In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the … workers and hence their wage leads to an increase in average income and hence in benefits. The increased fallback income, in … unskilled when benefits are endogenous. The model provides a theoretical explanation for diverging developments in wage …

economically-oriented cost-benefit-analysis alone is not adequate due to a municipality's role as "consumer and role model". To … criteria such as innovativeness, cost effectiveness, external costs, CO2 reduction potential, local value or effort of …

substitutability of rural and urban goods. With a Cobb-Douglas rural technology, aggregate benefits are substantially greater in the …