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作者：Fleurbaey, Marc; Ponthiere, Gregory
作者单位：Princeton University; Paris School of Economics; Universite PSL; Ecole Normale Superieure (ENS)
摘要：Common sense supports prevention policies aimed at improving survival prospects among the population. It is also widely acknowledged that an early death is a serious disadvantage, and that attention should be paid to the compensation of short-lived individuals. This paper re-examines the compatibility of those two concerns: prevention against early death and compensation for early death. We show that, under mild conditions, no social ordering on allocations can satisfy a concern for prevention...
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作者：Burgess, David F.
作者单位：Western University (University of Western Ontario)
摘要：This paper shows that, in an economy with an exogenous rate of return and a given capital income tax distortion, and with lump sum taxes as the marginal tax instrument, the SOC and MCF criteria both correctly identify all worthwhile projects if the criteria are properly applied. The equivalence between the SOC and MCF criteria continues to hold i) if distortionary taxes are used to balance the budget, and ii) if the rate of return to capital is endogenous. Apparent differences between the SOC ...
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作者：Currie, Janet; Lin, Wanchuan; Meng, Juanjuan
作者单位：Princeton University; Peking University
摘要：This paper asks whether gift exchange generates externalities for people outside of the bilateral relationship between the gift giver and recipient, and whether the nature of this relationship is affected by social networks. We examine this question in the context of a field experiment in urban Chinese hospital outpatient clinics. We first show that when patients give a small gift, doctors reciprocate with better service and a fewer unnecessary prescriptions of antibiotics. We then show that g...
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作者：Vendrik, Maarten C. M.
作者单位：Maastricht University
摘要：Adaptation, anticipation and social-reference effects on happiness are strongly interrelated phenomena. However, in the existing empirical literature these phenomena are mainly studied in isolation from each other. Therefore, using SOEP panel data for the years 1984-2007, this study offers an integrated investigation of the implications of these three phenomena for the dynamics of individual life satisfaction. I focus on the short and long-run effects of income and social reference income, but...
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作者：Lin, Liguo
作者单位：Shanghai University of Finance & Economics
摘要：This paper investigates how industrial plants react to inspections conducted by environmental authorities under the pollution levy (taxation) regulation in China. Contrary to studies in the United States and Canada (Magat and Viscusi, 1990; Laplante and Rilstone, 1996), and previous studies in China (Dasgupta et al., 2001), we find that inspections increase plants' self-reported pollution by 3.45%. We provide a model to analyze plants' strategic reactions to the pollution levy regulation in Ch...
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作者：Brender, Adi; Drazen, Allan
作者单位：Bank of Israel; University System of Maryland; University of Maryland College Park; National Bureau of Economic Research
摘要：Do elections allow voters to express their policy preferences, with change in government spending patterns following the election of a new leader? How long does it take for the composition of government spending to change following a change in leadership? Or, do significant spending changes precede (rather than follow) elections, with incumbents using significant changes in spending composition as an electoral tool? Using a dataset we created on government expenditure composition in 71 democra...
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作者：Christiansen, Nels
作者单位：Trinity University
摘要：This paper examines the incentives of voters to appoint legislators with different preferences from their own. The paper adopts an underlying legislative bargaining model proposed by Volden and Wiseman (2007) in which legislators with heterogeneous preferences divide a fixed budget between a public good and pork projects (local public goods). We show that voters have an incentive to strategically delegate to affect how the budget is divided at the legislative level. When voters' preferences fo...
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作者：Kahn, Matthew E.; Mansur, Erin T.
作者单位：National Bureau of Economic Research; Dartmouth College
摘要：Manufacturing industries differ with respect to their energy intensity, labor-to-capital ratio and their pollution intensity. Across the United States, there is significant variation in electricity prices and labor and environmental regulation. This paper examines whether the basic logic of comparative advantage can explain the geographical clustering of U.S. manufacturing. We document that energy-intensive industries concentrate in low electricity price counties and labor-intensive industries...
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作者：Cullen, Julie Berry; Long, Mark C.; Reback, Randall
作者单位：University of California System; University of California San Diego; University of Washington; University of Washington Seattle; Columbia University
摘要：Beginning in 1998, all students in the state of Texas who graduated in the top 10% of their high school classes were guaranteed admission to any in-state public higher education institution, including the flagships. While the goal of this policy is to improve college access for disadvantaged and minority students, the use of a school-specific standard to determine eligibility could have unintended consequences. Students may increase their chances of being in the top 10% by choosing a high scho...
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作者：MacKenzie, Ian A.; Ohndorf, Markus
作者单位：University of Queensland; Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要：We investigate the efficiency of Coasean bargaining when restrictions are placed on the set of feasible bargaining outcomes. When property rights are costly to (defend) appropriate, we find that bargaining restrictions may be Pareto superior to unconstrained voluntary exchange. Under cost uncertainty over the harmful activity, we show that an efficient configuration of restrictions must balance the potential reduction in appropriation costs with the possibility of allocatively inefficient barg...
