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作者:Shelton, Cameron A.
作者单位:Wesleyan University
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作者:Sivadasan, Jagadeesh; Slemrod, Joel
作者单位:University of Michigan System; University of Michigan
摘要:We examine the effects of a 1992 income tax law change in India that eliminated the tax penalty on wages paid to partners in partnership firms using a large dataset covering all registered plants in the manufacturing sector over the period 1986 to 1995. This tax law change provides a unique opportunity to identify the effects of tax policy changes on firm behavior in a developing country context. We find an immediate and pervasive response by partnership firms to the tax law change, reflected ...
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作者:Wilhelm, Mark Ottoni; Brown, Eleanor; Rooney, Patrick M.; Steinberg, Richard
作者单位:Indiana University System; Indiana University Indianapolis; Indiana University System; Indiana University Bloomington; Claremont Colleges; Pomona College
摘要:This paper estimates the correlation between the generosity of parents and the generosity of their adult children using regression models of adult children's charitable giving. New charitable giving data are collected in the Panel Study of Income Dynamics and used to estimate the regression models. The regression models are estimated using a wide variety of techniques and specification tests, and the strength of the intergenerational giving correlations is compared with intergenerational corre...
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作者:Shelton, Cameron A.
作者单位:Wesleyan University
摘要:Razin, Sadka, and Swagel [Razin, Asaf, Efraim Sadka, and Phillip Swagel (2002) The Aging Population and the Size of the Welfare State The Journal of Political Economy, vol. 110, no. 4, pp. 900-918.] unveil a puzzling fact: the welfare state appears to be shrinking even as the dependency ratio rises. While they formulate an elegant political economy model to explain the coexistence of an aging population and declining transfers, the resolution of the puzzle turns out to be much simpler. Labor t...
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作者:van Ours, Jan C.; Vodopivee, Milan
作者单位:Tilburg University; University of Melbourne; IZA Institute Labor Economics
摘要:This paper analyzes how a change in Slovenia's unemployment insurance law affected the quality of jobs workers found after periods of unemployment. Taking advantage the natural experiment we show through difference-in-differences estimation results that reducing the potential duration of unemployment benefits had no detectable effect on wages, on the probability of securing a permanent rather than a temporary job, or on the duration of the post-unemployment job. (c) 2007 Elsevier B.V. All righ...
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作者:Nikiforakis, Nikos
作者单位:University of Melbourne
摘要:A number of experimental studies have shown that the opportunity to punish anti-social behavior increases cooperation levels when agents face a social dilemma. Using a public good experiment, I show that in the presence of counter-punishment opportunities cooperators are less willing to punish free riders. As a result, cooperation breaks down and groups have lower earnings in comparison to a treatment without punishments where free riding is predominant. Approximately one quarter of all punish...
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作者:Loewenstein, George; Ubel, Peter A.
作者单位:Carnegie Mellon University; University of Michigan System; University of Michigan
摘要:Many economists are becoming supportive of 'soft' paternalistic interventions that help people to avoid common decision errors without curtailing individual autonomy. To identify when such interventions could be beneficial, and to assess their success, requires a welfare criterion. However, traditional preference or choice-based criteria cannot serve this function because they assume that whatever people choose makes them better off. An alternative criterion that bases welfare on happiness rat...
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作者:Brett, Craig; Weymark, John A.
作者单位:Vanderbilt University; Mount Allison University
摘要:The impact of changing an individual's skill level on the solution to a finite population version of the Mirrlees optimal nonlinear income tax problem with quasilinear-in-leisure preferences is investigated. It is shown that it is possible to sign the directions of change in everyone's optimal consumptions and optimal marginal tax rates in response to such a change. (c) 2008 Elsevier B.V. All rights reserved.
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作者:Araujo, M. Caridad; Ferreira, Francisco H. G.; Lanjouw, Peter; Oezler, Berk
作者单位:The World Bank
摘要:This paper provides evidence consistent with elite capture of Social Fund investment projects in Ecuador. Exploiting a unique combination of data sets on village-level income distributions, Social Fund project administration, and province-level electoral results, we test a simple model of project choice when local political power is unequally distributed. In accordance with the predictions of the model, poorer villages are more likely to receive projects that provide excludable (private) goods...
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作者:Gollier, Christian
作者单位:Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics
摘要:By using their financial reserves efficiently, pension funds can smooth shocks on their asset returns, and can thus facilitate intergenerational risk-sharing. In addition to the primary benefit of improved time-diversification, this form of risk allocation affords the additional benefit of allowing these funds to take better advantage of the equity premium, which also favors the consumers. In this paper, our aim is twofold. First, we characterize the socially efficient policy rules of a collec...