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作者：Choi, JP; Thum, M
作者单位：Technische Universitat Dresden; Michigan State University
摘要：This paper provides a simple model of corruption dynamics with the ratchet effect. Corrupt officials have ex post the incentive to price discriminate entrepreneurs based on the entry decisions made in an earlier period. The inability of government officials to commit to future money demands induces entrepreneurs to delay entry in order to receive a discount in the permit price later. Even though the dynamic setting leaves the corrupt official with less extortion power, social welfare may decre...
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作者：Vesterlund, L
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：This paper examines a puzzling inconsistency between the theoretical prediction of private provisions to public goods and actual fundraising behavior. While fundraisers often choose to announce past contributions, economic theory predicts that contributions will be largest when donors are uninformed of the contributions made by others. This paper suggests that an announcement strategy may be optimal because it helps reveal the charity's quality. It is shown that when there is imperfect informa...
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作者：Cardon, JH
作者单位：Brigham Young University
摘要：Proponents of Charter schools argue that competition will improve the educational outcomes of both Charter and public students. A model of quality choice has been used to examine this claim. With capacity constraints, there is an equilibrium in which the Charter school offers a higher quality which the public school will not match. Competition from Charter schools may therefore have only modest effects on public school quality, if any. (C) 2002 Elsevier Science B.V. All rights reserved.
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作者：Park, H; Philippopoulos, A
作者单位：Athens University of Economics & Business; Kyung Hee University
摘要：This paper continues the study of optimal fiscal policy in a growing economy, by studying the case in which the government simultaneously provides three main categories of expenditures; public production services, public consumption services and state-contingent redistributive transfers. We make two contributions to the literature. Firstly, we set up a dynamic general equilibrium model of endogenous growth, in which rational voters choose the capital tax rate and the allocation of total tax re...
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作者：Eckel, CC; Grossman, PJ
作者单位：Virginia Polytechnic Institute & State University; Minnesota State Colleges & Universities; Saint Cloud State University
摘要：A rebate subsidy of rate S-r is functionally equivalent to a matching subsidy of rate s(m) = s(r)/(1 - s(r)). Other things equal, an individual should respond identically to the two subsidies. We test the effect on charitable giving of the framing of a subsidy as a rebate or as a match. Subjects make a series of 'dictator' allocation decisions, dividing an endowment between themselves and their chosen charities. Allocation decisions vary by the endowment level, the net price of giving, and the...
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作者：Greenwood, MJ; McDowell, JM; Wierman, M
作者单位：University of Colorado System; University of Colorado Boulder; Arizona State University; Arizona State University-Tempe
摘要：In this study we use the concept of the marginal migrant to develop a theoretical model of the age composition of US immigration. Two age classes of immigrants are distinguished, 20-34 and 50 and over, along with sex and entry class (numerically restricted, numerically exempt). Annual data (1972-1991) for 109 source countries are pooled, and the Hausman-Taylor instrumental variable technique is employed to estimate regressions that satisfy adding-up restrictions. Along with measures of differe...
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作者：Woo, J
作者单位：Organisation for Economic Co-operation & Development (OECD); DePaul University
摘要：We examine a large set of economic, sociopolitical, and institutional variables in a panel of 57 developed and developing countries over the period of 1970-1990 to derive robust conclusions about which variables are important in explaining cross-country differences in public sector deficits. Financial depth, income inequality, assassinations, cabinet size, and centralization of authority in budgetary decisions are found to be significant and robust determinants of public deficits. We also prop...
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作者：Casarico, A; Devillanova, C
作者单位：Bocconi University; University of Trieste
摘要：The aim of the paper is to investigate the joint redistributive effects of migration and pensions and to reassess the sustainability issue raised in the existing economic literature. The paper first develops a theoretical framework to analyse the impact of international migration on the labour market. The model allows for heterogeneity across native-born individuals and for migrants to affect both the wages and the education decision in the recipient country. It then explicitly focuses on pens...
