G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6795
DP6795 Long Run and Short Run Dynamics in Italian Manufacturing Labour Productivity
Carmine Pappalardo; Tatiana Cesaroni
发表日期2008-04-23
出版年2008
语种英语
摘要We consider a two-period model. In the first period, individuals consume two goods: one is sinful and the other is not. The sin good brings pleasure but has a detrimental effect on second period health and individuals tend to underestimate this effect. In the second period, individuals can devote part of their saving to improve their health status and thus compensate for the damage caused by their sinful consumption. We consider two alternative specifications concerning this second period health care decision: either individuals acknowledge that they have made a mistake in the first period out of myopia or ignorance, or they persist in ignoring the detrimental effect of their sinful consumption. We study the optimal linear taxes on sin good consumption, saving and health care expenditures for a paternalistic social planner. We compare those taxes in the two specifications. We show under which circumstances the first best outcome can be decentralized and we study the second best taxes when saving is unobservable.
主题Public Economics
关键词Behavioral economics Dual vs single self Paternalism
URLhttps://cepr.org/publications/dp6795
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535642
推荐引用方式
GB/T 7714
Carmine Pappalardo,Tatiana Cesaroni. DP6795 Long Run and Short Run Dynamics in Italian Manufacturing Labour Productivity. 2008.
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