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作者:Beccherle, Julien; Tirole, Jean
作者单位:Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics
摘要:The Kyoto and Copenhagen Protocols on climate change mitigation postponed the specification of binding commitments to a future negotiation. This paper analyzes the strategic implications of delayed negotiations. While, as is well-understood, the incentive to free ride leads to excessive emissions prior to a binding agreement, the cost of delay is magnified by players' attempt to secure a favorable bargaining position in the future negotiation. A brinkmanship, an effort substitution, and a rais...
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作者:Malamud, Ofer; Pop-Eleches, Cristian
作者单位:Columbia University; University of Chicago; National Bureau of Economic Research
摘要:When students are tracked into vocational and academic secondary schools, access to higher education is usually restricted to those who complete an academic track. Postponing such tracking may increase university attendance among disadvantaged students if additional time in school enables them to catch up with their more privileged counterparts. However, if ability and expectations are fairly well set by an early age, postponing tracking during adolescence may not have much effect. This paper ...
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作者:Blanes i Vidal, Jordi; Leaver, Clare
作者单位:University of London; London School Economics & Political Science; University of Oxford
摘要:Tenured public officials such as judges are often thought to be insulated from political pressure and, as a result, indifferent to the concerns of the electorate. We investigate this proposition empirically using data on promotion decisions taken by senior English judges between 1985 and 2005. Throughout this period the popular view was one of ill-disciplined elitism: senior judges were alleged to be favouring candidates from elite backgrounds over their equally capable non-elite counterparts....
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作者:Becchetti, Leonardo; Conzo, Pierluigi
作者单位:University of Rome Tor Vergata
摘要:Creditworthiness and trustworthiness are almost synonyms because, under asymmetric information, the act of conferring a loan has the indirect effect of signaling the trustworthiness of the borrower. We test the creditworthiness/trustworthiness nexus in an investment game experiment on a sample of participants/nonparticipants in a microfinance program in Argentina and find that trustors give significantly more to (and believe they will receive more from) microfinance borrowers. The first- and s...
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作者:Caliendo, Marco; Kuenn, Steffen
作者单位:IZA Institute Labor Economics; Free University of Berlin; Leibniz Association; DIW Berlin - Deutsches Institut fur Wirtschaftsforschung
摘要:Turning unemployment into self-employment has become an increasingly important part of active labor market policies (ALMP) in many OECD countries. Germany is a good example where the spending on start-up subsidies for the unemployed accounted for nearly 17% of the total spending on ALMP in 2004. In contrast to other programs like vocational training, job creation schemes, or wage subsidies the empirical evidence on the effectiveness of such schemes is still scarce: especially regarding long-te...
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作者:Jacquet, Laurence; Van de Gaer, Dirk
作者单位:Norwegian School of Economics (NHH); Universite Catholique Louvain; Universite Catholique Louvain; Universite Catholique Louvain
摘要:This paper examines optimal redistribution in a model with high- and low-skilled individuals with heterogeneous tastes for labor. We compare the extent to which optimal policies based on different normative criteria obey the principles of compensation (for differential skills) and responsibility (for preferences for labor) when labor supply is along the extensive margin. With heterogeneity in skills and preferences, traditional Welfarist criteria including Utilitarianism present unappealing po...
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作者:Null, C.
作者单位:Emory University
摘要:More than 200 donors participated in a framed field experiment which consisted of a series of decisions about how to divide a gift between a set of similar charities. Most subjects simultaneously gave to multiple charities with similar missions even when the social benefit of gifts to different charities were not equal, as proxied by the matching rates applied to subjects' gifts. Taking each subject's preferences over the set of charities as given, these choices resulted in substantial ineffic...
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作者:Gries, Thomas; Naude, Wim
作者单位:University of Paderborn
摘要:We provide a formal model of entrepreneurship in human development. The framework is provided by the capabilities approach (CA). Hence we extend not only the conceptualisation of entrepreneurship in development, but the reach of the CA into entrepreneurship. From a CA view, entrepreneurship is not only a production factor, or a means to an end, as is often taken to be the case by economists, but also an end in itself. Entrepreneurship can be a human functioning and can contribute towards expan...
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作者:Pudney, Stephen
作者单位:University of Essex
摘要:Implementation of broad approaches to welfare analysis usually entails the use of 'subjective' welfare indicators. We analyse BHPS data on financial wellbeing to determine whether reported current and retrospective perceptions are consistent with each other and with the existence of a common underlying wellbeing concept. We allow for adjustment of perceptions in a vector ARMA model for panel data, with dependent variables observed ordinally and find that current perceptions exhibit slow adjust...
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作者:Brett, Craig; Weymark, John A.
作者单位:Vanderbilt University; Mount Allison University
摘要:The impacts of changing the number of individuals of a particular skill level on the solutions to two versions of the finite population optimal nonlinear income tax problem are investigated. In one version, preferences are quasilinear in leisure. For this version, it is shown that it is possible to sign the directions of,change in everyone's optimal consumptions and optimal marginal tax rates. In the other version, preferences are quasilinear in consumption. For this version, it is shown that ...