作者:Gregory, M; Jukes, R
作者单位:University of Oxford; University of London; Queen Mary University London
摘要:This paper estimates the impact of unemployment on earnings following re-employment for a large and representative sample of British men, 1984-94. Unemployment incidence is found to have only a temporary effect, an average earnings setback of 10% on initial re-engagement largely eroding over two years. The effect of unemployment duration, by contrast, is permanent, a one-year spell adding a further penalty of 10 percentage points. These wage penalties are least for Young men and the low paid -...
作者:Agliardi, E
作者单位:University of Bologna
作者:Walker, I; Young, J
作者单位:University of Warwick
摘要:This paper outlines the issues relevant to the design of pari-mutuel lottery games and makes inferences about game design effects from estimates of how rollovers affect sales. Lottery tickets sales depend positively on the proportion of revenue returned as prizes, positively on the skewness of the prize distribution (which depends largely on how much of the prize money goes to the jackpot), and negatively on the variance in the prize distribution (which depends largely on how much goes on smal...
作者:Heckman, J
作者单位:University of Chicago
摘要:This paper considers the merits and limitations of alternative criteria proposed to evaluate social programmes in the modern welfare state and the information required Lo implement them when individual responses to programmes are heterogeneous. Participation in programmes is based, in part, on this heterogeneity and the programmes have general equilibrium impacts oil the economy. Particular attention is devoted to the voting criterion used in modern positive political economy and the ranking o...
作者:Tylecote, A
作者单位:University of Sheffield