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Crime has tangible economic costs. It also has less understood and likely sizable intangible costs. In particular, widespread crime has the potential to weaken trust between citizens and institutions, undermine government reform efforts, and become an obstacle to development. Yet, the impact of...
Persistent link: https://www.econbiz.de/10010653710
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 …
Persistent link: https://www.econbiz.de/10010720116
The paper studies the relationship between inequality and economic growth. This is done in a two sector model of endogenous growth with agents characterized by heterogeneity of factor endowments. The private sector consists of a large number of competitive ¯rms who produce the only ¯nal good...
Persistent link: https://www.econbiz.de/10008614709
This paper develops a model for analysing problems related to centralisation and decentralisation. The model is of the new economic geography type, in which there are agglomeration gains in cities but not in rural areas. These gains are counteracted by residential preferences. We show that, even...
Persistent link: https://www.econbiz.de/10009019274
Religious and ethnic minorities across the world face partisan treatment with regard to provision of public goods, either as outcome of discriminatory practices or due to historical antecedents, such as the caste and religious divides in India. In several districts of West Bengal in India...
Persistent link: https://www.econbiz.de/10009371865
We investigate the welfare implications of property taxation. We apply a sufficient statistics approach that accounts … effects. Simulations of the welfare effects of property taxes reveal that the price effects of property tax hikes are …
Persistent link: https://www.econbiz.de/10014635345
We investigate the welfare implications of property taxation. We apply a sufficient statistics approach that accounts … effects. Simulations of the welfare effects of property taxes reveal that the price effects of property tax hikes are …
Persistent link: https://www.econbiz.de/10015045488
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