Similar Search Results

Habit formation and the Pareto-efficient provision of public goods

Aronsson, Thomas; Schöb, Ronnie - 2017

This paper examines the implications of habit formation in private and public consumption for the Pareto-efficient provision of public goods, based on a two-period model with nonlinear taxation. If the public good supply is time-invariant, the presence of habit formation generally alters the...

Persistent link: https://www.econbiz.de/10011587590

Public Goods in a Voluntary Federal Union: Implications of a Participation Constraint

Aronsson, Thomas; Micheletto, Luca; Sjögren, Tomas - Nationalekonomiska Institutionen, Uppsala Universitet - 2012

This paper re-examines the question of whether federal ex-post redistribution in terms of public funds leads to under-provision of public goods by adding the assumption that the member states are free to leave the economic federation. We show that federal ex-post redistribution leads to e¢...

Persistent link: https://www.econbiz.de/10010945032

When Samuelson met Veblen abroad: National and global public good provision when social comparisons matter

Aronsson, Thomas; Johansson-Stenman, Olof - Nationalekonomiska institutionen, Handelshögskolan - 2012

This paper derives Pareto efficient policy rules for the provision of national as well as global public goods in a two-country world, where each individual cares about relative consumption within as well as between countries. Furthermore, we compare these policy rules with those that follow from...

Persistent link: https://www.econbiz.de/10011019110

On the Provision of Public Goods in an Economy with Union Wage Setting and Distortionary Taxation

Aronsson, Thomas; Löfgren, Karl-Gustaf; Sjögren, Tomas - Institutionen för Nationalekonomi, Umeå Universitet - 2002

and hours of work per employee influences the welfare effect of an increase in the provision of the public good. This … tradeoff means that the welfare gain of an increase in the hours of work, which is associated with the preexisting labor income … tax, will be counteracted by a welfare cost in terms of lost employment. We also show how the welfare effect of an …

Persistent link: https://www.econbiz.de/10005651983

Public Goods in a Voluntary Federal Union: Implications of a Participation Constraint

Aronsson, Thomas; Micheletto, Luca; Sjögren, Tomas - Institutionen för Nationalekonomi, Umeå Universitet - 2012

Persistent link: https://www.econbiz.de/10010818887

Adaptation, Taxation, and Public Goods

Aronsson, Thomas; Schöb, Ronnie - Institutionen för Nationalekonomi, Umeå Universitet - 2014

This paper shows how the first-best and second-best rules for optimal public good provision depend on the adaptation to private and public consumption. Adaptation in private consumption typically leads to over-provision relative to the Samuelson condition, while adaptation in public consumption...

Persistent link: https://www.econbiz.de/10011096139