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作者:Duncan, B
作者单位:University of Colorado System; University of Colorado Denver
摘要:Public goods theory predicts that government spending an charity can perfectly crowd-out charitable contributions. Empirical research has found little support for the perfect crowd-out hypothesis. However, the empirical work only measures part of a contributor's total contribution: gifts of money. Contributors also volunteer labor. This article extends the public goods model to the case in which individuals contribute both time and money to a charity that in turn produces a public good. The mo...
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作者:Raymond, M
作者单位:University of Guelph
摘要:Hanington (Harrington, W., 1988. Enforcement leverage when penalties are restricted. Journal of Public Economics 37, 29-53) offers an explanation for how relatively high compliance rates might co-exist with low expected fines. His results are highly dependent on the assumptions that all firms are identical and their compliance costs are known. This paper shows that Hanington's results are not necessarily robust in a more general model where asymmetric information and uncertainty are present. (...
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作者:Stennek, J
作者单位:Research Institute of Industrial Economics (IFN)
摘要:The expected consumer's surplus (ECS) is often used as a monetary measure of consumer welfare. Examples include the theory of regulation, competition policy, and price stabilization. This paper shows that, in general, the ECS does not convey any information about the consumer's ranking of price distributions, if these differ in risk. Moreover, the ECS provides rigorous monetary assessments of consumer welfare if, and only if, the consumer is risk-neutral, and has zero income-elasticity of dema...
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作者:Lahiri, S
作者单位:Indian Institute of Management (IIM System); Indian Institute of Management Ahmedabad
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作者:Fershtman, C; Gandal, N; Markovich, S
作者单位:Centre for Economic Policy Research - UK; Tel Aviv University; Tilburg University; University of Chicago
摘要:The incidence of taxation has been extensively discussed in the public finance literature but mainly within a competitive market setting or within a homogenous good (Cournot type) oligopoly. In a differentiated product oligopoly, the effect of taxation can be more complex as the rate of taxation may affect not only the prices, but also the profile and quality of products that are sold in the market. In this paper, we examine the effects of changing tax regimes in a differentiated product oligo...
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作者:DelRossi, AF; Inman, RP
作者单位:University of Wyoming; University of Pennsylvania; University of Pennsylvania; National Bureau of Economic Research
摘要:The provision of public services through national legislatures gives legislators the chance to fund locally beneficial public projects using a shared national tax base. Nationally financed and provided local (congestible) public goods will be purchased at a subsidized price below marginal cost and may be inefficiently too large as a consequence. An important assumption behind this inefficiency is that national legislators in fact demand more of the locally beneficial project as the local price...
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作者:Hindriks, J
作者单位:University of Exeter
摘要:In a context where both the poor and the rich are (imperfectly) mobile, this paper compares the Nash equilibrium levels of income redistribution from the rich to the poor when jurisdictions compete either in taxes, in transfers or both in taxes and transfers. Although taxes and transfers are linked through the budget-balanced requirement, the analysis reveals intriguing differences. Indeed, it turns out that transfer competition results in much less redistribution than tax competition, while t...
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作者:Kubik, JD
作者单位:Syracuse University
摘要:This paper examines how Supplemental Security Income (SSI) benefit availability and generosity affect the probability that families identify health problems in their children and move onto the SSI rolls. First, I observe that a liberalization of SSI eligibility in 1990 was followed by a substantial re-evaluation of the health status of low-income children by their parents. Then, I find that increases in SSI benefits raise the likelihood that a family identifies a chronic impairment in their ch...