consumption, investment, and welfare of farmers in developing countries. Weather insurance has the potential to provide large … welfare gains, equivalent to a permanent increase in consumption of almost 17%. Moreover, it can allow for the adoption of … riskier but more productive seeds, further enhancing welfare. The interplay with other uninsured risks, the presence of …

social welfare. The quantitative implications of income tax progressivity increments are illustrated for the US economy under … effects (lower GDP growth and lower income inequality); and welfare effects (lower dispersion of consumption across …

effects on economic inequality and welfare. For that purpose we built a general equilibrium heterogeneous-agent model capable … wealth. The results show a quite impressive positive welfare gain despite significant transition costs. The simulations point … economy evolves to its final steady state equilibrium. Overall, the welfare gains are slightly biased towards wealthier …

German welfare system and identify differences in the effects determined by unobservable factors. Based on comprehensive and …

The article analyzes the welfare impact of Germany's tenant protection law. It shows why tenants do not demand …

This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation … past consumption. Although utility may be lower in the presence of consumption externalities, the welfare loss relative to …. However, there are relatively important differences in the timing of the welfare loss and in generational welfare. …