. We also show that international asset trade increases welfare if it increases the risk-adjusted growth rate. This is … always the case in our model, but the effect may be close to negligible. The welfare gain is smaller the higher the …

profits. Balanced growth paths, transitional dynamics and welfare costs are computed. Our results indicate that the 2000 … Income Tax Act leads to higher per capita income and investment, but lower welfare. A sensitivity analysis shows the results …

individual welfare would be directly affected by policy measures designed to make consumption sustainable. Such policy measures … are likely to also trigger indirect welfare losses by negative employment effects. The policy debate therefore needs to … pay attention to both direct and indirect welfare effects. As a concrete proposal a redesign of consumption taxes is …

-environment (pressure on environmental resources, environmental investment) environment - social (human welfare, health care by maintaining …

In this paper, the attributes and variables that characterize the development and welfare of rich countries (EU27) are … instruments used for assessing and comparing the levels of economic welfare. En este trabajo se revisan los atributos y variables …

predicated via three sub-chains (i) from marketization to growth, (ii) from growth to overall material development welfare and … (iii) from material development to social welfare and democracy. We examine each of these sub-links in detail with a view …