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作者:Abramitzky, Ran
作者单位:Stanford University
摘要:This paper tests a key theoretical prediction of public finance, that local redistribution induces sorting of the population so that less productive individuals are located in communities with more redistribution. Specifically, I use a longitudinal data set to test whether and to what extent the intensive redistribution practiced by Israeli kibbutzim encourages exit of more productive individuals and entry of less productive ones. The findings support the theoretical prediction. Kibbutz-leaver...
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作者:Conconi, Paola; Sahuguet, Nicolas
作者单位:Universite Libre de Bruxelles; Universite de Montreal; HEC Montreal
摘要:This paper examines the impact of policymakers' horizon on the sustainability of international cooperation. We describe a prisoners' dilemma game between two infinitely-lived countries run by policymakers. We show that re-election incentives can act as a discipline device, making it easier to sustain cooperation between policymakers with finite but potentially renewable mandates than between infinitely-lived policymakers. We also show that, when voting suffers from a recency bias, policymakers...
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作者:Ujhelyi, Gergely
作者单位:University of Houston System; University of Houston
摘要:Regulatory caps on contributions to political campaigns are the cornerstones of campaign finance legislation in many established democracies, and their introduction is considered by most emerging ones. Are these regulations desirable? This paper studies contribution caps in a menu auction lobbying model with limited budgets and costly entry. In the absence of entry, contribution caps improve welfare by leveling the political playing field. With entry, however, a competition effect and a bargai...
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作者:Uler, Neslihan
作者单位:University of Michigan System; University of Michigan
摘要:This paper studies the relationship between redistributive taxation and tax-deductible charitable contributions. Redistribution has two opposite effects on voluntary giving. The price of charitable giving decreases with the degree of redistribution, and this has a positive effect on the total amount of giving (substitution effect). However, redistribution leads to lower consumption for the contributors and therefore has a negative effect on contributions to the charity (income effect). The the...
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作者:Aizer, Anna; Dal Bo, Pedro
作者单位:Brown University
摘要:Many violent relationships are characterized by a high degree of cyclicality: women who are the victims of domestic violence often leave and return multiple times. To explain this we develop a model of time inconsistent preferences in the context of domestic violence. This time inconsistency generates a demand for commitment. We present supporting evidence that women in violent relationships display time inconsistent preferences by examining their demand for commitment devices. We find that no...
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作者:Forni, Lorenzo; Monteforte, Libero; Sessa, Luca
作者单位:European Central Bank; Bank of Italy
摘要:This paper describes a dynamic stochastic general equilibrium model featuring a fraction of non-Ricardian agents in order to estimate the effects of fiscal policy in the Euro area. The model takes into account distortionary taxation on labor and capital income and on consumption, while expenditures are broken down into purchases of goods and services, compensation of public employees and transfers to households. A newly computed quarterly data set of fiscal variables is used. Our results point...
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作者:Fiva, Jon H.
作者单位:University of Oslo
摘要:This paper studies how changes in welfare policy affect welfare recipients' residential choices. Although several empirical studies have stressed that welfare policy may affect residential choices of welfare recipients, few studies have simultaneously taken into account that residential choices of welfare recipients are also likely to affect welfare policy. This paper utilizes a policy reform to address this policy endogeneity. The results show that welfare policy exerts a substantial effect o...
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作者:Lakdawalla, Darius; Sood, Neeraj
作者单位:RAND Corporation; National Bureau of Economic Research
摘要:Rewarding inventors with inefficient monopoly power has long been regarded as the price of encouraging innovation. Prescription drug insurance escapes that trade-off and achieves an elusive goal: lowering static deadweight loss, without reducing incentives for innovation. As a result of this feature, the public provision of drug insurance can be welfare-improving, even for risk-neutral and purely self-interested consumers. The design of insurers' cost-sharing schedules can either reinforce or ...
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作者:Hungerbuhler, Mathias; Lehmann, Etienne
作者单位:Institut Polytechnique de Paris; ENSAE Paris; University of Namur; Institut Polytechnique de Paris; ENSAE Paris
摘要:We build a theoretical model to study whether a minimum wage call be welfare-improving if it is implemented in conjunction with an optimized nonlinear income tax. We consider this issue in a framework where search frictions on the labor market generate unemployment. Workers differ in productivity. the government does not observe workers' productivity but Only their wages. Hence, the redistributive policy solves an adverse selection problem. We show that a minimum wage is optimal if the bargain...
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作者:Alm, James; Jackson, Betty R.; McKee, Michael
作者单位:University of North Carolina; Appalachian State University; University System of Georgia; Georgia State University; University of Colorado System; University of Colorado Boulder
摘要:The question for the tax authority is how individuals become aware of enforcement effort. To be an effective tool in reducing tax evasion taxpayers must be aware of the Current audit and penalty regime. We use laboratory experiments to examine the compliance impact of types of information dissemination regarding audit frequency and results. The information includes official information disseminated by the tax authority, and unofficial, or informal, communications among tax payers. Our results,...