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作者：Chen, Y; Plott, CR
作者单位：California Institute of Technology; University of Michigan System; University of Michigan
摘要：The Groves-Ledyard mechanism theoretically can solve the 'free-rider' problem in public good provision in certain environments. Two questions are of overriding importance in implementing the mechanism. The first is related to the actual performance of the mechanism in general. The second is the choice of a 'punishment parameter', gamma, which is the only parameter that is available for those who may want to actually use the mechanism. Thus the determination of the role of this variable on mech...
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作者：Quirmbach, HC; Swenson, CW; Vines, CC
作者单位：University of Southern California; Iowa State University; University of Arizona
摘要：Tax incidence is examined in an experimental general equilibrium production micro economy. Consistent with predictions, the imposition of a tax on corporate capital resulted in a flow of capital out of the corporate sector, decreased corporate usage of capital relative to labor, and tax-shifting through decreases in the relative prices of capital and non-corporate output. Although capital owners were able to shift some of the tax burden, the corporate tax resulted in a 35% drop in capital owne...
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作者：Cullis, JG; Jones, PR
作者单位：University of Bath
摘要：If individuals are interested in life per se (or perceive longevity as a goal worth attaining), there is reason to doubt that Brent (Journal of Public Economics, 1991, 22, 165-171) has provided a robust solution to the valuation of life in cost-benefit analysis.
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作者：Carling, K; Edin, PA; Harkman, A; Holmlund, B
作者单位：Uppsala University
摘要：Standard search theory as well as some empirical evidence suggest that an unemployed individual's probability of entering employment increases as he approaches the time when unemployment benefits are due to expire. This pattern may not carry over to a country like Sweden, where labor market programs are targeted at the long-term unemployed at risk of benefit exhaustion. The paper examines transitions out of unemployment using data on unemployed individuals in Sweden. A semi-parametric competin...
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作者：Propper, C
摘要：The internal market reforms to the UK National Health Service (NHS) are a model adopted in many health care systems. They introduce competition in supply. Little is known about the impact of these reforms. This paper examines the pricing responses of NHS suppliers to competition. The incentives of the reformed system are analysed. These indicate that prices should differ between buyers and markets. These hypotheses are tested using data on spot market transactions between hospitals and health ...
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作者：Elitzur, R; Mintz, J
作者单位：University of Toronto
摘要：A multinational parent sells a non-marketed commodity to a foreign subsidiary that uses the product as an input to produce a product it then sells. The subsidiary is controlled by a local managing partner whose compensation consists of a lump-sum payment plus a share of the subsidiary's profit. The parent chooses an optimal transfer price taking into account incentives for the subsidiary's managing partner and taxes. Home and host governments impose corporate income taxes on the parent and sub...
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作者：Levenson, AR
摘要：A prediction of the basic permanent income hypothesis/life cycle model is that an unexpected increase in future income produces an immediate increase in current consumption. This paper tests that prediction using data from Taiwan. The 1985 Labor Standards Law granted all employees in covered industries a windfall retirement/severance benefit. My results indicate that consumption did not increase immediately for those who were granted the windfall, relative to those who received no windfall. Mo...
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作者：Wright, R
摘要：This paper develops a simple model to study the effects of growth on economic policy, and, in particular, on redistributive taxation. I do not explain economic growth; I assume it is exogenous, and ask how changes in the growth rate (and in several other variables) affect the outcome of a political process that determines taxes and transfers. It is shown that faster-growing economies will choose more or less redistribution, depending on risk aversion. In the empirically relevant case, the mode...
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作者：Kirchgassner, G; Pommerehne, WW
作者单位：Saarland University; University of Zurich
摘要：This paper presents empirical evidence on individual income tax competition in Switzerland. Tax competition has some influence on the spread of people with high income over the cantons, and it is partly capitalised in dwelling rents. However, it neither leads to a collapse of public good supply nor makes redistribution by the fiscal authorities impossible. Thus, if tax competition works well in Switzerland there is no reason why it should have disastrous effects in a future European Union.
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作者：Eriksson, C
摘要：This paper shows that even in the absence of externalities, there is a market failure associated with an endogenous choice between labor and leisure in a growth model with imperfect competition. The reason for this is that workers are paid less than the value of their marginal products, and therefore supply less labor than would be optimal from the viewpoint of the society as a whole. This in turn hampers growth. It is also demonstrated how this inefficiency can be corrected by an appropriate ...
