Showing 1 - 10 of 1,892
installation of a “cash for clunkers” subsidy by the German government in 2009 to assess implied disruptions in the German …
Persistent link: https://www.econbiz.de/10012919055
Given that credit and insurance markets are imperfect, and given also that intra-household transfers, and much of the work a child does, are private information, the second-best policy uses a combination of need and merit based education awards, together with a mix of taxes on parental income,...
Persistent link: https://www.econbiz.de/10013142234
In a two-period model, firms specialized in two different sectors lobby to induce the government to subsidize the type of education complementary to their production. Lobbying is endogenous. We show that, if lobbying is not costly, both sectors will lobby in equilibrium and education policy will...
Persistent link: https://www.econbiz.de/10013125068
framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its … the policy substitution problem. Finally, we employ the theory to analyze the Subsidies and Countervailing Measures (SCM …
Persistent link: https://www.econbiz.de/10013100012
subsidy on private LTC insurance. Interestingly, savings (which goes untaxed in the first-best but plays the role of self …
Persistent link: https://www.econbiz.de/10013104574
subsidy can be as efficient as a carbon tax. Within a numerical dynamic general equilibrium model, we analyze CCS and …
Persistent link: https://www.econbiz.de/10013105137
We investigate conditions that aggravate market failures in energy innovations, and suggest optimal policy instruments to address them. Using an intertemporal general equilibrium model we show that “small” market imperfections may trigger a several decades lasting dominance of an incumbent...
Persistent link: https://www.econbiz.de/10013068144
outflow to other countries. When the green subsidy is available, countries choose a positive subsidy rate since this reduces … the overall distortion of the tax-subsidy system. In doing so, each country internalizes a larger part of the …. Hence, the subsidy is not only beneficial for the country which imposes it but for all countries …
Persistent link: https://www.econbiz.de/10013069215
We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the...
Persistent link: https://www.econbiz.de/10013063394
imposing negative value-added taxes (subsidy) or positive specific taxes …
Persistent link: https://www.econbiz.de/10012772273