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Welfare gains

Social choice with approximate interpersonal comparison of welfare gains

Social choice with approximate interpersonal comparison of welfare gains

... of welfare gains and ...“The welfare gain of the state change w ❀ x is greater than the welfare gain of the state change y ❀ ...aggregate welfare gain they induce upon various ...

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Income and consumption smoothing and welfare gains across Pacific Island countries: The role of remittances and foreign aid

Income and consumption smoothing and welfare gains across Pacific Island countries: The role of remittances and foreign aid

... potential welfare gains and channels of income smoothing for ...overall welfare gains across all PICs (particularly Kiribati, Palau, and Papua New Guinea) are higher than the potential ...

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Risk Diversification from Revenue Sharing in a Professional Sports League: Measuring Welfare Gains

Risk Diversification from Revenue Sharing in a Professional Sports League: Measuring Welfare Gains

... the welfare gains to a league by assuming a risk-averse league commissioner whose objective is to improve league ...these welfare gains can be significant and provide a motivation for revenue ...

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Optimal monetary and fiscal policy rules, welfare gains and exogenous
shocks in an economy with default risk

Optimal monetary and fiscal policy rules, welfare gains and exogenous shocks in an economy with default risk

... minimizing welfare costs as follows: 1) policy authorities should not suppress inflation aggressively if the cause of the default crisis is rooted in a decrease in ...3) welfare gains from conducting ...

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Basis Risk and the Welfare Gains from Index Insurance: Evidence from Northern Kenya

Basis Risk and the Welfare Gains from Index Insurance: Evidence from Northern Kenya

... The welfare effect of index insurance contracts and the distributional profile of those effects among heterogeneous agents are thus inherently empirical ...

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The Welfare Economics of Tactical Voting in Democracies: A Partial Identification Equilibrium Analysis

The Welfare Economics of Tactical Voting in Democracies: A Partial Identification Equilibrium Analysis

... social welfare gains or losses resulting from insincere voting is consequently an empirically relevant question and is as yet ...equilibrium welfare e¤ects of tactical voting for an in…nite class of ...

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Strategic trade policy and the threat of regionalism

Strategic trade policy and the threat of regionalism

... and welfare gains in alternative agreement structures, they show that for certain endowment distributions CUs can pose a threat to the multilateral trading system, since, due to the improve- ment in their ...

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The optimal design of a fiscal union

The optimal design of a fiscal union

... We study the optimal design of a fiscal union within a currency union using an open economy model with nominal rigidities. We show that the optimal design of a fiscal union depends crucially on the degree of financial ...

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Globalization and the gains from variety: size and openness of countries and the extensive margin

Globalization and the gains from variety: size and openness of countries and the extensive margin

... the gains from variety through trade as suggested by Krugman (1979) have become ...the gains from variety are decomposed regarding countries of origin and ...the gains from variety are calculated for ...

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Preferential Trade Agreements and the Optimal Liberalisation of Agricultural Trade

Preferential Trade Agreements and the Optimal Liberalisation of Agricultural Trade

... the welfare gains for South Africa increase rapidly with the increasing liberalisation of EU food and agricultural trade, while the welfare gains for the EU increase slowly with the increasing ...

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The Income Tax Reform in Slovenia: Should the Flat Tax Have Prevailed?

The Income Tax Reform in Slovenia: Should the Flat Tax Have Prevailed?

... In the case of a flat tax rate according to the first counterfactual scenario SC1, welfare gains compared to the reference case would decline for the first three quintiles, which is a re[r] ...

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Tax Policy and Toxic Housing Bubbles in China

Tax Policy and Toxic Housing Bubbles in China

... entrepreneur’s welfare but improving worker’s welfare, if the losses of entrepreneurs are dominated by the gains of workers, an active tax policy can improve social welfare by making the ...

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Monopolistic competition and optimum product diversity under firm heterogeneity

Monopolistic competition and optimum product diversity under firm heterogeneity

... on welfare gains from ...and welfare gains from ...both welfare gains and allocational ...of welfare gains from ...in welfare gains but do not ...

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SAFTA and AFTA: a comparative welfare analysis of two regional trade agreements

SAFTA and AFTA: a comparative welfare analysis of two regional trade agreements

... rank welfare gains on the basis of percentage gain on baseline real GDP of the respective ...negative welfare effect of the removal of AFTA on India is still not neg- ligible, which is around one ...

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Brands, welfare and welfare-cool

Brands, welfare and welfare-cool

... of welfare do what they always do, what they are designed to do: they frame and sell us a sense of freedom, at least a feeling of ...traditional welfare state’s way of addressing welfare problems – ...

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Civil Servants’ Salary Structure

Civil Servants’ Salary Structure

... b Nominal Salaries as Percent of GNP Per Capita To ascertain the gains in welfare of the government employees compared to the rest of the public we estimate their salaries as a percentag[r] ...

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A Policy Framework for Spectrum Allocation in Mobile Communications

A Policy Framework for Spectrum Allocation in Mobile Communications

... Thus, in any particular circumstance, it is vital to evaluate the likely effects of entry in light of both the observed industry structure and the probable alternative path competition could take if some form of entry ...

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Negotiating the traffic : can cognitive science help make autonomous vehicles a reality?

Negotiating the traffic : can cognitive science help make autonomous vehicles a reality?

... We believe that the challenge of autonomous vehicles, which promises great gains in human welfare through improved mobility, safety, and environmental impacts, brings to light fundamenta[r] ...

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Ignorance is bliss: Should a pension reform be announced?

Ignorance is bliss: Should a pension reform be announced?

... The work most relevant to our paper is that of B¨ utler (1999). She showed that an anticipated decline in pension benefits substantially reduces consump- tion and negatively affects welfare prior to the reform’s ...

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Macroprudential and monetary policies: implications for financial stability and welfare

Macroprudential and monetary policies: implications for financial stability and welfare

... potential welfare improvement of macroprudential policies has deserved special attention of the ...a welfare analysis in a DSGE model with borrowers and savers and determined that although high LTV ratios ...

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