We analyze the welfare implications of property taxation. Using a sufficient statistics approach, we show that the tax … inelastic. Combining reduced form estimates with our theoretical framework, we simulate the welfare effects of property taxes …

prices versus tradable quantities in terms of expected welfare, given uncertainty, optimal policy and endogenous cost … structure. I show that one cannot determine which regulatory instrument that induces the highest expected welfare based on the …

terms of the quality of public goods are made done by a central planner. More specifically, he asks the question of whether …. Through a comparison of social welfare given the strategies chosen by local governments, the author shows that whatever the …

terms of a public good quality are done by a central planner. More specifically, they ask the question whether a local …, through a comparison of social welfare given the strategies chosen by the locals governments, that whatever the quality of the …

such a net brain gain results in an increase in welfare and growth due to education’s positive externalities. This paper …) the impact on welfare and growth is smaller as well (for any brain gain size); iii) a positive brain gain is likely to … the stock of human capital may have a negative impact on welfare and growth; and v) in a dynamic framework, the paper …

to discuss welfare effects of two policy instruments: a pure public good and a publicly provided private good. This … when they are jointly used. The publicly provided private good is proved to be welfare enhancing when it is used as the …

factors that determine skill distribution and income disparity between cities, the impacts of income disparity on welfare …