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作者:Lee, Kyung-woo
作者单位:Handong Global University
摘要:This paper studies the U.S. income tax and disability insurance systems in a unified framework with relevant private information and a general social welfare function. To that end, I develop a dynamic model in which agents differ in labor productivity and disability status, which are both private information. The optimal allocation can exhibit negative marginal labor income tax rates for high-skilled individuals but zero for low-skilled individuals, which is contrary to standard results. Also,...
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作者:Patacconi, Andrea; Vikander, Nick
作者单位:University of East Anglia; University of Copenhagen
摘要:Policymakers often motivate their decisions using information collected by government agencies. While more information can help hold the government to account, it may also give policymakers an incentive to meddle with the work of bureaucrats. This paper develops a model of biased information gathering to examine how different disclosure rules and the degree of independence of government agencies affect citizen welfare. Disclosure rules and agency independence interact in subtle ways. We find t...
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作者:Schroeder, Elizabeth; Stone, Daniel F.
作者单位:Oregon State University; Bowdoin College
摘要:The effects of partisan media on political knowledge are theoretically ambiguous. Knowledge effects are important because of their close connection to welfare effects, but the existing empirical literature on knowledge is limited. We study the knowledge effects of the Fox News Channel. Following DellaVigna and Kaplan (2007), we exploit naturally random variation in Fox's availability to identify causal effects. We use knowledge survey data from 2000, 2004 and 2008; our final sample has nearly ...
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作者:Malani, Anup; Reif, Julian
作者单位:University of Chicago; National Bureau of Economic Research; University of Illinois System; University of Illinois Urbana-Champaign
摘要:While conducting empirical work, researchers sometimes observe changes in outcomes before adoption of a new policy. The conventional diagnosis is that treatment is endogenous. This observation is also consistent, however, with anticipation effects that arise naturally out of many theoretical models. This paper illustrates that distinguishing endogeneity from anticipation matters greatly when estimating treatment effects. It provides a framework for comparing different methods for estimating an...
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作者:Binner, Amy; Day, Brett
作者单位:University of East Anglia
摘要:In most equilibrium sorting models (ESMs) of residential choice across neighborhoods, the question of whether households rent or buy their home is either ignored or else tenure status is treated as exogenous. Of course, tenure status is not exogenous and households' tenure choices may have important public policy implications, particularly since higher levels of homeownership have been shown to correlate strongly with various indicators of improved neighborhood quality. Indeed, numerous polici...
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作者:Bartling, Bjorn; Fischbacher, Urs; Schudy, Simeon
作者单位:University of Zurich; University of Konstanz; University of Munich
摘要:This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process. We conduct an experimental voting game in which decision makers vote about the allocation of money between themselves and recipients without voting rights. We measure responsibility attributions for voting decisions by eliciting the monetary punishment th...
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作者:Blomquist, Soeren; Moene, Karl
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作者:Kreiner, Claus Thustrup; Munch, Jakob Roland; Whitta-Jacobsen, Hans Jorgen
作者单位:University of Copenhagen; Leibniz Association; Ifo Institut; IZA Institute Labor Economics
摘要:Inspired by Hayek (1945), we study the distortionary effects of taxation on labor mobility and the long run allocation of labor across different profitable opportunities. These effects are not well detected by the methods applied in the large public finance literature estimating the elasticity of taxable income and quantifying the efficiency loss from taxation. Our analysis builds on a standard search theoretic framework where workers are continually seeking better paid jobs, but are also fire...
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作者:Feiveson, Laura
摘要:In this paper, I find that in the context of a large intergovernmental general revenue sharing program implemented from 1972 to 1986, cities increased expenditures one-for-one with federal grants, which is suggestive of a large flypaper effect. Furthermore, I find that cities in states with pro-union collective bargaining laws spent more than half of the transfers on increased wages, while cities in states without such laws spent a greater fraction on increased government services. These latte...
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作者:Bracco, Emanuele; Lockwood, Ben; Porcelli, Francesco; Redoano, Michela
作者单位:Lancaster University; University of Warwick; University of Warwick; Centre for Economic Policy Research - UK; University of Oxford
摘要:This paper provides a simple political agency model to explain the effect of political alignment between different tiers of government on intergovernmental grants and election outcomes. Key features of the model are: (i) rational voters interpret public good provision as a signal of incumbent competence, and (ii) realistically, grants are unobservable to voters. In this setting, the national government will use the grant as an instrument to manipulate the public good signal for the benefit of ...