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作者：Biswas, Siddhartha; Chakraborty, Indraneel; Hai, Rong
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of Miami
摘要：We investigate how the reduction of income inequality through tax policy affects economic growth. Taxation at different points of the income distribution has heterogeneous impacts on households' incentives to work, invest, and consume. Using US state-level data and micro-level household tax returns over the last three decades, we find that reducing income inequality between low and median income households improves economic growth. However, reducing income inequality through taxation between m...
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作者：Salmon, Timothy C.; Weber, Roberto A.
作者单位：Southern Methodist University; University of Zurich
摘要：Efficiently growing a group often requires integrating individuals from lower performing entities. We explore the effectiveness of policies intended to facilitate such integration, using an experiment that models production as a coordination game. We create an efficient group and an inefficient one. We then allow individuals to move into the efficient group under different mechanisms. We investigate the use of an entry quota, an entry quiz and combinations of the two in order to try to underst...
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作者：Webbink, Dinand; van Erp, Judith; van Gastel, Froukje
作者单位：Utrecht University
摘要：In this study we investigate the effect of showing suspects of crime in a TV programme on the probability of apprehension. We exploit exogenous variation in the number of viewers of the crime programme induced by Champions League games broadcast on competing channels. The estimates show that an increase in the number of viewers of the TV programme increases the probability of solving crime, especially for criminal cases with many potential observers or cases for which it is easier to recognise...
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作者：Crossley, Thomas F.; de Bresser, Jochem; Delaney, Liam; Winter, Joachim
作者单位：University of Essex; University of London; London School Economics & Political Science; University of Groningen; University of Stirling; University of Munich
摘要：We document an effect of survey participation on household saving. Identification comes from random assignment to modules within a population-representative Internet panel. The saving measure is based on linked administrative wealth data. Households that responded to a detailed questionnaire on needs in retirement reduced their non-housing saving rate by 3.5 percentage points, on a base of 1.5%. The survey may have acted as a salience shock, possibly with respect to reduced housing costs in re...
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作者：Geys, Benny; Smith, Daniel M.
作者单位：BI Norwegian Business School; Harvard University
摘要：Kinship often continues to play an important role in determining the ruling class even under modern democratic elections in a wide range of countries. In recent years, academic interest in the causes and consequences of such dynasties has been rapidly expanding. In this introduction to the Feature, we review existing work on political dynasties' formation and potential implications for socio-economic outcomes (such as economic growth, distributive policy, and gender representation), and outlin...
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作者：Cavalcanti, Tiago V. V.; Giannitsarou, Chryssi
作者单位：University of Cambridge; Getulio Vargas Foundation; Centre for Economic Policy Research - UK
摘要：We study the interactions of human capital, growth and inequality by embedding networks into an endogenous growth model with overlapping generations. Human capital depends on investment in education and the average human capital of a household's neighbourhood. High network cohesion leads to long-run equality, while for low network cohesion inequality is high and persists more often. During transition, high overall growth is achieved when the network has high degree centralisation, and high ind...
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作者：Landerso, Rasmus; Nielsen, Helena Skyt; Simonsen, Marianne
作者单位：Aarhus University
摘要：This article uses register-based data to investigate the effects of school starting age on crime. Through this, we provide insights into the determinants of crime-age profiles. We exploit that Danish children typically start first grade in the calendar year they turn seven, which gives rise to a discontinuity in school starting age for children born around new year. Our analysis speaks against a simple invariant crime-age profile as is popular in criminology: we find that higher school startin...
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作者：Ausubel, Lawrence M.; Baranov, Oleg
作者单位：University System of Maryland; University of Maryland College Park; University of Colorado System; University of Colorado Boulder
摘要：The combinatorial clock auction (CCA) is an important recent innovation in auction design that has been utilised for many spectrum auctions worldwide. While the theoretical foundations of the CCA are described in a growing literature, many of the practical implementation choices are neglected. In this article, we examine some of the most critical practical decisions for a regulator implementing the CCA. Topics include: implementation of reserve prices; endogenous band plans; supplementary roun...
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作者：Huber, Juergen; Kirchler, Michael; Kleinlercher, Daniel; Sutter, Matthias
作者单位：University of Innsbruck; University of Gothenburg; University of Cologne
摘要：The effects of a financial transaction tax (FTT) are scientifically disputed, as seemingly small details of its implementation may matter a lot. In this article, we provide experimental evidence on the different effects of an FTT, depending on whether it is implemented as a tax on markets, on residents, or a combination of both. We find that a tax on markets has negative effects on volatility and trading volume, whereas a tax on residents shows none of these undesired effects. Additionally, we...
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作者：Dinkelman, Taryn
作者单位：National Bureau of Economic Research; Dartmouth College
摘要：I present new evidence from Africa that droughts are an important component of long-run variation in health human capital. Using Census data, I estimate effects of early childhood drought exposure on later-life disabilities among South Africans confined to homelands during apartheid. By exploiting 40 years of quasi-random variation in local droughts experienced by different cohorts in different districts, I find that drought exposure in infancy raises later-life disability rates by 3.5-5.2%, w...
