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1“...Exact consumer's surplus and deadweight loss are the most widely used welfare and economic efficiency measures. These measures can be computed from demand...”
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2by Hiau Looi Kee Alessandro Nicita Marcelo Olarreaga Published in The review of economics and statistics (01.11.2008)“...This paper provides a systematic estimation of import demand elasticities for a broad group of countries at a very disaggregated level of product detail. We...”
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3“...Using two strategies, we show that consumers underreact to taxes that are not salient. First, using a field experiment in a grocery store, we find that posting...”
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4“...•Fossil fuel subsidies are large, amounting to 6.5% of global GDP in 2015.•Mispricing from a domestic perspective accounts for the bulk of the subsidy.•Coal...”
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5“...We study the determinants of private benefits of control in negotiated block transactions. We estimate the block pricing model in Burkart, Gromb and Panunzi...”
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6by Unger, Stephan Published in Athens Journal of Business & Economics (2019)“...This article shows that the entropy in a free market is maximized under the allocative efficiency condition. In contrast to that, it is shown that any...”
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7“...Abstract This article shows that accounting for variation in mistakes can be crucial for welfare analysis. Focusing on consumer under-reaction to...”
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8“...Electricity subsidies in developing countries have always been debated in economics circles. Despite their popular appeal of providing relief to the poor, the...”
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9“...This paper examines the investment effects of tax subsidies for which some assets and not others are eligible. Distortionary tax subsidies concentrate...”
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10“...We develop a framework to characterize strategic behavior in sequential markets under imperfect competition and restricted entry in arbitrage. Our theory...”
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11“...In this paper the U.S. gasoline demand from 1976 to 2008 is estimated using a time-varying cointegrating regression. We find that price elasticity increased...”
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12“...Individual heterogeneity is an important source of variation in demand. Allowing for general heterogeneity is needed for correct welfare comparisons. We...”
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13“...No study has examined the financial impact of relapses on schizophrenia from the perspective of Japanese society. This study aimed to estimate the societal...”
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14“...We consider monetary-fiscal interactions when the monetary authority is more conservative than the fiscal. With both policies discretionary, (1) Nash...”
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15by Sørensen, Peter Birch Published in Journal of public economics (01.09.2014)“...The paper develops a simple general equilibrium framework for calculating the marginal deadweight loss from taxation in a small open economy. The framework...”
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16“...Gift giving generates high revenues for retailers. It is also marked with significant welfare, or deadweight, loss in that givers tend to pay more than the...”
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17by Chen, Wen-Yi Published in Health policy (Amsterdam) (01.11.2020)“...•Copayments would moderate welfare loss due to moral hazard of health insurance.•Copayments negatively impact emergency department visits in medical centers in...”
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18by Lucas W. Davis Published in The American economic review (01.05.2014)“...By 2015, global oil consumption will reach 90 million barrels per day. In part, this high level of consumption reflects the fact that many countries provide...”
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19“...This paper studies the effects on registered employment and number of registered establishments of two employment subsidy schemes in Turkey. We implement a...”
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20“...Most studies of the optimal provision of public goods or the excess burden from taxation assume that individual utility is independent of other individuals'...”