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作者:Gächter, S; Thöni, C
作者单位:University of Nottingham; University of St Gallen
摘要:Many people contribute to public goods but stop doing so once they experience free riding. We test the hypothesis that groups whose members know that they are composed only of like-minded cooperators are able to maintain a higher cooperation level than the most cooperative, randomly composed groups. Our experiments confirm this hypothesis. We also predict that groups of like-minded free riders do not cooperate. Yet, we find a high level of strategic cooperation that eventually collapses. Our r...
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作者:Jurajda, S
摘要:This paper discusses the implication of recent results on the structure of gender wage gaps in transition economies for the literature on gender segregation. Differences in employment rates of low-wage women driven by initial transition policies may be responsible for different wage penalties to predominantly female occupations. New evidence presented here also suggests that the introduction of Western-type anti -discrimination policies has had little immediate effect on the structure of femal...
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作者:Smets, F; Wouters, R
摘要:This paper discusses the advantages of Bayesian New Neoclassical Synthesis models as tools for monetary policy analysis and forecasting. The combination of a sound, micro founded structure with a good probabilistic description of the observed data makes those models suitable for investigating the structural sources of business cycle fluctuations, for analysing optimal monetary policy responses to those developments and for making economic projections conditional on various policy assumptions. ...
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作者:Atkinson, AB; Salverda, W
作者单位:University of Oxford; University of Amsterdam
摘要:A method is developed for using income-tax data to investigate the evolution of the highest incomes over virtually the entire 20th century. The income shares of the top 10, 5, 1, 0.5, 0.1, and 0.05 percent are analysed for the UK and the Netherlands. For considering the top shares among themselves the Pareto-Lorenz coefficient is proposed. Between the two countries, the top shares appear to undergo a strikingly similar and strong decline up to the mid- 1970s. Since then British top shares have...
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作者:Alesina, A; Ardagna, S; Nicoletti, G; Schiantarelli, F
作者单位:Harvard University; National Bureau of Economic Research; Boston College
摘要:We use newly assembled data on regulation in several sectors of many OECD countries to provide evidence that regulatory reform of product markets is associated with an increase in investment. A component of reform that plays a very important role is entry liberalization, but privatization also has a substantial effect on investment. Sensitivity analysis suggests that our results are robust.
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作者:Kaboski, JP; Townsend, RM
作者单位:University System of Ohio; Ohio State University; University of Chicago
摘要:This paper uses variation in policies and institutional characteristics to evaluate the impacts of village-level rnicrofinance institutions in rural Thailand. To identify impacts, we use policies related to the successful/unsuccessful provision of services as exogenous variation in effective financial intermediation. We find that institutions, particularly those with good policies, can promote asset growth, consumption smoothing and occupational mobility, and can decrease moneylender reliance....
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作者:Edlund, L; Pande, R; Haider, L
作者单位:Columbia University; Yale University
摘要:Political survey data for nine West European countries show that women have become increasingly left-wing compared to men, and that this trend is positively correlated with the rise of nonmarriage in these countries. This pattern is mirrored in German longitudinal data (GSOEP), where transitions out of marriage make women, but not men, significantly more left-leaning. Analysis of public spending data for high-income OECD countries (1980-1998) suggests that the political impact of nonmarriage e...
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作者:Lalive, R; Zweimüller, J; van Ours, JC
作者单位:University of Zurich; Tilburg University
摘要:This paper investigates the effectiveness of unemployment benefit sanctions in reducing unemployment duration. Swiss data on benefit sanctions allow us to separate the effect of a warning that a person is not complying with eligibility requirements from the effect of the actual enforcement of a benefit sanction. Moreover, public employment services are given substantial leeway in setting the monitoring intensity. Results indicate that both warning and enforcement have a positive effect on the ...
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作者:Adolfson, M; Laséen, S; Lindé, J; Villani, M
作者单位:Stockholm University
摘要:In this paper we use a Dynamic Stochastic General Equilibrium (DSGE) model for an open economy to examine the role of sticky prices in explaining the joint behaviour of inflation and a fairly large set of macroeconomic variables. We find that price stickiness is an important feature for firms active in the domestic, export and import sectors, even though the model embodies variable capital utilisation, a working-capital channel and a time-varying inflation tat-get. We also document that price ...
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作者:Aghion, P; Burgess, R; Redding, S; Zilibotti, F
作者单位:University of London; London School Economics & Political Science
摘要:Industrial delicensing, which began in 1985 in India marked a discrete break from a past of centrally planned industrial development. Similar liberalization episodes are taking place across the globe. We develop a simple Schumpeterian growth model to understand how firms respond to the entry threat imposed by liberalization. The model emphasizes that firm responses, even within the same industrial sector, are likely to be heterogeneous leading to an increase in within industry inequality. Tech...