Showing 1 - 10 of 153
This paper presents a detailed 2019 Social Accounting Matrix (SAM) for Benin as a basis for policy analysis with a focus on agriculture, food processing and energy generation from byproducts. It is based on official statistics collected from national and international institutions (national...
Persistent link: https://www.econbiz.de/10013185594
Education policy holds the promise of breaking the strong ties between family background and socio-economic position by providing publicly accessible education for children of all backgrounds. However, the education system may also perpetuate social inequalities if well-off families are able to...
Persistent link: https://www.econbiz.de/10014541063
factors driving the shadow economy are unemployment and taxation. Analyzing the interaction between shadow and official …
Persistent link: https://www.econbiz.de/10010294527
. The most important factors driving the shadow economy are indirect taxation and unemployment. Analyzing the interaction …
Persistent link: https://www.econbiz.de/10010368276
demands more redistribution. Adverse shocks, like earthquakes, strengthen the belief that random “bad luck” can frustrate the … redistribution. We then present evidence of this behavior by exploiting a natural experiment provided by one of the strongest seismic … with survey data about individual opinions on redistribution collected a few months later. The empirical analysis …
Persistent link: https://www.econbiz.de/10011957007
The focus of the present paper is on the intragenerational effects of nonlinear income taxation in a multiperiod … framework. We investigate whether it is possible to achieve redistribution at smaller efficiency costs by enlarging the message … extension of the Stiglitz-Stern (1982, 1982) discrete adaptation of the Mirrlees (1971) optimal income taxation model. In the …
Persistent link: https://www.econbiz.de/10010321640
In this paper, we investigate how investors who face both equity risk andcredit risk would optimally allocate their financial wealth in a dynamic continuous-time setup. We model credit risk through the defaultable zero-coupon bond and solve the dynamics of its price after pricing it. Using...
Persistent link: https://www.econbiz.de/10005858554
As country after country in the European Union is called to respond to the current challenge of our time - high inflation and declining real wages - governments must engage in a transformative agenda and go beyond emergency energy vouchers and income support cashtransfers. And if the goal is to...
Persistent link: https://www.econbiz.de/10014474497
Fabio Petri's Microeconomics for the Critical Mind (2021) is an impressive tour de force in the field of microeconomic theory. It manifests the author's command of cutting edge analytical tools, concepts, and theoretical approaches both in the mainstream and in the heterodox literature. The book...
Persistent link: https://www.econbiz.de/10014480522
Much progress has been made in recent years on developing and applying a direct measure of utility using survey questions on subjective well-being. In this paper we explore whether this new type of measurement can be fruitfully applied to the study of interdependent utility in general, and...
Persistent link: https://www.econbiz.de/10010315555