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作者：Anthon, Signe; Bogetoft, Peter; Thorsen, Bo Jellesmark
作者单位：University of Copenhagen
摘要：We investigate the behaviour of a social planner that secures the supply of a good, e.g. an environmental benefit, through contracting with private agents. While the social planner seeks to maximise net social benefits, she is also controlled with a fixed budget. Private agents are profit maximising and hold private information concerning their variable costs of production. They also have known fixed costs of contracting. We find that budget constraints and fixed costs change the optimal contr...
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作者：Riedel, Nadine; Runkel, Marco
作者单位：University of Munich
摘要：This paper analyzes the effects of switching from a corporate tax system based on separate accounting (SA) towards a system in which two countries form a formula apportionment (FA) union while a third country sticks to SA (water's edge). Our analysis draws a positive picture on the water's edge regulation. In the short-run, for given tax rates, the transition from SA to FA is likely to reduce profit shifting from the FA union to non-FA tax havens. In a long-run tax competition analysis, we fin...
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作者：Bjerk, David; Han, Seungjin
作者单位：McMaster University; RAND Corporation
摘要：We develop a model of the labor market where firms incur an adjustment cost when one of their workers quits, and males and females form households assortatively by skill. We show how this environment can lead to an economy where females earn less and drop out more frequently than equally skilled males in equilibrium, even when males and females constitute ex-ante identical populations. We then examine how different government homecare subsidy schemes may affect such gender inequality in the la...
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作者：Carbonnier, Clement
作者单位：Centre National de la Recherche Scientifique (CNRS); Universite PSL; Ecole Normale Superieure (ENS); Institut Polytechnique de Paris; Ecole des Ponts ParisTech
摘要：The point of this paper is to provide visual evidence of tax shifting and to measure empirically the distribution of the sales tax burden between consumers and producers. For that purpose, two French reforms are studied. These reforms entail steep decreases of the VAT rate. September 1st 1987, the VAT rate on car sales went down from the luxury-rate of 33.33% to the full-rate of 18.6%. September 1st 1999, the VAT rate on housing repair services went down from the full-rate of 20.6% to the redu...
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作者：Hellwig, Martin F.
作者单位：Max Planck Society
摘要：This paper studies the relation between Bayesian mechanism design and the Ramsey-Boiteux approach to the provision and pricing of excludable public goods. For a large economy with private information about individual preferences, the two approaches are shown to be equivalent if and only if, in addition to incentive compatibility and participation constraints, the final allocation of private-good consumption and admission tickets to public goods satisfies a condition of renegotiation proofness....
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作者：Faravelli, Marco
作者单位：University of Edinburgh; University of Milan
摘要：We explore distributive justice and perception of fairness using survey data from freshmen and senior students of economics and sociology. We analyse the impact of context and education on their preferences over a hypothetical distribution of resources between individuals which presents a trade off between efficiency and equality. With context giving minimal information, economics students are less likely to favour equality; studying economics influences the preferences of the subjects, increa...
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作者：Hagen, Kare P.; Sannarnes, Jan Gaute
作者单位：Norwegian School of Economics (NHH)
摘要：In this paper we explore what happens if the government bears some of the risk through a profit tax when the risk sharing in the venture capital market is incomplete due to non-observability of effort and moral hazard. If the external equity investors can enforce exclusive contracts with the entrepreneurs, the risk relief through a profit tax will lead to too much insurance and too low effort as compared with a second best optimal solution. Bond and Devereux [Bond, S.R. and Devereux, M.P. (199...
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作者：Doyle, Joseph J.
作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research
摘要：This paper uses a reform in Illinois that reduced the monthly subsidy offered to relatives asked to provide foster care as a plausibly exogenous change in the cost of caring for related children. Families offered a 30% lower wage were 15% less likely to provide care, with especially large declines for children who require mental health services, infants and teenagers. One innovation is a sample selection model that uses the foster care placement tendency of child protection investigators to pr...
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作者：Hernandez, Monica; Pudney, Stephen
作者单位：University of Essex; University of Sheffield
摘要：We consider the problem of modeling welfare participation when measurement error may affect simulated welfare entitlement. We identify a flaw in past implementations of the ML approach and develop a more appropriate ML approach. A model of welfare participation is estimated for British pensioners, linking the probability of participation to the value of benefit entitlement, incorporating the nonlinear rule relating entitlement to the household's income and financial assets. The model is used t...
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作者：Krashinsky, Harry
作者单位：University of Toronto
摘要：Income-maximizing consumers should vote in predictable ways: support for liberal, redistributive governments should fall as income rises. But weak empirical evidence for these voting patterns might suggest that voters are influenced by alternative factors, such as perceptions of social mobility from within-family learning. To examine these effects, this paper uses a data set of twins and a recently-developed econometric approach to show that within-family learning and family-specific effects a...
