Similar Search Results

Optimal Taxation and Debt with Uninsurable Risks to Human Capital Accumulation

Gottardi, Piero - 2015

We consider an economy where individuals face uninsurable risks to their human capital accumulation and study the problem of determining the optimal level of linear taxes on capital and labor income together with the optimal path of the debt level. We show both analytically and numerically that...

Persistent link: https://www.econbiz.de/10013026068

Using Social Fundraising to Raise Donor Contributions Through Sharing

Phillips, Joseph - 2014

The Charitable Profit Arrangement (the CPA program) has created an innovative new Social Fundraising tool serving the Donor and nonprofit worlds. It serves as an intermediary that facilitates fundraising for charities by allowing Donor's to Share the profits from their financial accounts with...

Persistent link: https://www.econbiz.de/10012708701

The neoclassical model and the welfare costs of selection

Collard, Fabrice; Licandro, Omar - 2021

This paper embeds firm dynamics into the Neoclassical model and provides a simple framework to solve for the transitional dynamics of economies moving towards more selection. As in the Neoclassical model, markets are perfectly competitive, there is only one good and two production factors...

Persistent link: https://www.econbiz.de/10012603140

The Neoclassical Model and the Welfare Costs of Selection

Collard, Fabrice; Licandro, Omar - 2021

Persistent link: https://www.econbiz.de/10013215673

Subjective well-being and income : is there any evidence of satiation?

Stevenson, Betsey; Wolfers, Justin - 2013 - This draft: April 16, 2013

Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...

Persistent link: https://www.econbiz.de/10009736745

Subjective Well-Being and Income : Is There Any Evidence of Satiation?

Stevenson, Betsey; Wolfers, Justin - 2021

Many scholars have argued that once “basic needs” have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing...

Persistent link: https://www.econbiz.de/10013315787

Optimal Taxation and Constrained Inefficiency in an Infinite-Horizon Economy with Incomplete Markets

Gottardi, Piero; Kajii, Atsushi; Nakajima, Tomoyuki - 2021

We study the dynamic Ramsey problem of finding optimal public debt and linear taxes on capital and labor income within a tractable infinite horizon model with incomplete markets. With zero public expenditure and debt, it is optimal to tax the risky labor income and subsidize capital, while a...

Persistent link: https://www.econbiz.de/10013315974

Self-Serving Dictators and Economic Growth

Haile, Daniel; Sadrieh, Abdolkarim; Verbon, Harrie A. A. - 2021

A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth. We … dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator. No such effect is observed … adverse growth effect of the interaction between the degree and the genesis of inequality. We conclude that economies giving …

Persistent link: https://www.econbiz.de/10013319591

Optimal taxation and debt with uninsurable risks to human capital accumulation

Gottardi, Piero; Kajii, Atsushi; Nakajima, Tomoyuki - Department of Economics, European University Institute - 2014

We consider an economy where individuals face uninsurable risks to their human capital accumulation, and study the problem of determining the optimal level of linear taxes on capital and labor income together with the optimal path of the debt level. We show both analytically and numerically that...

Persistent link: https://www.econbiz.de/10010862111

Second-best national saving and growth with intergenerational disagreement

Gonzalez, Francisco M.; Lazkano, Itziar; Smulders, Sjak A. - Department of Economics, University of Waterloo - 2014

lower growth at the expense of future generations. This is so even with perfect altruism about future generations. …

Persistent link: https://www.econbiz.de/10010862381