Neighbors' Income, Public Goods, and Well‐Being
نویسندگان
چکیده
منابع مشابه
Local public goods and the demand for high-income municipalities
Affluent towns often deliver high-quality public services to their residents. I estimate the willingness to pay to live in a high-income suburb, above and beyond the demand of wealthy neighbors, by measuring changes in housing prices across city–suburban borders as the income disparity between the two municipalities changes over time. I find that a $10,000 increase in town-level median income i...
متن کاملOptimal Income Taxation, Public Goods Provision and Robust Mechanism Design
This paper extends the model of optimal income taxation due to Mirrlees (1971) and includes private information on public goods preferences. A mechanism design approach is used to establish the following result: If policies are required to be robustly implementable in the sense of Bergemann and Morris (2005), then the optimality conditions in the extended model with uncertainty about tax and ex...
متن کاملPublic Health and Public Goods
It has become increasingly difficult to distinguish public health (and public health ethics) from tangentially related fields like social work. I argue that we should reclaim the more traditional conception of public health as the provision of health-related public goods. The public goods account has the advantage of establishing a relatively clear and distinctive mission for public health. It ...
متن کاملPublic Goods
We require an economic system to cater to individual wants to the maximum possible extent expressed formally by means of an efficiency condition. Because the set of efficient outcomes is a function of individual preferences, a successful system must elicit information about those preferences. That desideratum, along with the fact that the information disclosed by an individual will be dictated ...
متن کاملPublic goods and procreation.
Procreation is the ultimate public goods problem. Each new child affects the welfare of many other people, and some (but not all) children produce uncompensated value that future people will enjoy. This essay addresses challenges that arise if we think of procreation and parenting as public goods. These include whether individual choices are likely to lead to a socially desirable outcome, and w...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Review of Income and Wealth
سال: 2018
ISSN: 0034-6586,1475-4991
DOI: 10.1111/roiw.12367