Browsing Working Papers by Subject "Welfare"

DSpace/Manakin Repository

Browsing Working Papers by Subject "Welfare"

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    Title: Financial intermediation, house prices, and the distributive effects of the U.S. great recession  Author(s): MENNO, Dominik; OLIVIERO, Tommaso Date: 2013 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper quantifies the effects of credit spread and income shocks on aggregate house prices and households’ welfare. We address this issue within a stochastic dynamic general equilibrium model with heterogeneous households ...
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    Title: Trends in Income Inequality, Intertemporal Variability, and Mobility Risk in Thirty Countries  Author(s): NICHOLS, Austin; REHM, Philipp Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: We apply a novel decomposition of panel data on individual incomes in 30 countries and find the US is exceptional in its increases of income risk over the last decades. Income risk is decomposed into long-run inequality, ...
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    Title: Interaction in R&D and the Case-by-Case Subsidy Rule  Author(s): HORAN, David Date: 2010-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper studies the performance of government subsidy programs which fund business R&D projects. A commonly used criterion for distributing funding is the case-by-case (CbC) rule. Under the rule, project funding is ...
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    Title: Rent Seeking, Market Structure and Growth  Author(s): BROU, Daniel; RUTA, Michele Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We construct a model where firms compete in both political and economic markets. In political markets, firms compete for influence over government transfer policy (rents). This activity can be beneficial for the firm, but ...