Showing 1 - 10 of 445
This paper provides a normative appraisal of the Canadian equalization transfers system. For that sake, the two-dimensional dominance criteria introduced by Atkinson and Bourguignon(RES, 1982) are used to compare the distributions of private and public good before and after equalization...
Persistent link: https://www.econbiz.de/10005292378
We examine the evolution of the distributions of wealth and income in a Ramsey model in which agents differ in their initial capital endowment and where the labor supply is endogenous. The assumption that the utility function is homogeneous in consumption and leisure implies that the...
Persistent link: https://www.econbiz.de/10005292379
In this paper, individuals, initially living in a Mirrleesian economy A, have outside options consisting in settling down in a laissez-faire country B while paying positive migration costs. We first examine the impact of the threat of migration, assuming participation constraints are taken into...
Persistent link: https://www.econbiz.de/10005292380
Les transferts et la redistribution publics créent une part importante de la distribution du revenu et sont un sujet majeur de la politique et de l’éthique sociale, et donc de l’économie publique et de l’économie normative. Le critère d’unanimité des jugements bien considérés...
Persistent link: https://www.econbiz.de/10005292381
Considering an economy with two goods {a private good and a household good with a variable degree of publicness {and identical individuals, the paper investigates the implications for economies of size of two extreme households' decision rules: (i) the cooperative model, where households...
Persistent link: https://www.econbiz.de/10005292382
Nous estimons 6 modèles où interviennent d’une manière tantôt substituable tantôt complémentaire trois facteurs de non-emploi : la faiblesse des incitations financières, une productivité inférieure au coût du Smic et des dysfonctionnements du marché du travail. L’étude du...
Persistent link: https://www.econbiz.de/10005292383
Dans ce papier, nous analysons le processus d'accumulation de capital humain sur le cycle de vie des individus sous l'hypothèse d'incertitude. Pour cela, nous développons un modèle de programmation dynamique en temps continu dans lequel plusieurs sources d'incertitude sont prises en compte....
Persistent link: https://www.econbiz.de/10005292384
The average voting procedure reflects the weighted average of expressed opinions in [0,1]. Participants typically behave strategically. We evaluate the discrepancy between the average taste and the average vote. If the population is sufficiently large, it is possible to contruct approximations...
Persistent link: https://www.econbiz.de/10005292385
This paper contrasts conventional real GDP and price indicators of individual living standard, interpreted as revealing information on individual welfare, with others, that aim at reflecting individual freedom. It is argued that freedom-based indices are easier to use and interpret than...
Persistent link: https://www.econbiz.de/10005292386
This paper examines the validity of the “folk” intuition that endogenous formation of jurisdictions is likely to create stratification of households according to their wealth. More specifically, we examine a simple model of jurisdiction formation, close in spirit to that of Whestoff ([27]),...
Persistent link: https://www.econbiz.de/10005292387