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作者：Johansson, E
作者单位：Uppsala University
摘要：Are grants to Swedish municipalities tactical, that is, do parties use these in order to get elected? In this paper, the theoretical model of Lindbeck and Weibull and Dixit and Londregan is tested, using panel data on 255 Swedish municipalities for the years 1981-1995. The empirical implication of the theory is that groups with many swing voters will receive larger grants than other groups. In the paper, a new method of estimating the number of swing voters is proposed and used. The results su...
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作者：van der Klaauw, B; van Ours, JC
作者单位：Vrije Universiteit Amsterdam; Centre for Economic Policy Research - UK; Tilburg University
摘要：This paper investigates whether individual transition rates from welfare to work are influenced by neighborhood effects. We use a unique administrative database on welfare recipients in Rotterdam, the second largest city of The Netherlands. We find that conditional on personal characteristics there is a negative relationship between the neighborhood unemployment rate and the transition rate from welfare to work of young Dutch welfare recipients. We do not find any neighborhood effects for olde...
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作者：Dahlby, B; Wilson, LS
作者单位：University of Alberta
摘要：We examine vertical fiscal externalities in a model where a state government provides a productivity-enhancing public input and both the state and the central government tax wages and profits. Previous literature has emphasized the negative tax externality that occurs when two levels of government impose distortionary taxes on the same tax base. We show that an increase in the state government's tax. rate on wage income can increase federal revenues if the federal government imposes an ad valo...
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作者：Betts, JR; Fairlie, RW
作者单位：University of California System; University of California San Diego; University of California System; University of California Santa Cruz; Northwestern University; University of Chicago
摘要：The paper tests whether native-born American families respond to inflows of immigrants by sending their children to private school. The analysis uses 1980 and 1990 Census data from 132 metropolitan areas. For primary school students, no significant relation between immigration and private school enrolment is found. For secondary schools, a significant link emerges. For every four immigrants who arrive in public high schools, it is estimated that one native student switches to a private school....
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作者：Hoel, M; Shapiro, P
作者单位：University of Oslo; University of Melbourne; University of California System; University of California Santa Barbara
摘要：A standard result in the literature on environmental economics is that efficient environmental policies regulating transboundary pollution will be adopted only if there is interjurisdictional coordination. Efficient policies can be adopted as a result of interregional treaties or mandated by a central authority. The present paper demonstrates that if there is perfect population mobility between the regions affected by the transboundary pollution, the efficient outcome is a Nash equilibrium of ...
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作者：Lundberg, S; Startz, R; Stillman, S
作者单位：University of Washington; University of Washington Seattle; RAND Corporation
摘要：Evidence from several countries reveals a substantial drop in household consumption around the age of retirement that is difficult to explain with life-cycle models. Using food consumption data from more than 550 households from the Panel Study of Income Dynamics for the years 1979-1986 and 1989-1992, we find that married couple households decrease their expenditures on both food consumed at home and away from home by about 9% following the retirement of the male household head. No significant...
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作者：Kleven, HJ; Kreiner, CT
作者单位：University of Copenhagen
摘要：This paper analyses the effects of taxation in New Keynesian economics. The results show that taxes contribute to price and wage stickiness and, moreover, that the resulting fluctuations in welfare are magnified by the presence of taxes. These results are at odds with the old Keynesian idea of automatic stabilizers. (C) 2001 Elsevier Science B.V. All rights reserved.
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作者：Taylor, GA; Tsui, KKK; Zhu, LJ
作者单位：Nanyang Technological University; University of Chicago; National University of Singapore; University of Hong Kong
摘要：This paper studies the efficiencies of the two most widely used non-price allocation mechanisms: lotteries and waiting-line auctions. As our analysis suggests, in addition to the fairness of the mechanism, the use of lotteries in lieu of waiting-line auctions can be also justified from an efficiency point of view. In particular, we show that the less dispersed consumers' time valuations are, the more efficient is a lottery relative to a waiting-line auction. In addition, we identify four condi...
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作者：Dionne, G; Spaeter, S
作者单位：Universite de Montreal; HEC Montreal; Universites de Strasbourg Etablissements Associes; Universite de Strasbourg
摘要：We analyze the effect of extending environmental risk to banks. We assume that the firm needs external funds to invest in green technology and reduce the risk of environmental damage. Prevention may affect the distribution of both environmental losses and operating revenues. We show that, under moral hazard, the firm does not always invest less in prevention than the optimal social level. We also show that extending liability may improve both the level of prevention and the level of compensati...
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作者：Lambert, PJ; Millimet, DL; Slottje, D
作者单位：Southern Methodist University; University of York - UK
摘要：This paper analyzes inequality aversion across countries and identifies factors which explain the empirical heterogeneity observed across these countries. We do this by hypothesizing a 'natural rate' of subjective inequality across countries and solving for the explicit country-specific value of the inequality aversion parameter that is consistent with the hypothesized natural rate. We present evidence consistent with the existence of a natural rate of subjective inequality by verifying that c...
