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We show that tax-induced increases in alcohol prices can lead to substantial substitution and avoidance behavior that … limits reductions in alcohol consumption. Causal estimates are derived from a natural experiment in Illinois where spirits … construct representative and consistent measures of alcohol prices and sales from scanner data collected for hundreds of …
Persistent link: https://www.econbiz.de/10012835244
In May 2018, Scotland introduced a minimum unit price on alcohol. We examine the impact of this policy on traffic … other predictors of alcohol consumption or cross-border effects. A brief discussion of the policy implications of our …
Persistent link: https://www.econbiz.de/10014030814
Electricity consumption will comprise an increasing share of global energy demand during the next two decades. In recent years, the increasing prices of fossil fuels and concerns about the environmental consequences of greenhouse gas emissions have renewed the interest in the development of...
Persistent link: https://www.econbiz.de/10013054588
The unprecedented deterioration of our global environment has increased the necessity of relying upon Green Economic policies as critical and effective environmental management tools. The current situation has stimulated extensive research and debate among global interest groups. This has...
Persistent link: https://www.econbiz.de/10013055566
The increased concerns about climate change have made renewable energy sources an important topic of research. Several scholars have applied different methodologies to examine the relationships between energy consumption and economic growth of individual and groups of countries and to analyze...
Persistent link: https://www.econbiz.de/10013034084
magnitudes. I estimate social and externality benefits of influenza vaccination in two settings. First, using a natural … examine a setting with large potential externality benefits: vaccination mandates for health care workers. I find that the … social benefits of vaccination are substantial, most of benefits operate through an externality, and that the benefits of …
Persistent link: https://www.econbiz.de/10012863830
This chapter defines a universal public pension scheme (UPPS) as a government-mandated lifecycle longevity insurance scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses the differences in four UPPS designs defined with regard...
Persistent link: https://www.econbiz.de/10012870259
We build a theoretical model to study whether a minimum wage can be welfare-improving if itis implemented in conjunction with an optimized nonlinear income tax. We consider this issuein a framework where search frictions on the labor market generate unemployment. Workersdiffer in productivity...
Persistent link: https://www.econbiz.de/10005862337
Incomplete information is a commitment device for time consistency problems. In the context of time consistent labor income taxation privacy can lead to a Pareto superior outcome and increases the effectiveness of public education as a second best policy
Persistent link: https://www.econbiz.de/10014163655
We analyze the optimal nonlinear income tax schedule when taxpayers earn multiple incomes and differ along many unobserved dimensions. We derive the necessary conditions for the government s optimum using both a tax perturbation and a mechanism design approach, and show that both methods produce...
Persistent link: https://www.econbiz.de/10014083899