2-3期

最新文章

• Divorce, remarriage, and welfare: A general equilibrium approach AI翻译
  作者：Chiappori, Pierre-Andre; Weiss, Yoram
  作者单位：Columbia University; Tel Aviv University
  摘要：Modem marriage markets display increasing turnover, with less marriage but more divorce and remarriage. As a consequence, a large number of children live in single-parent and step-parent households. We summarize here a general equilibrium approach that allows welfare evaluations. In the absence of children, we show that higher aggregate divorce may raise welfare, because it facilitates remarriage. Even children may be better off in a high divorce-remarriage environment, because of stronger inc...
• The knowledge economy at the turn of the twentieth century: The emergence of hierarchies AI翻译
  作者：Garicano, Luis; Rossi-Hansberg, Esteban
  作者单位：University of Chicago; Princeton University
  摘要：We use a simplified version of Garicano and Rossi-Hansberg (2005) to understand the impact of improvements in communications technology at the turn of the twentieth century on wages and organization. Improvements in communication technology allow individuals of different skills to abandon self-employment and form teams with each other. In particular, they allow high-skill agents to leverage their knowledge by specializing in the hardest tasks and hiring low-skill agents to do the routine tasks...
• Presidential address - Costly communication and incentives AI翻译
  作者：Dewatripont, Mathias
  作者单位：Universite Libre de Bruxelles
  摘要：This paper discusses the introduction of incentive considerations in a model of costly communication. It starts from a simplified version of a team-theoretic model due to Dessein and Santos (2003), which relates the design of an organization to its adaptiveness to environmental uncertainty. Incentives are introduced in this setting, following an approach developed by Dewatripont and Tirole (2005). Doing so enriches the analysis by allowing for the coexistence of various forms of communication,...
• Aggregate implications of wealth redistribution: The case of inflation AI翻译
  作者：Doepke, Matthias; Schneider, Martin
  作者单位：University of California System; University of California Los Angeles; New York University; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
  摘要：This paper shows that a zero-sum redistribution of wealth within a country can have persistent aggregate effects. Motivated by the case of an unanticipated inflation episode, we consider redistribution shocks that shift resources from old to young households. Aggregate effects arise because there are asymmetries in the reaction of winners and losers to changes in wealth. We focus on two sources of asymmetries: Differences in the average age of winners and losers, and differences in their labor...
• Outsourcing and offshoring of business services: How important is ICT? AI翻译
  作者：Abramovsky, Laura; Griffith, Rachel
  摘要：This paper considers the impact that information and communication technology (ICT) has on firms' choices over organisational form. In particular, the decision over whether to produce in-house or outsource services, and the decision over the location of activity. ICT reduces the transaction and adjustment costs of moving activity outside the firm, and of carrying it but at greater geographic distance. We find that more ICT-intensive firms purchase a greater amount of services on the market and...