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Persistent link: https://www.econbiz.de/10005067889
We present a well-defined generalisation of the core to coalitional games with externalities, where the value of a …
Persistent link: https://www.econbiz.de/10005068015
The ad valorem versus unit taxes debate has traditionally emphasized tax yield. For this criterion, ad valorem taxes outperform unit taxes in terms of welfare for a wide range of imperfect competition settings, including Dixit-Stiglitz monopolistic competition. Yet, in a number of policy fields,...
Persistent link: https://www.econbiz.de/10005068803
This paper examines whether schooling has a positive impact on individual's political interest, voting turnout, democratic values, political involvement and political group membership, using the German General Social Survey (ALLBUS). Between 1949 and 1969 the number of compulsory years of...
Persistent link: https://www.econbiz.de/10005068923
The paper investigates how marriage rates and the gains to marriage are affected by city size in three societies, medieval Tuscany, China in 1980 and the United States in 2000. Internal migration was severely limited in China until the late seventies. Population supplies in each US city were...
Persistent link: https://www.econbiz.de/10005069357
externalities imply that Nash tax rates are inefficiently high and increase with the size of population (Copyright: Elsevier) …
Persistent link: https://www.econbiz.de/10005069615
Existing studies have explored either only one or two of the mechanisms that human capital externalities percolate at … labor market externalities, Jacobs labor market externalities, and thickness of the local labor market. We find that all … types of human capital externalities are significant across census tracts and blocks. Marshallian labor market externalities …
Persistent link: https://www.econbiz.de/10005074081
There are constraints on pricing congestible facilities. First, if heterogeneous users are observationally indistinguishable, then congestion charges must be anonymous. Second, the time variation of congestion charges may be constrained. Do these constraints undermine the feasibility of marginal...
Persistent link: https://www.econbiz.de/10005074103
Consider an urban economy with two types of externalities, negative traffic congestion externalities and positive … agglomeration externalities deriving from non-market interaction. Suppose that urban travel can be tolled, that non …
Persistent link: https://www.econbiz.de/10005074144
The contribution of this paper is to show that a simple nonlinear tax can achieve a long-run socially optimal level of pollution without the regulator knowing marginal abatement costs. Firms are charged their differential contribution to total damages, evaluated at the upper margin of current...
Persistent link: https://www.econbiz.de/10005075609