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作者：Cooley, TF; Ohanian, LE
作者单位：University of Pennsylvania; University of Minnesota System; University of Minnesota Twin Cities; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
摘要：The policies used by Britain to finance World War II represented a dramatic departure from the policies used to finance earlier wars and were very different from the policies used by the United States during the war. Following Keynes's recommendations, Britain taxed capital income at a much higher rate than the United States during the war and for much of the postwar period. We analyze quantitatively the policies designed by Keynes using an endogenous growth model and the neoclassical growth m...
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作者：MacLeod, WB
作者单位：Universite de Montreal
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作者：Keane, MP; Wolpin, KI
作者单位：University of Pennsylvania
摘要：This paper provides structural estimates of a dynamic model of schooling, work, and occupational choice decisions based on II years of observations on a sample of young men from the 1979 youth cohort of the National Longitudinal Surveys of Labor Market Experience (NLSY). The structural estimation framework that we adopt fully imposes the restrictions of the theory and permits an investigation of whether such a theoretically restricted model can succeed in quantitatively fitting the observed da...
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作者：Cummings, RG; Elliott, S; Harrison, GW; James, M
作者单位：University of Colorado System; University of Colorado Boulder; University of South Carolina System; University of South Carolina Columbia
摘要：Hypothetical referenda have been proposed as an incentive-compatible mechanism that can be used to obtain social valuations of environmental resources. We employ experimental methods to test the hypothesis that such referenda are indeed incentive compatible. Our results lead us to reject that hypothesis.
