Showing 1 - 10 of 429,017
Persistent link: https://www.econbiz.de/10010385374
end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …. Inequality and group income are positively correlated for poor groups, but negatively correlated for rich groups. There is very … strong path dependence: inequality in early periods is strongly negatively correlated with group income in later periods …
Persistent link: https://www.econbiz.de/10010409781
Persistent link: https://www.econbiz.de/10013283168
-national governments. We look at a model where districts of different size provide local public goods with positive spillovers. Matching …
Persistent link: https://www.econbiz.de/10010365894
Persistent link: https://www.econbiz.de/10000968496
Persistent link: https://www.econbiz.de/10011305242
spatially differentiated competition is characterized by sorting, crowding-in, and an absence of spillovers: Donors sort …
Persistent link: https://www.econbiz.de/10012105442
We develop a two-region model where the decentralized provision of spillover goods can be financed by means of taxes or user fees. In order to enforce the fees regions have to invest in exclusion. We show that a decentralized solution tends to be inefficient. There will be over-investment in...
Persistent link: https://www.econbiz.de/10011402495
We study how the distribution of income among members of society, and income inequality in particular, affects social … income, and decreases (increases) with income inequality if and only if environmental goods and manufactured goods are … income inequality. We derive adjustment factors for benefit transfer to control for differences in income distributions …
Persistent link: https://www.econbiz.de/10011440728
Persistent link: https://www.econbiz.de/10000148229