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Intratemporal elasticity of substitution between private and public consumption: new evidence and implications
This paper estimates the intratemporal elasticity of substitution (IES) between private and public consumption in private utility. Using panel data...
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A tale of declining public provision and burgeoning private supplements
I study an economy, à la Epple and Romano (J Political Econ 104:57-87, 1996), where a private good (a necessity) is publicly provided (for free),...
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Private and public debt convergence: a fractional cointegration approach
The devastating effects of the financial and economic recessions within the last two decades have led researchers to question whether there is a...
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Private provision of public good and endogenous income inequality
We model a simple economy with privately provided public good and with two groups of individuals—rich and poor. Only rich people contribute to the...
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Contributing with private bundles to public goods
We extend to multiple private commodities the seminal model by Bergstrom et al. (J Public Econ 29:25–49, 1986) on the private provision of public...
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Public Finance, Fiscal Rules and Public–Private Partnerships: Lessons for Post-COVID-19 Investment Plans
We explore the distribution of public–private partnerships (PPPs) among the European Union countries, with a special focus on fiscal rules and...
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Private provision of public goods under price uncertainty: a comment
We revise a result stating that there is a positive relationship between contributions and welfare in a public good provision game under price...
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To sell public or private goods
Traditional analysis takes the public or private nature of goods as given. However, technological advances, particularly related to digital goods...
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The global impact of public and private funding on cultural and economic movie success: evidence from German film funding
Entertainment products such as movies are risky investments but contribute to societal welfare through their cultural and economic value. Therefore,...
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Can optimal unfunded public pensions co-exist with voluntary private retirement savings?
A classic result in dynamic public economics says that for a dynamically efficient overlap**-generations economy, there is no long-run welfare role...
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Private provision of public goods: a general equilibrium analysis
We develop a general equilibrium model of private provision of public good where capital owners contribute but others do not. It is shown that the...
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Public Versus Private Investment in Education in a Two Tiers System: The Role of Income Inequality and Intergenerational Persistence in Education
This paper provides a simple political economy model of hierarchical education to study the endogenous determination of the public education budget...
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The Influence of Contractual and Relational Governance on the Sustainable Performance of Public-Private Partnership Projects: Findings from PLS-SEM and fsQCA
As a widely adopted model of infrastructure and public service provision, the goal of public-private partnership (PPP) projects is gradually shifting...
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Human capital consumption of households in a generational economy: evidence and implications for India
Using the National Transfer Accounts (NTA) methodology, this study calculates the cost of human capital consumption by children, youth, adults and...
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Public–private partnerships for energy transition: studying role of economic change and energy restructuring over the time
The absence of consistent access to efficient energy sources has far-reaching consequences for people's health, their finances, and the economy as a...
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Allocating Police and Security: Comparing Public and Private Processes and Consequences
Most resource, including police and private security labor and capital, are scarce so they must be allocated (rationed) among alternative uses. There...
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Markets and knowledge commons: Is there a difference between private and community governance of markets?
It is well-established that market governance can be provided by both public (state) and private organizations. However, the concept of private...
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Monitoring consumption Switzerland: data, background, and use cases
Monitoring Consumption Switzerland is a public–private partnership between the University of St. Gallen and the payment companies Worldline and SIX...
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Habit formation and the pareto-efficient provision of public goods
This paper examines the implications of habit formation in private and public goods consumption for the Pareto-efficient provision of public goods,...
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Consumption and Liquidity Shocks
We study the response of consumption to anticipated and unanticipated liquidity gains using information on gifts (occasional and recurrent) and...
