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Discounting and Welfare Analysis Over Time : Choosing the à3B7
Buchholz, Wolfgang; Schumacher, Jan - 2021
Based on the Ramsey equation and an ethically motivated rejection of pure utility time discount, the Stern Review on the Economics of Climate Change concentrates on the use of the elasticity of marginal utility η in the intergenerational social welfare function. We support this position by...
Persistent link: https://www.econbiz.de/10013316572
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Rising Indebtedness and Hyperbolic Discounting : A Welfare Analysis
Nakajima, Makoto - 2011
hyperbolic discounting preference. The model can capture two contrasting views: the positive view, which links increased … welfare implication is strikingly different from the model with the standard exponential discounting preference, which implies … discounting model, there is a welfare gain from restricting consumer borrowing in the current U.S. economy …
Persistent link: https://www.econbiz.de/10013134315
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Welfare as simple(x) equity equivalents
Berger, Loïc; Emmerling, Johannes - 2017
Inequity plays a fundamental role in the evaluation of social welfare in many dimensions.We revisit the concept of inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations (intergenerational equity), using a common framework generalizing the...
Persistent link: https://www.econbiz.de/10011622070
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Who chooses commitment? : evidence and welfare implications
Carrera, Mariana; Royer, Heather; Stehr, Mark; Sydnor, … - In: The review of economic studies : RES 89 (2022) 3, pp. 1205-1244
Persistent link: https://www.econbiz.de/10013253991
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Impact evaluation and welfare evaluation
Harrison, Glenn W. - In: The European journal of development research : journal … 26 (2014) 1, pp. 39-45
Persistent link: https://www.econbiz.de/10010356384
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Evaluating the economic viability of public investments in tourism
Banerjee, Onil; Cicowiez, Martín; Moreda, Adela - In: Journal of benefit-cost analysis : JBCA 11 (2020) 1, pp. 101-130
Persistent link: https://www.econbiz.de/10012195370
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People, Places, and Public Policy : Some Simple Welfare Economics of Local Economic Development Programs
Moretti, Enrico - 2014
Most countries exhibit large and persistent geographical differences in wages, income, and unemployment rates. A growing class of place-based policies attempts to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities, or regions....
Persistent link: https://www.econbiz.de/10013049454
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People, Places and Public Policy : Some Simple Welfare Economics of Local Economic Development Programs
Kline, Patrick - 2014
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of "place based" policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...
Persistent link: https://www.econbiz.de/10013061936
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People, Places and Public Policy : Some Simple Welfare Economics of Local Economic Development Programs
Kline, Patrick - 2014
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of "place based" policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...
Persistent link: https://www.econbiz.de/10013062079
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People, Places and Public Policy : Some Simple Welfare Economics of Local Economic Development Programs
Kline, Patrick - 2013
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of "place based" policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...
Persistent link: https://www.econbiz.de/10012459003