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Carraro, Carlo; Marchiori, Carmen - 2002

This paper examines recent theoretical developments of the theory of coalition stability. It focuses on the …

Persistent link: https://www.econbiz.de/10011596053

Persistent government debt and aggregate risk distribution

Croce, Mariano M.; Nguyen, Thien T.; Raymond, Steve - 2019

When government debt is sluggish, consumption exhibits lower expected growth, more long-run uncertainty, and more long-run downside risk. Simultaneously, the risk premium on the consumption claim (Koijen et al. (2010), Lustig et al. (2013)) increases and features more positive (adverse)...

Persistent link: https://www.econbiz.de/10012101815

The impact of anti-congestion policies and the role of labor-supply margins

Hirte, Georg; Tscharaktschiew, Stefan - 2018 - This version: October 22, 2018

Transportation economists apply different labor supply models when studying anti-congestion policy: (i) endogenous working hours; (ii) endogenous workdays but given daily working hours; (iii) labor supply as a residual. We study whether the outcome of anti-congestion policies that change the...

Persistent link: https://www.econbiz.de/10011922149

Recycling Energy Taxes. Impacts on a Disaggregated Labour Market

Bosello, Francesco; Carraro, Carlo - 2014

and employment. The investigation is carried out using an econometric general equilibrium model in which the labour market … reform is more effective, in terms of employment gains, when the fiscal revenue is used to reduce gross wages of all employed … workers as a mild substitutability relationship among skilled and unskilled workers is identified, (ii) the employment …

Persistent link: https://www.econbiz.de/10014172877

Legislative Organization and Administrative Redundancy

Doran, Michael - 2012

economic development, and 47 programs to provide employment and job-training services. Recent high-profile legislation – such … constructs an organizational theory that attributes redundancy in administrative programs to the congressional committee system …

Persistent link: https://www.econbiz.de/10014178275

A Short Note on Business Cycles of Underground Output : Are They Asymmetric?

Eng, Yoke-Kee; Chin-Yoong - 2010

This short note as the first study investigates the symmetry of fluctuations of underground output around trend for four selected Southeast Asian countries, that is, Malaysia, Indonesia, Thailand, and Philippines, over the time horizon of 1970-2006. In particular, we test if the underground...

Persistent link: https://www.econbiz.de/10014197124

Emission Trading Restrictions with Endogenous Technological Change

Buonanno, Paolo; Carraro, Carlo; Castelnuovo, Efrem; … - 2015

In this paper we use a simple climate model with endogenous environmental technical change in order to analyse the effects on equity and efficiency of different degrees of restrictions on trade in the market for pollution permits. The model is obtained by incorporating in Nordhaus and Yang...

Persistent link: https://www.econbiz.de/10014152006

Wealth Taxation and Economic Growth

Ihori, Toshihiro - 2001

This paper investigates the effect of wealth taxation on economic growth using an endogenous growth model with the altruistic bequest motive. We introduce intragenerational productivity differentials of human capital formation, resulting in differences of growth rates among individuals. The...

Persistent link: https://www.econbiz.de/10014140677

The Case for International Tax Co-Ordination Reconsidered

Sorensen, Peter Birch - 2001

In a world of high capital mobility, governments may be tempted to undercut each other's capital income taxes to attract capital from abroad. Since such tax competition may have detrimental effects for all countries, European policy makers have debated the introduction of a minimum capital...

Persistent link: https://www.econbiz.de/10014143527

Information Costs of Externality Control Instruments

Nussim, Jacob - 2014

Externality problems usually cannot find their solution in markets. Hence, Pareto optimality generally requires control of externality-producing behavior. Several legal instruments offer such control, most prominently quantity regulation and Pigouvian taxes. The economic and legal literatures...

Persistent link: https://www.econbiz.de/10014148701