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This paper examines the effects of a unilateral reform of the redistribution policy in an economy open to international …-reforming trading partner, the unilateral redistribution policy reform resembles a unilateral increase in trade costs leading to a …
Persistent link: https://www.econbiz.de/10012619449
Many important questions in the field of public finance can be viewed as problems involving public policies in open economies. This paper draws together, from that perspective, a wide range of topics in public economics, emphasizing the implications of resource mobility for our understanding of...
Persistent link: https://www.econbiz.de/10012489638
This paper investigates the effects of the UK privatization process by estimating changes in household welfare on the … basis of real relative price changes. As measured on the basis of price changes at the consumer level, privatization has … noted that the role of privatization is more limited, being between 15% and 50% of the total welfare change obtained after …
Persistent link: https://www.econbiz.de/10005582203
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It is not straightforward to define the ethics of responsibility in cases where the consequences of changes in factors within our control are partly determined by factors beyond our control. In this paper, we suggest that one plausible view is to keep us responsible for the parts of the...
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