This paper summarized the theory of welfare economics and natural resource allocation, and illustrated how application …

increase in welfare of about $39,124 per year. However, the Net Present Value (NPV) of the recreational fishing benefits was …

scholarship from the national community empowerment program (PNPM) for enchancing the welfare of rural independent society ….In discussing the effect of financing to increase the welfare way of sampling in this research is by using simple random sampling … increase in welfare with the financing of the National Program for Community Empowerment (PNPM) Stabat independent rural …

: should fiscal policy pre-announce tax reforms before their implementation from a welfare point of view? Domeij and Klein … (2005) show that pre-announcement of an optimal tax reform is costly in terms of welfare. We reexamine their claim by taking … productive government spending is likely to reduce the welfare costs of preannouncement. As a further contribution, we show that …

exchange rate movements, international price level differentials, output stimulation, and welfare effects. Since Mundell (1963 … entire absence of microfoundations results in the use of ad-hoc welfare criteria for the evaluation of alternative policy … microfoundations with the MF assumption of nominal rigidities. This approach allows for an explicit welfare analysis on the basis of …

effects of fiscal policy, the main focus lays on two potential policy targets: output stabilization and overall welfare. Our … if the majority of the firms follow this kind of pricing behavior. In terms of overall domestic welfare, we show that for … positive values of PTM, the combination of these two effects results in welfare losses of domestic households. Altogether …