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Die vorliegende Studie wurde im Auftrag der Robert Bosch Stiftung im ifo Arbeitsbereich "Sozialpolitik und Arbeitsmärkte" erstellt und im Juni 2005 abgeschlossen, um die Arbeit der von der Bosch Stiftung initiierten Kommission "Familie und demographischer Wandel" zu unterstützen. Gegenstand...
Persistent link: https://www.econbiz.de/10008791393
underestimated if based onthe standard DCF valuation. The third example analyses the impact of providing a subsidy forhybrid vehicle …
Persistent link: https://www.econbiz.de/10005789845
Hunt regarding externalities, endogenous preferences, the Coase theorem, and an alternative to the market system known as …
Persistent link: https://www.econbiz.de/10011137452
In intermediate microeconomic textbooks the reciprocal nature of externalities is presented using numerical examples of …
Persistent link: https://www.econbiz.de/10005405188
We consider a general equilibrium economy with public goods and externalities. Following Boyd and Conley (1997), we … externalities. We extend the Boyd and Conley model to allow firms to benefit from public goods and be damaged by externalities, and … to allow consumers to produce externalities. We state a first welfare theorem and prove the existence of a competitive …
Persistent link: https://www.econbiz.de/10005752740
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
We propose a theory by which geographic variations in the transparency of the production process explain cross-regional differences in the scale of the state, in its hierarchical structure, and in property rights over land. The key linkage between geography and these institutions, we posit, is...
Persistent link: https://www.econbiz.de/10011083761
Both formal and informal institutions are usually perceived as constraints that structure and limit human behavior. This is understandable when we use them as an addition to neoclassical economics and as an attempt to overcome its deficiencies. Yet institutions also enable behavior which would...
Persistent link: https://www.econbiz.de/10011123271
, inputs and activities, as well as related economic phenomena such as economies of scale, externalities and public goods …
Persistent link: https://www.econbiz.de/10010857763
This paper shows the links between the epistemological debate in Economics and in Law. In an evolutionary perspective we note phases in which each discipline seems “pure doctrine” and others in which there is greater coherence between theoretical patterns and the real economic and legal...
Persistent link: https://www.econbiz.de/10010858741