Showing 1 - 10 of 8,200
response to this tax depends on (i) the attitudes towards risk and (ii) how other policy instruments affect the demand for the …
Persistent link: https://www.econbiz.de/10005779779
We introduce a simple measure of risk aversion in the large. Besides satisfying properties which are conceptually … analogous to the usual properties of the Arrow-Pratt measure, the index of risk aversion in the large leads to a stronger … concept of decreasing risk aversion, which necessarily imp lies decreasing absolute risk aversion but not necessarily non …
Persistent link: https://www.econbiz.de/10005634228
This paper analyzes optimal taxation and risk-sharing arrangements in an economy with two levels of government. Both …
Persistent link: https://www.econbiz.de/10005424044
I study the implications of recursive utility for the design of optimal fiscal policy. I find that the standard policy prescriptions of the dynamic Ramsey literature are dramatically altered. Labor tax volatility is optimal and can be quantitatively substantial. Furthermore, labor taxes are...
Persistent link: https://www.econbiz.de/10011269075
We introduce a simple measure of risk aversion in the large. Besides satisfying properties which are conceptually … analogous to the usual properties of the Arrow-Pratt measure, the index of risk aversion in the large leads to a stronger … concept of decreasing risk aversion, which necessarily implies decreasing absolute risk aversion but not necessarily non …
Persistent link: https://www.econbiz.de/10005008159
A Hallmark of modern labor conomics is the close interplay between the development of theory, data sources and econometric testing. The evolution of the economic analysis of unemployment insurance provides a good illustration. New Theoretical approaches, in particular job-search theory; have...
Persistent link: https://www.econbiz.de/10005779760
Many governments use technology incentives as an important component of their greenhouse gas abatement strategies. These “carrots” are intended to encourage the initial diffusion of new, greenhouse-gas-emissions-reducing technologies, in contrast to carbon taxes and emissions trading which...
Persistent link: https://www.econbiz.de/10005835929
This thesis consists of a summary and four papers. The first two concerns health care and sickness absence, and the last two pharmaceutical costs and prices. <p> Paper [I] presents an economic federation model which resembles the situation in, for example, Sweden. In the model the state governments...</p>
Persistent link: https://www.econbiz.de/10005197987
these activities. Some critical research questions concern the efficiency of such markets, heterogeneity in risk attitudes …
Persistent link: https://www.econbiz.de/10008568023
of years spent in retirement” are characterized by constant or decreasing absolute risk aversion. A similar result …
Persistent link: https://www.econbiz.de/10008673562