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作者:Robson, P
作者单位:University of St Andrews
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作者:Frey, BS; Stutzer, A
作者单位:University of Zurich
摘要:Institutional factors in the form of direct democracy (via initiatives and referenda) and federal structure (local autonomy) systematically and sizeably raise self-reported individual well-being in a cross-regional econometric analysis. This positive effect can be attributed to political outcomes closer to voters' preferences, as well as to the procedural utility of political participation possibilities. Moreover, the results of previous microeconometric well-being functions for other countrie...
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作者:Magnac, T
摘要:Using the 1990-2 wave of the French Labour Force Survey to study the employment histories of young people I consider transitions between six labour market states: employment contracts whether permanent or temporary, unemployment, training, education and non-participation. I use a fixed effect estimator in a dynamic multinomial logit model which can accommodate any form of unobserved heterogeneity in levels. This analysis can be extended to Markov processes of any order. I relate heterogeneity ...
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作者:Ghatak, M
作者单位:University of Chicago
摘要:We look at an economic environment where borrowers have some information about the nature of each other's projects that lenders do not. We show that joint-liability lending contracts, similar to those used by credit cooperatives and group-lending schemes, will induce endogenous peer selection in the formation of groups In a way that the instrument of joint liability can be used as a screening device to exploit this local information. This can improve welfare and repayment rates if standard scr...
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作者:Chambers, MJ
作者单位:University of Essex
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作者:Minford, P
作者单位:Cardiff University
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作者:Malinvaud, E
作者单位:Institut Polytechnique de Paris; ENSAE Paris
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作者:Olesen, F
作者单位:University of Southern Denmark
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作者:Thoburn, J
作者单位:University of East Anglia; Nagoya University
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作者:Piggins, A
作者单位:Queens University Belfast