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This paper makes use of a natural experiment to examine effects of potential capital losses and general attractiveness of pension schemes on employees' propensity to change jobs. On January 1st 2004, the two largest pension funds in the Netherlands, for civil servants and for the health care...
Persistent link: https://www.econbiz.de/10011688514
This paper makes use of a natural experiment to examine effects of potential capital losses and general attractiveness of pension schemes on employees' propensity to change jobs. On January 1st 2004, the two largest pension funds in the Netherlands, for civil servants and for the health care...
Persistent link: https://www.econbiz.de/10011671038
Persistent link: https://www.econbiz.de/10012024220
emerging social choice theory -, two conflicting ways of dealing with mathematical tools in welfare economics and, above all …
Persistent link: https://www.econbiz.de/10011610213
We propose a formal re-definition of the concept market failure based on the idea of the imperfect state. In the Neo-classical taxonomy, a decentralized regime of exchange is a market failure if its laissez faire equilibrium solution is welfare-dominated by a technically feasible alternative. If...
Persistent link: https://www.econbiz.de/10010530527
The social cost of carbon (SCC) is a monetary measure of the harms from carbon emission. Specifically, it is the reduction in current consumption that produces a loss in social welfare equivalent to that caused by the emission of a ton of CO2. The standard approach is to calculate the SCC using...
Persistent link: https://www.econbiz.de/10011518115
Persistent link: https://www.econbiz.de/10014248176
economists had done "work of high quality and great quantity in the field of taxation," the theory of public expenditure had been … inquiries. Indeed, by the mid-1980s the 'public expenditure theory' lacuna lamented by Samuelson had largely been filled with … explain this transformation, locating its origins in Richard Musgrave's normative theory of the public household and the …
Persistent link: https://www.econbiz.de/10013411358
Persistent link: https://www.econbiz.de/10000414833
Persistent link: https://www.econbiz.de/10000978317