The public choice literature urges the welfare economist to anticipate how political forces will shape the levels of new policy instruments when government intervenes in a new way. This paper argues that the welfare economist should also recognize that new interventions may impact the politically determined levels of existing policy instruments. It shows how the introduction of a new instrument...

This paper quantifies the welfare impact of a permanent increase in the level of per capita income brought about by a temporary growth effect following financial liberalization. We find that a lion’s share of the welfare benefits from financial liberalization accrue over relatively short horizons, and in the early years after the policy is implemented. Evaluating welfare gains from liberalizati...

Welfare state theory has struggled to come to terms with the role of the third sector. It has often categorized welfare states in terms of the pattern of interplay between state social policies and the structure of the labour market. Moreover, it has frequently offered an exclusive focus on state policy - thereby failing to substantially recognize the role of the formally organized third sector...

We use a two-sector OLG model to study the intergenerational effects of a tax designed to conserve a natural resource such as the global atmosphere. The traded asset capitalizes future environmental benefits created by the tax, benefiting the current asset owners, the old generation. Absent a transfer, the tax harms the young generation by decreasing their real wage. Future generations benefit ...

Title of Dissertation: SOCIAL POLICY AND SOCIAL SERVICES IN WOMEN’S PREGNANCY DECISIONMAKING: POLITICAL AND PROGRAMMATIC IMPLICATIONS Laura Selena Hussey, Doctor of Philosophy, 2006 Directed By: Professor James G. Gimpel, Department of Government and Politics This dissertation empirically evaluates the argument that welfare state expansion will reduce abortion. Its central question concerns the...