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Now showing items 1-10 of 254
(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2019)
Merger policy is a permission-granting activity by government in which there may be disincentives to seek permission because of the benefit from having other firms merge. We set up a sequential merger game with endogenized ...
(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2017)
What shapes the optimal degree of progressivity of the tax and transfer system? On the one hand, a progressive tax system can counteract inequality in initial conditions and substitute for imperfect private insurance against ...
(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2012)
This paper presents a distributional argument for the use of supply-side climate policies whereby carbon emissions are controlled through (i) depletion quotas or (ii) permanent confiscation of a fraction of the in situ ...
(Journal article / Tidsskriftartikkel / PublishedVersion; Peer reviewed, 2014)
This paper considers a sequence of discrete-time random walk markets with a safe and a single risky investment opportunity, and gives conditions for the existence of arbitrages or free lunches with vanishing risk, of the ...
(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2009)
Recent contributions show that climate agreements with broad participation can be implemented as weakly renegotiation-proof equilibria in simple models of greenhouse gas abatement where each country has a binary choice ...
(Journal article / Tidsskriftartikkel / PublishedVersion; Peer reviewed, 2018)
Background
Payment for performance (P4P) strategies, which provide financial incentives to health workers and/or facilities for reaching pre-defined performance targets, can improve healthcare utilisation ...
(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2010)
We present arguments for treating health insurance and disability insurance in an integrated manner in economic analysis, based on a model where each individual's utility depends on both consumption and health and her ...
(Journal article / Tidsskriftartikkel / PublishedVersion; Peer reviewed, 2014)
We contribute to population ethics by proposing and axiomatizing rankdiscounted Critical-level generalized utilitarianism (RDCLU). Population ethics is needed for evaluation of policies, e.g., concerning climate change, ...
(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2014)
We develop a model with partial insurance against idiosyncratic wage shocks to quantify risk sharing. Closed-form solutions are obtained for equilibrium allocations and for moments of the joint distribution of consumption, ...
(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2015)
We analyze intergenerational redistribution in emerging economies with the aid of an overlapping generations model with endogenous labor supply. Growth is initially high but declines over time. A version of the model ...