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Provides a summary of recent theoretical and empirical developments and summarizes state-of-the-art stated-preference and revealed-preference valuation methods. Discusses how to assess the impact of small and large projects on prices and other economic variables. A novel feature is the flexible evaluation rules for reasonably small projects.
Refutes the commonly imagined threat to welfare states: that the welfare state package reduces the level and growth of GDP. Explores the threat of the rise of anti-immigrant backlash. Also investigates population aging, which poses a serious problem for financing old age.
Surveys some of the earlier results in linear and nonlinear taxation and produces some new numerical results. Examines empirically the relationship between the extent of redistribution and the components of the Mirrlees framework. Analyses the redistributive role of a range of factors in the Mirrlees framework.
Given the ease with which multinationals can evade tax, the existing corporate tax structure faces major pressures, as reflected in average statutory corporate tax rates halving in recent decades. This Element speculates on alternative tax structures that will avoid these problems.
This Element provides a broad overview of economic aspects of commodity taxation with a focus on theory and on policy in OECD countries. The authors discuss major research questions and issues, including commodity taxes, international aspects of tax policy, behavioural effects of taxation, and environmental and health policy aspects.
Have you ever wondered, how your telephone company or Internet service provider can give you access to almost all people in the world or how electricity suppliers can compete with each other if there is only one electric supply line passing through your street? This Element deals with the economics and public regulation of such network industries.
Our societies are witnessing a steady increase in longevity. This demographic evolution is accompanied by some convergence across countries, but substantial longevity inequalities persist within nations across income classes. This Element aims to survey some crucial implications of changing longevity on the design of optimal public policy.
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