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Relative Consumption, Optimal Taxation and Public Provision of Private Goods
Koenig, Tobias; Lausen, Tobias - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2013
This paper shows that public provision of private goods may be justified on pure efficiency grounds in an environment where individuals have relative consumption concerns. By providing private goods, governments directly intervene in the consumption structure, thereby having an instrument to...
Persistent link: https://www.econbiz.de/10010769212
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Technology adoption, social learning, and economic policy
Heidhues, Paul; Melissas, Nicolas - 2010
We study a two-player dynamic investment model with information externalities and provide necessary and sufficient conditions for a unique switching equilibrium. When the public information is sufficiently high and a social planer therefore expects an investment boom, investments should be...
Persistent link: https://www.econbiz.de/10003935694
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Relative consumption concerns and the optimal tax mix
Eckerstorfer, Paul - 2011
income and on a non-positional good. The tax rates on positional goods are higher than in the absence of status effects … whether status goods are complements or substitutes to leisure. …
Persistent link: https://www.econbiz.de/10011344843
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Relative Consumption Concerns and the Optimal Tax Mix
Eckerstorfer, Paul - 2011
income and on a non-positional good. The tax rates on positional goods are higher than in the absence of status effects … whether status goods are complements or substitutes to leisure. …
Persistent link: https://www.econbiz.de/10010294915
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Technology Adoption, Social Learning, and Economic Policy
Heidhues, Paul; Melissas, Nicolas - 2010
We study a two-player dynamic investment model with information externalities and provide necessary and sufficient conditions for a unique switching equilibrium. When the public information is sufficiently high and a social planer therefore expects an investment boom, investments should be...
Persistent link: https://www.econbiz.de/10010334017
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Relative Consumption Concerns and the Optimal Tax Mix
Eckerstorfer, Paul - 2011
income and on a non-positional good. The tax rates on positional goods are higher than in the absence of status effects … whether status goods are complements or substitutes to leisure. …
Persistent link: https://www.econbiz.de/10011310747
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Child Care in the Welfare State A critique of the Rosen model
Aslaksen, Iulie; Koren, Charlotte - 2000
A recent study of the welfare state in Sweden, Rosen (1995, 1996, 1997), concludes that child care subsidies may lead to substantial deadweight losses that may impede economic growth and the future of the welfare state. In this article we show that the deadweight losses are highly sensitive to...
Persistent link: https://www.econbiz.de/10011968039
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Child Care in the Welfare State A critique of the Rosen model
Aslaksen, Iulie; Koren, Charlotte - Statistisk Sentralbyrå, Government of Norway - 2000
A recent study of the welfare state in Sweden, Rosen (1995, 1996, 1997), concludes that child care subsidies may lead to substantial deadweight losses that may impede economic growth and the future of the welfare state. In this article we show that the deadweight losses are highly sensitive to...
Persistent link: https://www.econbiz.de/10004980969
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Technology Adoption, Social Learning, and Economic Policy
Heidhues, Paul; Melissas, Nicolas - Volkswirtschaftliche Fakultät, … - 2010
We study a two-player dynamic investment model with information externalities and provide necessary and sufficient conditions for a unique switching equilibrium. When the public information is sufficiently high and a social planer therefore expects an investment boom, investments should be...
Persistent link: https://www.econbiz.de/10008542576
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Technology Adoption, Socila Learning, and Economic Policy
Heidhues, Paul; Melissas, Nicolas - Centro de Investigación Económica (CIE), Departamento … - 2010
We study a two-player dynamic investment model with information externalities and provide necessary and sufficient conditions for a unique switching equilibrium. When the public information is sufficiently high and a social planer therefore expects an investment boom, investments should be...
Persistent link: https://www.econbiz.de/10010538929