Two-way migration between similar countries [PDF]
We develop a model to explain two-way migration of high-skilled individuals between countries that are similar in their economic characteristics. High-skilled migration is explained by a combination of two features: In both countries there is a continuum
Kreickemeier, Udo, Wrona, Jens
core
Optimal policy and non-scale growth with R&D externalities [PDF]
An established result of the endogenous growth literature is that laissez-faire equilibria in expanding-varieties models are suboptimal due to the rent-effect: monopolistic pricing drives the equilibrium quantity of each intermediate input below the ...
Valente, Simone
core +1 more source
A Ricardian Model with Endogenous Comparative Advantage and Endogenous Trade Policy Regimes [PDF]
This paper develops a general equilibrium model with transaction costs and endogenous and exogenous comparative advantages. In the model, the governments are allowed to choose between tariff war, tariff negotiation, and laissez faire regimes.
Meng-chun Liu +2 more
core
Intergenerational Transfers, Lifetime Welfare and Resource Preservation [PDF]
This paper studies the welfare properties of distortionary transfers in a life-cycle growth model where natural capital is private property. The main result is that, under credible pre-commitment, each newborn generation prefers positive taxes-subsidies ...
Simone Valente
core
The Impact of Leadership on the Labor Market in Romania: Stability, Mobility and Digitalization [PDF]
This study analyzes the relationship between four leadership styles (transformational, transactional, autocratic and laissez-faire) and the main dimensions of the Romanian labor market: digital adaptability, labor productivity, professional stability ...
Petruța Ionela Stanca +1 more
doaj
Open border ecosystems: Against globalised laissez-faire conservation. [PDF]
Lean CH.
europepmc +1 more source
How Trade Unions Increase Welfare [PDF]
Historically, worker movements have played a crucial role in making workplaces safer. Firms traditionally oppose better health standards. According to our interpretation, workplace safety is costly for firms but increases the average health of workers ...
Alejandro Donado, Klaus Wälde
core
The Price of Egalitarianism [PDF]
We compute the welfare cost of egalitarianism - a tax policy that equalizes wages for all. The benchmark "laissez-faire" economy has features a la Aiyagari (1994) with endogenous labor supply.
Sun-Bin Kim, Yongsung Chang
core
Urban Growth Boundaries: An Effective Second-Best Remedy for Unpriced Traffic Congestion? [PDF]
This paper evaluates the efficacy of the urban growth boundary (UGB) as a second-best substitute for a first-best toll regime in a congested city. Numerical results show that, while a UGB is welfare improving, validating previous theoretical results, the
Jan K. Brueckner
core
Political partisanship, laissez-faire attitudes, and COVID-19 behaviours and viewpoints in Canada and the United States. [PDF]
Krashinsky L, Naylor CD.
europepmc +1 more source

