the welfare implications of countries' choices. It turns out that a county with a higher degree of … a higher welfare level. Our results call for coordinated and harmonised immigration policies that may improve the … welfare of both countries. …

We analyze the welfare consequences of an increase in the commissions charged by the organizer of an auction …

number of applications result is due to rent seeking behavior. Sizable welfare gains (15% to 20%) can be realized by … applying for at least one job per period, increases welfare. …

, the welfare increases of the household, as measured by changes in consumption, are larger than when services are provided … confirm. Thus, we find that bundling of services may help realize welfare effects. …

previous receipt of welfare, and, perhaps, not means-tested. Such a design is cheaper, and perhaps better targeted, but … piloted in around one third of the country. It finds that the policy did increase flows off welfare and into work, and that … of the impact arose by speeding up welfare off-flows: the job retention of programme recipients was good, but this cannot …

holds true, we construct a model of unionized duopoly and examine welfare implications of outward FDI by paying special … attention to the role of domestic competition. We find that the welfare effect of FDI is largely non-monotonic, and there are … indeed such things as 'excessive FDI.' We also show that, when FDI reduces welfare, this negative effect arises more at the …