Distortionary taxes and the provision of public goods
Cost-benefit analysis of public projects is based on the marginal rates of substitution of a public good's perceived satisfaction potential and its costs. A review of literature on the optimal amount of public expenditure and its method of finance is presented. The findings indicate that there is a need to reassess the basic assumptions concerning distortionary taxation and the provision of public goods, such as that the marginal cost of public funds exceed one.
Publication Name: Journal of Economic Perspectives
Search externalities in macroeconomic theory
A symmetric two-sector model is presented and the relationships between matching technology and various types of externalities analyzed. The model is extended to a labor market application and the allocative role of wages considered. The study surveys features of macroeconomic models with search externalities.
Publication Name: Bulletin of Economic Research
Appraising externalities of the Swiss agriculture: an extended cost-benefit analysis
This article attempts to quantitatively evaluate the externalities, in its economic, societal and ecological forms, in Swiss agriculture. The authors discuss each of the three complementary approaches and then bridge them together, interpreting the composite results.
Publication Name: International Journal of Applied Economics and Econometrics
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- Abstracts: Inflationary financing of public investment and economic growth. Policy bargains and the problem of model selection
- Abstracts: A solution to the problem of externalities when agents are well-informed: comment. Is there a free-rider problem in lobbying? endogenous tariffs, trigger strategies, and the number of firms
- Abstracts: Okun's law, cointegration and gap variables. External debt and Ponzi-games in a small open economy with endogenous growth
- Abstracts: Noisy communication and the evolution of cooperation. Are two a good representative for many? Privatization and employment: a study of the jute industry in Bangladesh