-
作者:Angrist, Joshua; Lavy, Victor
作者单位:Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Hebrew University of Jerusalem; University of London
摘要:The Israeli matriculation certificate is a prerequisite for most postsecondary schooling. In a randomized trial, we attempted to increase certification rates among low-achievers with cash incentives. The experiment used a school-based randomization design offering awards to all who passed their exams in treated schools. This led to a substantial increase in certification rates for girls but had no effect on boys. Affected girls had a relatively high ex ante chance of certification. The increas...
-
作者:Aguiar, Mark; Amador, Manuel; Gopinath, Gita
作者单位:University of Rochester; Stanford University; Harvard University
-
作者:Bolton, Patrick; Santos, Tano; Scheinkman, Jose A.
作者单位:Columbia University; National Bureau of Economic Research; Columbia University; Princeton University
-
作者:Caballero, Ricardo J.; Krishnamurthy, Arvind
作者单位:Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Northwestern University
-
作者:Clark, Gregory; Cummins, Neil
作者单位:University of California System; University of California Davis; University of London; London School Economics & Political Science
-
作者:Hill, Catharine
作者单位:Vassar College
-
作者:Conesa, Juan Carlos; Kitao, Sagiri; Krueger, Dirk
作者单位:Autonomous University of Barcelona; University of Southern California; University of Pennsylvania
摘要:We quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks and permanent productivity differences of households. The optimal capital income tax rate is significantly positive at 36 pet-cent. The optimal progressive labor income tax is, roughly, a flat tax of 23 percent with a deduction of $7,200 (relative to average household income of $42,000). The high optimal capital income tax is mainly driven by...
-
作者:Choi, James J.; Laibson, David; Madrian, Brigitte C.
作者单位:Yale University; Harvard University; Harvard University
-
作者:Bento, Antonio M.; Goulder, Lawrence H.; Jacobsen, Mark R.; von Haefen, Roger H.
作者单位:Cornell University; Stanford University; University of California System; University of California San Diego; North Carolina State University
摘要:We examine the impacts of increased US gasoline taxes in a model that links the markets for new, used, and scrapped vehicles and recognizes the considerable heterogeneity among households and cars. Household choice parameters derive from an estimation procedure that integrates individual choices for car ownership and miles traveled. We find that each cent-per-gallon increase in the price of gasoline reduces the equilibrium gasoline consumption by about 0.2 percent. Taking account of revenue re...
-
作者:Calvet, Laurent E.; Campbell, John Y.; Sodini, Paolo
作者单位:Hautes Etudes Commerciales (HEC) Paris; National Bureau of Economic Research; Harvard University; Stockholm School of Economics