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Improved health in low-income countries could considerably improve wellbeing and possibly promote economic growth. The last decade has seen a surge in field experiments designed to understand the barriers that households and governments face in investing in health and how these barriers can be...
Persistent link: https://www.econbiz.de/10014023421
This paper examines the complications posed by pre-existing tax distortions in the economy, for the evaluation of a variety of subsidy policies that affect the environment. These complications include not only the efficiency cost of financing the subsidy by distortionary taxation, but also the...
Persistent link: https://www.econbiz.de/10005711257
A recent study of the welfare state in Sweden, Rosen (1995, 1996, 1997), concludes that child care subsidies may lead … extend Rosen's model, we analyze the case of positive externalities associated with child quality. The positive externality … provides a rationale for child care subsidies, as expected, and also influences the optimal income tax rate. …
Persistent link: https://www.econbiz.de/10004980969
mandates, subsidies, import barriers, binary sustainability standards, and indirect land use measures, we identify many … hence the food-fuel trade-off, the contradictory effects of combining mandates with different subsidies, the various …
Persistent link: https://www.econbiz.de/10010823014
We consider environmental regulation in a context where firms invest in abatement technology under conditions of uncertainty about subsequent abatement cost, but can subsequently adjust output in the light of true marginal abatement cost. Where an emissions tax is the only available instrument,...
Persistent link: https://www.econbiz.de/10011154597
We address the issue of optimal growth when standard-of-living aspirations are transmitted from one generation to the next. We derive the condition for the optimal solution to be stable in the saddle-point sense and show that this optimal solutionmay display damped oscillations even when the...
Persistent link: https://www.econbiz.de/10005474443
This paper examines the generation of earnings distributions using a labour supply framework in which individuals face piecewise-linear budget constraints. The possible implications for the distribution of earnings within a population consisting of single individuals having a joint distribution...
Persistent link: https://www.econbiz.de/10008565302
This paper illustrates the use of real options principles to value prototypical resource and industryinvestment projects. It captures important competitive/strategic dimensions in a step-by-stepanalysis of investment decisions (options) under uncertainty. It compares and contrasts...
Persistent link: https://www.econbiz.de/10005789845
Persistent link: https://www.econbiz.de/10012318730
Persistent link: https://www.econbiz.de/10011723831