3期

最新文章

• Optimal Public Expenditure with Inefficient Unemployment AI翻译
  作者：Michaillat, Pascal; Saez, Emmanuel
  作者单位：Brown University; University of California System; University of California Berkeley
  摘要：This article proposes a theory of optimal public expenditure when unemployment is inefficient. The theory is based on a matching model. Optimal public expenditure deviates from the Samuelson rule to reduce the unemployment gap (the difference between current and efficient unemployment rates). Such optimal stimulus spending is described by a formula expressed with three sufficient statistics: the unemployment gap, the unemployment multiplier (the decrease in unemployment achieved by increasing ...
• Analysing the Effects of Insuring Health Risks: On the Trade-off between Short-Run Insurance Benefits versus Long-Run Incentive Costs AI翻译
  作者：Cole, Harold L.; Kim, Soojin; Krueger, Dirk
  作者单位：University of Pennsylvania; Purdue University System; Purdue University; Center for Economic & Policy Research (CEPR); National Bureau of Economic Research; Tilburg University
  摘要：This article quantitatively evaluates the trade-off between the provision of health-related social insurance and the incentives to maintain good health through costly investments. To do so, we construct and estimate a dynamic model of health investments and health insurance in which the cross-sectional health distribution evolves endogenously and is shaped by labour market and health insurance policies. A no wage discrimination law in the labour market limits the extent to which wages can depe...
• Strategic Choices in Polygamous Households: Theory and Evidence from Senegal AI翻译
  作者：Rossi, Pauline
  作者单位：University of Amsterdam
  摘要：This article proposes a strategic framework to account for fertility choices in polygamous households. It uses unique data on fertility histories of a representative sample of co-wives in Senegal to estimate a duration model of birth intervals with individual baseline hazards. Exploiting entries and exits of co-wives as well as gender of births, empirical tests show that children are strategic complements. One wife raises her fertility in response to an increase by the other wife, because chil...
• Consumer Search Costs and Preferences on the Internet AI翻译
  作者：Jolivet, Gregory; Turon, Helene
  作者单位：University of Bristol; IZA Institute Labor Economics
  摘要：We conduct an empirical analysis of consumer preferences and search costs on an Internet platform. Using data from a major French platform (PriceMinister), we show descriptive evidence of substantial price dispersion among adverts for the same product, of consumers often not choosing the cheapest advert and sometimes choosing an advert dominated in price and non-price characteristics by another available advert. We consider a sequential search model where consumers sample adverts in an endogen...