The net effects of switching from consumption taxation to inflation taxation on resource allocation and welfare crucially depend on production externalities. With elastic labor supply, raising inflation taxation decreases leisure, but increases the levels of real consumption, capital, and output. Moreover, this tax switch has two opposing effects on the level of real money balances: A positive ...

As the number of systems which offer annotations on digital documents increases, robust anchoring of annotations is a key challenge. It is especially important if the annotator lacks write-access to the document being annotated. For example, if someone makes an annotation on a web page today and the web page changes tomorrow, what happens to the annotation? One approach is simply to “orphan” th...

as an industrial crop, sugar beet plays an important role in meeting domestic demand for sugar. given the higher level of imported sugar iniran, the application of protectionist policies is an approach for supplying required sugar. one of these policies is technological improvement. in order to study the effect of this policy, sugar beet supply and demand equations in 1971-2008 were fitted by t...

the growing importance of the environmental and social policies in the spanish savings banksand the large differences between them, take us to delve into those factors that influence on the amounts spent on environment and welfare fund.in this line, we have analyzed all the spanish savings banks, over the period 2004-2008 and using the methodology of panel data, the effect that the composition ...

the growing importance of the environmental and social policies in the spanish savings banksand the large differences between them, take us to delve into those factors that influence on the amounts spent on environment and welfare fund.in this line, we have analyzed all the spanish savings banks, over the period 2004-2008 and using the methodology of panel data, the effect that the composition ...

The 2005 reform of the German welfare system introduced two competing organizational models for welfare administration. In most districts, a centralized organization was established where local welfare agencies are bound to central directives. At the same time, 69 districts were allowed to opt for a decentralized organization. We evaluate the relative success of both types of organizations. Com...

The paper analyses the welfare effects of immigration when some sectors of the economy are characterized by wage bargaining between unions and employers. We show that immigration is unambiguously beneficial if the wage elasticity of labor demand in the competitive sectors is smaller than in the unionised sectors. In the opposite case, the welfare effect of immigration is ambiguous; little immig...

This paper uses analytical and numerical models to illustrate how the presence of other distortions within the transport system changes the overall welfare effect of a congestion tax. These other distortions include a transit fare subsidy, congestion on competing (unpriced) routes, accident externalities, gasoline taxes, and pollution externalities. Each of these pre-existing distortions can su...

This paper provides estimates of the effect of child support on exiting and reentering welfare for a sample of divorced women in Wisconsin. Modest amounts of child support do not have large effects on exiting welfare in this sample. The percentage of women who return to welfare is higher than has been reported previously. Receiving child support significantly decreases the likelihood of returni...