Showing 1 - 10 of 34
Our analysis yields some conclusions about the political role of regions in the formation of supranational economic areas, which turns out to be quite different from the role of nations. The claim that regions have more incentives than nations to attain a fiscal agreement implying full economic...
Persistent link: https://www.econbiz.de/10005731426
Fighting poverty is one of the main goals in the most societies. This is usually done by the transferring resources to the poor. There exists a widespread view that the European countries are more generous to the poor than the United States. We study whether this is really the case. Firts we...
Persistent link: https://www.econbiz.de/10005515950
We develop a simple model in which individuals migrate freely among regions. In each region there is a majority voting procedure that determines a proportional taxation on earnings which finances a uniform transfer for each of the agents. Equilibrium requires that no one wishes to migrate and...
Persistent link: https://www.econbiz.de/10005731313
adequate redistribution in favor of their own children at some time in the future. …
Persistent link: https://www.econbiz.de/10005731323
The study is carried out within the objectives of equality that the housing policymust pursue. It will analyse whether the intervention in the housing market of thevarious designated budgets produces any compensation of the inequalities, in terms ofavailable income. It will attempt to analyse...
Persistent link: https://www.econbiz.de/10005812839
We develop a model of spatial political competition with ideological parties and uncertainty. The political issue is the income tax rate and the amount of a public good. The ideology of each party is determine endogenously. We show that the tax rate does not coincide with the ideal policy of the...
Persistent link: https://www.econbiz.de/10005212609
In economies with public goods, and agents with quasi-linear preferences, we give a characterization of the welfare egalitarian correspondence in terms of three axioms: Pareto optimality, symmetry and solidarity. This last property requires that an improvement in the ability to exploit the...
Persistent link: https://www.econbiz.de/10005515903
with a provision point may have on equilibrium selection and efficiency. A control treatment reveals that, as in the … significant efficiency-enhancing effect. Once the Pareto-dominant equilibrium in the second stage is reached, the auction price at …
Persistent link: https://www.econbiz.de/10005731331
This paper extends the notion of valuation equilibrium which applies to market economies involving the choice of a public environment. Unlike some other recent work, it is assumed here that consumers and firms evaluate alternative environments taking market prices as given (hence this notion is...
Persistent link: https://www.econbiz.de/10005731385
Experimental and empirical evidence identifies the existence of socialpreferences and proposes competing models of such preferences. In this paper, wefurther examine one such social preference: conditional cooperation. We run threeexperimental public goods games, the traditional voluntary...
Persistent link: https://www.econbiz.de/10005731433