Using a household production model of educational choices, we characterise a free market situation in which some agents (high wagers) educate their children full-time and spend a sizable amount of resources on them, while others (low wagers) educate them only partially. The free-market...

Using a household production model of educational choices, we characterise a free market situation in which some agents ("high-wagers") educate their children full-time and spend a sizable amount of resources on them, while others ("low-wagers") educate them only partially. The free-market...

We analyse how state university competition to collect resources may a¤ect both the quality of teaching and research. By considering a set-up where two state universities behave strategically, we model their interaction with potential students as a sequential noncooperative game. We show that...

We analyse how state university competition to collect resources may affect both research and the quality of teaching. By considering a set-up where two state universities behave strategically, we model their interaction with potential students as a sequential noncooperative game. We show that...

This contribution investigates the effectiveness and welfare implications of fiscal policies in a context of multilateral trade, when traders behave strategically. The present approach deals simultaneously with two aspects of fiscal policies: collecting resources for redistributive purposes and...

We investigate the effectiveness of tax and transfer policies in correcting market distortions when the economy is imperfectly competitive. We perform this analysis in the context of an exchange model representing a bilateral oligopoly situation, which constitutes a particular example of a...

This paper compares the welfare effects of ad valorem and per unit commodity taxation, in a model of oligopolistic interaction. Our main result is that, when the number of consumers is sufficiently high, per unit taxes welfare dominate ad valorem taxes.

L'obiettivo di questo articolo è quello di analizzare come la letteratura economica ha studiato le relazioni che possono instaurarsi tra istruzione, democrazia e crescita economica. La prima parte del lavoro propone una sintetica rassegna di tre filoni di ricerca che hanno esaminato...

We analyse voting on devolution of responsibilities for the provision of public goods to local governments in a federal country, with a bicameral national legislature. We suppose that devolution is a …scal reform which reduces federal public expenditure on a national public good, and...

We analyse how spillover effects may affect the choice of a federal tax rate in a federal country with vertical tax externalities. Our main result shows under which conditions the federal tax rate with spillover effects is lower or higher than the federal tax rate without spillover effects. The...