In this paper we incorporate monitoring and enforcement aspects in the choice of environmental policy instruments in a general equilibrium framework. Goulder et al. (J.Pub.Econ., 1999) look into the choice of policy instruments in the presence of distortionary taxes. We extend this model by no...

In the period 2001-2004 two major reforms followed in Belgium: a personal income tax reform (2001) and a reform of social security contributions for low skilled employees (2004). Using a discrete hours labor supply model, this paper assesses the impact of these reforms on aggregate labor supply...

Deze paper draagt de bouwstenen aan voor een diepgaande analyse van de huurprijsontwikkeling in enkele Belgische steden gedurende de jaren 1800-1920. Nieuw onderzoek in archieven van openbare instellingen (OCMW’s en steden), gecombineerd met reeds gepubliceerd cijfermateriaal, leverde een...

Kakwani [Econometrica, 48, 2 (1980), 437-446)] introduced the S-Gini poverty indices as a generalization of Sen’s poverty index. I propose a sample estimator for the indices and establish its asymptotic normality under weak conditions. An explicit variance formula is presented. The poverty...

We provide a nonparametric ‘revealed preference’ characterization of rational household behavior in terms of the collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a Collective Axiom of Revealed Preference (CARP), which...

This paper proposes a new procedure to determine the time of the prevailing quote relative to the time of the trade for NYSE stock data obtained from the TAQ database. The procedure tests whether the quote revision frequency around a trade is contaminated by quote revisions triggered by a trade,...

We study divisor methods, the primary class to solve apportionment problems, based upon Stolarsky means Saß. These encompass the five traditional methods. We disclose a one-to-one relation between methods of the form Sa1 and aggregate measures of seat/vote disproportionality of the generalized...

We revisit the well-known decomposition of the Gini coefficient into betweengroups, within-groups and overlap terms in the context of two groups in which the incomes in one group may be scaled and that group’s population weight modified. In this more general setting than usual, we focus on the...

Belgium is characterised by a comparatively high tax wedge. Starting from the end of the 90’s there has been a growing concern over the effect of high labour costs on the employment of low skilled workers. One of the most innovative measures implemented by the federal government is the...

This modified version of Salop's (1979) spatial competition model yields clear-cut predictions about the effects of exchange rate shocks on market structure and pass-through. Shocks within the band of inaction do not affect market structure. The upper bound of this range rises as the industry...