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作者：Fernandez, Raquel
作者单位：Center for Economic & Policy Research (CEPR); New York University; National Bureau of Economic Research
摘要：This paper examines how family structure can influence the macroeconomy. It uses a simple model where the key features are taken as exogenous and shows that the sorting of individuals into families can have important quantitative effects on human capital formation, inequality and income. It then discusses how these features can be endogenized and suggests avenues for future research. (JEL: D10, D31, I2, J12)
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作者：Merlo, Antonio
作者单位：University of Pennsylvania
摘要：In this paper, I present a structural approach to investigate empirically the relation between income distribution, police expenditures and crime. The approach is based on the estimation of an equilibrium model where heterogeneous individuals choose whether to engage in criminal activities and expenditures on police to apprehend criminals are determined endogenously through majority voting. I discuss the identification and estimation of the parameters of the structural model using data for the...
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作者：Desgranges, Gabriel; Geoffard, Pierre-Yves; Guesnerie, Roger
作者单位：CY Cergy Paris Universite; Universite Jean Monnet; University of Lausanne
摘要：A simple model with asymmetric information, in which inventory holders or traders submit demand curves to an auctioneer, has a unique partially revealing equilibrium. We wonder whether the agents can plausibly coordinate on this equilibrium through eductive reasoning relying on common knowledge. The analysis stresses the role of two effects, sensitivity and amplification, whose product should be small enough. The property is obtained whenever the equilibrium excess demand is steep enough, i.e....
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作者：Manski, Charles F.; Mayshar, Joram
作者单位：Northwestern University; Hebrew University of Jerusalem
摘要：This paper explores how private and social incentives for fertility may have combined to produce the complex fertility pattern observed in Israel in the past half-century. Fertility has declined within some ethnic-religious groups, moderately increased in others, and parts of the ultra-Orthodox Jewish population have experienced a reverse fertility transition, in which childbearing has increased rapidly and substantially. We present a theoretical analysis of the social dynamics of fertility th...
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作者：Navaretti, Giorgio Barba; Checchi, Daniele; Turrini, Alessandro
作者单位：University of Milan
摘要：This paper provides a cross-country perspective to the firm-level analysis of the relation between foreign ownership and labor demand in host countries. We estimate labor demand equations in eleven European countries using dynamic panel data techniques on samples that permit to distinguish the ownership status of firms. We find that the employment adjustment is significantly faster in Multinational's affiliates (MNEs) compared with national firms (NEs), irrespective of the country investigated...
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作者：Abbring, Jaap H.; Heckman, James J.; Chiappori, Pierre-Andre; Pinquet, Jean
作者单位：Free University of Berlin; University of Chicago; Universite Paris Nanterre
摘要：A standard problem of applied contracts theory is to empirically distinguish between adverse selection and moral hazard. We show that dynamic insurance data allow to distinguish moral hazard from dynamic selection on unobservables. In the presence of moral hazard, experience rating implies negative occurrence dependence: individual claim intensities decrease with the number of past claims. We discuss econometric tests for the various types of data that are typically available. Finally, we argu...
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作者：Klemperer, Paul
作者单位：University of Oxford
摘要：Economic theory is often abused in practical policy-making. There is frequently excessive focus on sophisticated theory at the expense of elementary theory; too much economic knowledge can sometimes be a dangerous thing. Too little attention is paid to the wider economic context, and to the dangers posed by political pressures. Superficially trivial distinctions between policy proposals may be economically significant, while economically irrelevant distinctions may be politically important. I ...
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作者：Battaglini, Marco; Benabou, Roland
作者单位：Princeton University; Center for Economic & Policy Research (CEPR); National Bureau of Economic Research
摘要：We study political activism by several interest groups with private signals. When their ideological distance to the policymaker is small, a low-trust regime prevails: agents frequently lobby even when it is unwarranted, taking advantage of the confirmation provided by others' activism; conversely, the policymaker responds only to generalized pressure. When ideological distance is large, a high-trust regime prevails: lobbying behavior is disciplined by the potential contradiction from abstainer...
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作者：Bosello, Francesco; Buchner, Barbara; Carraro, Carlo
作者单位：Universita Ca Foscari Venezia
摘要：The paper analyzes the effects of different equity principles on the decision of developing countries to join a world coalition whose aim is to control greenhouse gas emissions. A game-theoretic framework is proposed to assess the incentives for different countries to sign an international treaty on climate change control. Then, the effects of different equity rules on these incentives are evaluated by using a dynamic integrated growth and climate model. Policy proposals based on transfers fro...
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作者：Axarloglou, Kostas; Theoharakis, Vasilis
摘要：It is still debatable whether scientific diversity is a virtue or a disadvantage for the development of a discipline. Nonetheless, diversity among scientists with respect to their journal quality perceptions plays an important role in hiring and promotion decisions. In this article we examine the degree of diversity within economics based on the journal quality perceptions of 2,103 AEA economists worldwide. Specifically, we empirically test for factors that might explain differences in an econ...
