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作者:Decreuse, Bruno; van Ypersele, Tanguy
作者单位:Aix-Marseille Universite
摘要:Controlling for country fixed effects, there is a positive and statistically significant relationship between the degree of housing market regulation (HMR) and the strictness of employment protection legislation (EPL) in OECD countries. We provide a model in which HMR increases foreclosure costs in case of mortgage default, while EPL raises the administrative cost of dismissal. Owing to banks' lending behavior, individuals' demand for job protection increases with the cost of foreclosure. We u...
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作者:Hahn, Volker
作者单位:Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要:We introduce the notion of verifiable information into a model of sequential debate among experts who are motivated by career concerns. We show that self-censorship may hamper the efficiency of information aggregation, as experts withhold evidence contradicting the conventional wisdom. In this case, silence is telling and undermines the prevailing view over time if this view is incorrect. As a result, withholding arguments about the correct state of the world is only a temporary phenomenon, an...
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作者:Baron, David P.
作者单位:Stanford University
摘要:Credence attributes of products are unobservable through search or experience. Some consumers are willing to pay a premium for their provision, and in addition, citizens can apply social pressure on firms to supply credence attributes. Firms have formed voluntary organizations to assure the provision of credence attributes, and the credible provision provides product differentiation. This paper provides a theory of the voluntary provision of credence attributes in the presence of demand pull f...
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作者:Brosig-Koch, Jeannette; Helbach, Christoph; Ockenfels, Axel; Weimann, Joachim
作者单位:Otto von Guericke University; University of Duisburg Essen; University of Cologne
摘要:Using data from laboratory experiments, we find that East Germans show consistently less solidarity than West Germans; there has been no convergence in the 20 years after the reunification. While it has recently been estimated that political values converge 20 to 40 years after the reunification (Alesina and Fuchs-Schundeln, 2007), we conclude from our findings that social behavior changes more slowly than political values. We hypothesize that this is due to complementarities involved in indiv...
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作者:Evans, William N.; Moore, Timothy J.
作者单位:University of Notre Dame; National Bureau of Economic Research; University System of Maryland; University of Maryland College Park
摘要:Researchers and retailers have documented that consumption declines before the receipt of income, and then rises afterwards. In this paper, we identify a related phenomenon, where mortality rises immediately after income receipt. We find that mortality increases following the arrival of monthly Social Security payments, regular wage payments for military personnel, the 2001 tax rebates, and Alaska Permanent Fund dividend payments. The increase in short-run mortality is large, and occurs for ma...
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作者:Immervoll, Herwig; Kleven, Henrik Jacobsen; Kreiner, Claus Thustrup; Verdelin, Nicolaj
作者单位:University of Essex; Organisation for Economic Co-operation & Development (OECD); University of Essex; University of London; London School Economics & Political Science; University of Copenhagen
摘要:This paper analyzes the optimal design of general nonlinear tax-transfer schedules for couples under unitary and collective approaches to family decision making. We consider a double-extensive model of labor supply where each spouse makes a labor force participation choice for given hours of work. We present simple and intuitive optimal tax rules that generalize existing findings on the optimal taxation of single-person households with extensive responses (Saez, 2002) to the case of two-person...
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作者:Tonin, Mirco
作者单位:University of Southampton; IZA Institute Labor Economics
摘要:This paper examines the interaction between minimum wage legislation and tax evasion by employed labor. I develop a model in which firms and workers may agree to report less than the true amount of earnings to the fiscal authorities. I show that introducing a minimum wage creates a spike in the distribution of declared earnings and induces higher compliance by some agents, thus reducing their disposable income. The comparison of food consumption and of the consumption-income gap before and aft...