receive a subsidy for full time work. The subsidy was available for three years, but only to people who began working full … welfare participation that allows us to separate the two effects and estimate the impact of the earnings subsidy on welfare …

The standard theory that the first-best tax on pollution is equal to marginal environmental damages has been extended … transaction such as output or income and a subsidy to a different market transaction that is a clean alternative to pollution. It … each tax and subsidy in a general equilibrium model with other tax distortions, and we compare these to the rates in a …

and benefit package. Medicare provides a subsidy, based on a "benchmark payment rate", for each Medicare beneficiary a … plan enrolls. We investigate how this subsidy, the primary policy lever in the market, affects the equilibrium premiums and … subsidy dollars and can account for the empirical results. More specifically, institutional features make it difficult for …