Michael S. Michael

TL;DR: In this article, the authors consider a policy reform within the complete indirect tax structure (i.e., an increase in consumption taxes combined with a decrease in tariffs) that improves welfare and raises government revenue.

TL;DR: In this article, the authors identify conditions under which decreasing tariffs and increasing consumption tax rates improve welfare while government revenue remains constant, and examine with and without the constant revenue constraint the conditions in which the movement of the total tax burden rates toward uniformity, through adjustments in consumption tax and tariff rates, improves welfare.

TL;DR: In this paper, a general equilibrium model of a two-class source or host country was constructed to examine the effects of permanent migration on class, and national welfare, showing that marginal immigration hurts people already in the country regardless of whether or not non-traded goods exist.

TL;DR: In this paper, the authors highlight aspects related to the links between international migration, foreign tied aid and the welfare state, and find that when the immigration cost decreases, e.g. due to greater economic integration between the two countries, it is beneficial for the donor country to increase aid.

TL;DR: In this article, the welfare consequences of immigration policies in a model with two types of labour, skilled and unskilled, and international capital mobility were investigated and it was shown that in the absence of capital mobility, if skilled and nonskilled labour are highly complementary in production, then a decrease in the immigration cost of the net fiscal contributor skilled labour decreases the welfare of the native population.