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There is a widespread consensus among the most important players in developed countries (voters, politicians, producers, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for sustainable growth. Nevertheless, market-based...
Persistent link: https://www.econbiz.de/10008727290
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-financed insurance. Both views are incomplete. Welfare policies provide both insurance and redistribution in varying amounts, depending … on the design of the policy. We explore the political consequences of the mix of redistribution and insurance in the … unemployment insurance, sickness pay, occupational illness and disability are signinficantly higher in countries with more …
Persistent link: https://www.econbiz.de/10010284489
Persistent link: https://www.econbiz.de/10010548473
-financed insurance. Both views are incomplete. Welfare policies provide both insurance and redistribution in varying amounts, depending … on the design of the policy. We explore the political consequences of the mix of redistribution and insurance in the … unemployment insurance, sickness pay, occupational illness and disability are signinficantly higher in countries with more …
Persistent link: https://www.econbiz.de/10008628201
prevention effort depending on the flood risk and on the insurance system that covers its inhabitants. As compulsory uniform … insurance depends on all insureds' risk, it enables partial integration of prevention externalities by jurisdictions. We … determine under which conditions compulsory uniform insurance Pareto dominates risk-rated insurance. …
Persistent link: https://www.econbiz.de/10011205318
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10013206181
Theoretical papers find that taxes are preferred over individual transferable quotas (ITQs) when fisheries regulators are uncertain about either biological growth or the extent of non-compliance with regulations. However, the size of the welfare gain from switching to taxes has not previously...
Persistent link: https://www.econbiz.de/10012101056
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10013353389
For a sequential, two-period decision problem with uncertainty and under broad conditions (non-finite sample set …
Persistent link: https://www.econbiz.de/10010312368