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作者：Laffont, JJ; Martimort, D
作者单位：Universite de Toulouse; Universite Toulouse 1 Capitole; University of Southern California
摘要：We analyze the design of incentive mechanisms for the provision of transnational public goods under asymmetric information. Transnational public goods are infrastructures that no single country can afford to build for itself We show that the external constraints imposed by this mechanism may affect consumption, pricing and the true redistributive concerns of local governments. We characterize the corresponding distortions. We also discuss the impact of the preferences for redistribution of the...
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作者：Robinson, JA; Torvik, R
作者单位：University of California System; University of California Berkeley; University of California System; University of California Berkeley; Norwegian University of Science & Technology (NTNU)
摘要：Underdevelopment is thought to be about lack of investment, and many political economy theories can account for this. Yet, there has been much investment in developing countries. The problem has been that investment growth has not led to output growth. We therefore need to explain not simply underinvestment, but also the missallocation of investment. The canonical example of this is the construction of white elephants-investment projects with negative social surplus. In this paper we propose a...
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作者：Bassanini, A; Pouyet, J
作者单位：Institut Polytechnique de Paris; Ecole des Ponts ParisTech; ENSAE Paris; Sapienza University Rome
摘要：The growing importance of inter-network exchanges in infrastructure-based utilities influences regulatory choices and access pricing for downstream services using the networks. We analyze this problem in a setting where the infrastructure managers of two bordering countries are in charge of pricing the access to their networks for downstream transport firms that provide international services. Network costs can be financed through public funds and user charges. In this context, access prices a...
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作者：Kugler, AD
作者单位：University of Houston System; University of Houston; Pompeu Fabra University
摘要：In 1990, Colombia replaced its traditional system of severance payments with a new system of severance payments savings accounts (SPSAs). Although severance payments are often justified on the grounds that they provide insurance against earnings loss, they also increase costs for employers and distort employment decisions. The extent of these distortions depends largely on how much of the costs of severance pay can be shifted from employers to workers. One reason why the effects of severance p...
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作者：Baicker, K
作者单位：Dartmouth College; National Bureau of Economic Research
摘要：This paper estimates the extent to which state spending is influenced by the spending of neighboring states, examining several different metrics of neighborliness in order to better identify the channels for interstate spillovers. It improves on previous studies by taking advantage of exogenous shocks to state medical spending to abstract from correlated local conditions and by allowing for spatial-autocorrelation. Focusing on mandated increases in medical spending, the analysis shows that eac...
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作者：Baland, JM; Francois, P
作者单位：University of Namur; Tilburg University; University of British Columbia; University of Bristol
摘要：It is shown here that, despite the efficiency gains from privatization, when markets are incomplete, all individuals may be made worse off by privatization, even when the resource is equitably privatized. Such market incompleteness is common in the developing world and can explain the often encountered resistance to efficiency enhancing privatizing reforms, especially in the case of village level landholdings and forests. The advantage of common held property arises because of its superior ins...
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作者：Figlio, DN; Winicki, J
作者单位：State University System of Florida; University of Florida; National Bureau of Economic Research
摘要：With the passage of the No Child Left Behind Act of 2001, school accountability is now federal law, continuing the recent trend of states implementing significant accountability systems for schools. This paper studies an unusual yet powerful school response to accountability systems. Using disaggregated school lunch menus from a random sample of school districts in Virginia, we find that schools threatened with accountability sanctions increase the caloric content of their lunches on testing d...
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作者：Choné, P; Laroque, G
作者单位：Institut Polytechnique de Paris; ENSAE Paris; Centre National de la Recherche Scientifique (CNRS)
摘要：Optimal taxation is analyzed under a Rawlsian criterion in an economy where the only decision of the agents is to participate, or not, to the labor force. The model allows for heterogeneity both in the agent's productivities and aversions to work. At a first-best optimal schedule, the marginal agent who decides to work pockets all of her productivity, while being just compensated for her work aversion. When the planner does not observe work aversion, financial compensation for work is lower th...
