Similar Search Results

A perspective on Minsky moments: The core of the financial instability hypothesis in light of the subprime crisis

Vercelli, Alessandro - 2009

This paper aims to help bridge the gap between theory and fact regarding the so-called 'Minsky moments' by revisiting …

Persistent link: https://www.econbiz.de/10010281751

Glotzbach, Stefanie - 2011

. Showing that Rawls' 'A Theory of Justice' (1971) can consistently meet the identified demands, I verify that it is an … appropriate theory for deriving a conception of ecological justice. …

Persistent link: https://www.econbiz.de/10010281761

Subadditivity and contestability in the postal sector: Theory and evidence

El Masri, Toufic M. - 2011

the basic conditions of natural monopoly theory and to review the approaches and results of the studies dealing with this …

Persistent link: https://www.econbiz.de/10010281763

Irreversibility, ignorance, and the intergenerational equity-efficiency trade-off

Hoberg, Nikolai; Baumgärtner, Stefan - 2011

We demonstrate the existence of an intergenerational equity-efficiency tradeoff in policy-making that aims at Pareto-efficiency across generations and sustainability, i.e. non-decreasing utility over time. Our model includes two salient characteristics of sustainability problems and policy: (i)...

Persistent link: https://www.econbiz.de/10010281770

A utilitarian notion of responsibility for sustainability

Fünfgelt, Joachim; Baumgärtner, Stefan - 2012

We develop and formalize a utilitarian notion of responsibility for sustainability which is inspired by Singer's (1972) principle and the Brundtland Commission's notion ofsustainability (WCED 1987). We relate this notion of responsibility to established criteria forthe assessment of...

Persistent link: https://www.econbiz.de/10010281771

Incidence of unilateral consumption taxes on world carbon emissions

Eichner, Thomas; Pethig, Rüdiger - 2011

consumption tax in the first period on world carbon emissions. If countries are identical or if the taxing country imports both …

Persistent link: https://www.econbiz.de/10010281774

Can the exchange rate regime influence corruption?

Popkova, Katherina - 2011

This paper analyses the influence of the exchange rate regime of a country on the level of tolerated corruption with a special focus on the interdependency of monetary and fiscal policies. Using a simple theoretical framework based on Barro-Gordon-Model I compare independent monetary policy with...

Persistent link: https://www.econbiz.de/10010281777

The effects of high skilled immigration in a dual labour market with union wage setting and fiscal redistribution

Bonn, Moritz - 2011

We study the effects of high skilled immigration on employment and net income in the receiving economy where the market for low skilled labour is distorted by union wage setting and a redistributive unemployment benefit scheme. Based on the empirical fact that high and low skilled workers are...

Persistent link: https://www.econbiz.de/10010281779

Flattening the carbon extraction path in unilateral costeffective action

Eichner, Thomas; Pethig, Rüdiger - 2011

Internalizing the global negative externality of carbon emissions requires flattening the extraction path of world … fossil energy resources (= world carbon emissions). We consider governments having sign-unconstrained emission taxes at their … disposal and seeking to prevent world emissions from exceeding some binding aggregate emission ceiling in the medium term. Such …

Persistent link: https://www.econbiz.de/10010281780

Competitive trilateral lobbying for and against subsidizing green energy

Pethig, Rüdiger - 2011

A small open economy operates a carbon emission trading scheme and subsidizes green energy. Taking cap-and-trade as given, we seek to explain the subsidy as the outcome of a trilateral tug of war between the green energy industry, the black energy industry and consumers. With parametric...

Persistent link: https://www.econbiz.de/10010281781