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Environmental policy and capital movements : the role of government commitment
Marsiliani, Laura; Renström, Thomas I. - 2003
the effects of two different constitutions (commitment or no commitment in tax policy), as well as income inequality …
Persistent link: https://www.econbiz.de/10011589500
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Education policies and taxation without commitment
Findeisen, Sebastian; Sachs, Dominik - 2014 - This version: May 27, 2014
We study the implications of limited commitment on education and tax policies chosen by benevolent governments. Individual wages are determined by both innate abilities and education levels. Consistent with real world practices, the government can decide to subsidize different levels of...
Persistent link: https://www.econbiz.de/10011490537
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Globalization and human capital formation
Andersson, Fredrik; Konrad, Kai A. - 2001
This paper compares education investment in closed and open economies without government and with a benevolent government. The fact that the time consistency problem in taxation can make labor mobility beneficial even if governments are fully benevolent - which is known from other contexts - is...
Persistent link: https://www.econbiz.de/10011339674
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Climate policy and inequality in two-dimensional political competition
Marz, Waldemar - 2019
This paper examines how income inequality can affect the polarization of heterogeneous party platforms on climate … distributional implications) and an income tax is combined with a model of a carbonintensive economy. For a higher inequality of pre … equilibrium can increase - even if the income tax is used to counteract the increase in income inequality. This result does not …
Persistent link: https://www.econbiz.de/10012137387
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Environmental policy in an integrated world economy
Schulze, Günther G.; Ursprung, Heinrich W. - 1998
This paper critically assesses the literature on the relationship between economic integration and the environment. In particular, we investigate how trade liberalisation and capital market integration affect environmental policy and thus environmental quality. Conversely, we also study how...
Persistent link: https://www.econbiz.de/10011608396
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Alternate solutions in mixing energy tax/subsidy and emission control policies
Heydari, Shahriar Shah; Vestergaard, Niels - 2015
In this article, we look at the combination of several market-based climate and energy policies and compare them with first best solution, i.e., a perfectly designed emission tax or emission cap level. It is shown that in the case an emission control policy is imperfect designed or implemented,...
Persistent link: https://www.econbiz.de/10010490124
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Anatomy of policy complementarities
Orszag, Jonathan Michael; Snower, Dennis J. - 1999
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...
Persistent link: https://www.econbiz.de/10010273118
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Anatomy of policy complementarities
Orszag, Jonathan Michael; Snower, Dennis J. - 1999
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...
Persistent link: https://www.econbiz.de/10011295418
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On the Inefficiency of Inequality
Schiff, Maurice - 2004
depending on other people?s consumption levels and shows that welfare declines with inequality, equilibrium inequality is …
Persistent link: https://www.econbiz.de/10010262032
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Optimal taxation under different concepts of justness
Jessen, Robin; Metzing, Maria; Rostam-Afschar, Davud - 2017
A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We reconcile...
Persistent link: https://www.econbiz.de/10011729171