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作者：Cornes, Richard; Hartley, Roger
作者单位：University of Nottingham; University of Manchester
摘要：We suggest an alternative way of analyzing the canonical Bergstrom-Blume-Varian model of noncooperative voluntary contributions to a public good that avoids the proliferation of dimensions as the number of players is increased. We exploit this approach to analyze models in which the aggregate level of public good is determined as a more general social composition function of individual gifts - specifically, as a CES form - rather than as an unweighted sum. We also analyze Hirshleifer's weakest...
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作者：Adams, Scott
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee
摘要：Pure community rating, which was enacted to improve access to health insurance in New York's small group market in 1993, prevents carriers from charging different premiums based on the ages of a firm's workers. If small firms were adjusting compensation packages prior to reform to offset higher health care costs of older workers, then community rating could lead to greater relative wages for older workers post reform and not necessarily induce adverse selection that results in changes in who i...
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作者：Figlio, David N.; Kenny, Lawrence W.
作者单位：State University System of Florida; University of Florida
摘要：This paper is the first to systematically document the relationship between individual teacher performance incentives and student achievement using the United States data. We combine data from the National Education Longitudinal Survey on schools, students, and their families with our own survey conducted in 2000 regarding the use of teacher incentives. This survey on teacher incentives has unique data on frequency and magnitude of merit raises and bonuses, teacher evaluation, and teacher term...
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作者：Koethenbuerger, Marko
作者单位：Leibniz Association; Ifo Institut; University of Munich; Leibniz Association; Ifo Institut
摘要：This paper analyzes whether changes in the timing of equalizing transfers to state governments necessitate an adjustment in federal corrective policy. According to the existing literature (assuming an ex-ante choice of transfers), the corrective grant is equal to the marginal damage/benefit inflicted by externality generation. When the federal government accommodates state finances ex-post, the grant differs in formula from existing prescription. Allocative federal policy corrects state policy...
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作者：Cremer, Helmuth; De Donder, Philippe; Maldonado, Dario; Pestieau, Pierre
作者单位：Centre National de la Recherche Scientifique (CNRS); Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; Universite de Toulouse; Universidad del Rosario; University of Liege
摘要：This paper studies the determination through majority voting of a pension scheme when society consists of far-sighted and myopic individuals. All individuals have the same basic preferences but myopics tend to adopt a short-term view (instant gratification) when dealing with retirement saving and labor supply. Consequently, they will find themselves with low consumption after retirement and regret their insufficient savings decisions. Henceforth, when voting they tend to commit themselves into...
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作者：Dal Bo, Ernesto; Rossi, Martin A.
作者单位：University of California System; University of California Berkeley
摘要：We investigate the determinants of the efficiency of firms with a focus on the role of corruption. We construct a simple theoretical model where corruption increases the factor requirements of firms because it diverts managerial effort away from factor coordination. We then exploit a unique dataset comprising firm-level information on 80 electricity distribution firms from 13 Latin American countries for the years 1994 to 2001. As predicted by the model, we find that more corruption in the cou...
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作者：Bingley, Paul; Lanot, Gauthier
作者单位：University of Southern Denmark; University of Warwick; Aarhus University; Keele University
摘要：In this paper we study the economic determinants of the joint retirement process of married couples. We propose a tractable dynamic discrete choice model for retirement decisions which allows for non-trivial saving behaviour. We estimate the model on a 1% sample of Danish couples of potential retirement age drawn from a population-based administrative register. The introduction and subsequent reforms of a publicly financed early retirement programme provide us with variation in the data to ins...
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作者：Blomquist, Soren; Gordon, Roger
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作者：Keohane, Nathaniel; Van Roy, Benjamin; Zeckhauser, Richard
作者单位：Yale University; Stanford University; Harvard University
摘要：We consider a class of problems, which we call SFQ problems, in which both stocks and flows can be controlled to promote the quality of a valued resource, such as environmental quality or public infrastructure Under the optimal policy, periodic restoration of the stock of quality complements positive but variable abatement of the flow of damages. When deterioration is more rapid or highly variable, or when abatement is more expensive relative to restoration, the optimal policy relies relativel...
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作者：Bossmann, Martin; Kleiber, Christian; Waelde, Klaus
作者单位：University of Wurzburg; Leibniz Association; Ifo Institut; Technische Universitat Dresden; University of Basel; Universite Catholique Louvain
摘要：This paper examines the role of bequests and of taxation on bequests for the distribution of wealth. We investigate a model with overlapping generations and heterogenous households where parents derive utility directly from their bequests. We obtain all results analytically. Using the coefficient of variation as the measure of inequality, bequests per se diminish the inequality of wealth since they raise private savings and hence average wealth holdings more than the variance of wealth. From a...
