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Persistent link: https://www.econbiz.de/10014305030
The interaction between habit formation and pollution-type ex- ternalities modifies the social optimum through discount …
Persistent link: https://www.econbiz.de/10011753113
Arbeitsmarkt aufzeigen. Des weiteren werden mögliche Konzepte für die Behandlung der bisher mitversicherten Kinder, sowie eine … citizens. It analyses the impact of a change in financing health care on the labour market. Therefore microeconomic theory and …
Persistent link: https://www.econbiz.de/10010300522
A flat tax rate on income has gained popularity in European countries. This paper assesses the attractiveness of such a flat tax in achieving redistributive objectives with the least cost to labour market performance. We do so by using a detailed applied general equilibrium model for the...
Persistent link: https://www.econbiz.de/10010325438
externalities: congestion, which has a feedback effect on the behaviour of the economic agents, air pollution and accidents. The … welfare effects of small policy changes in the presence of transport externalities. The model incorporates three types of … a model in which congestion, air pollution and accidents are assumed to remain constant at their initial level. The …
Persistent link: https://www.econbiz.de/10011608472
Economic theory has generally akcnowledged the role that institutions have in shaping economic space. The distinction … for externalities" is misleading since it tends to imply that there is more to externality than simply the non … detrimental nature of externality. Indeed, Arrow markets will not in general eliminate externalities. In a similar vein it is not …
Persistent link: https://www.econbiz.de/10011608612
individual preferences and enjoy positive leisure-dependent externalities. For instance, a global sociological change where the …
Persistent link: https://www.econbiz.de/10010262216
This paper uses an extended version of 'FiMod - A DSGE Model for Fiscal Policy Simulations' (Stähler and Thomas, 2011) with endogenous job destruction decisions by private firms to analyze the effects of several currently discussed labor market reforms on the Spanish economy. The main focus is...
Persistent link: https://www.econbiz.de/10010307705
Socially responsible investment in analyzed in a general equilibrium context. This is important in order to understand the ultimate consequences of SRI on the decisions of economic agents. Building on models by Brock (1982) and Merton (1987), SRI is modelled as the choice to voluntarily give up...
Persistent link: https://www.econbiz.de/10011325126
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