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作者:Dessy, SE; Pallage, S
作者单位:Laval University; University of Quebec; University of Quebec Montreal
摘要:Although intuitive and morally compelling, a ban on the worst forms of child labour in poor countries is unlikely to be welfare improving. We show that harmful forms of child labour have an economic role: by maintaining wages for child labour high enough, they allow human capital accumulation in poor countries. Unless appropriate mechanisms are designed to mitigate the decline in child labour wages caused by reduced employment options for children, a ban on harmful forms of child labour will l...
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作者:Hijzen, A; Görg, H; Hine, RC
作者单位:University of Nottingham
摘要:This article investigates empirically the link between international outsourcing and the skill structure of labour demand in the UK. It is the first detailed study of this issue for the UK. Outsourcing is calculated using import-use matrices of input-output tables for manufacturing industries for the period 1982 to 1996. Estimating a system of variable factor demands, our main results show that international outsourcing has had a strong negative impact on the demand for unskilled labour. Hence...
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作者:Dustmann, C; Hatton, T; Preston, I
作者单位:University of London; University College London; Australian National University; University of Essex
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作者:Bolton, GE; Brandts, J; Ockenfels, A
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Institut d'Analisi Economica (IAE); University of Cologne
摘要:Procedures are the area where fairness arguably has its largest influence on modern societies. The experiments we report provide an initial characterisation of that influence and suggest new interpretations for some well-known results. We find that procedural fairness is conceptually distinct from allocation fairness, although the evidence also indicates that the two are linked in important ways. Post hoc extension of one of the current models of fairness illustrates this link and implies that...
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作者:Gonzalez, FM
作者单位:University of British Columbia
摘要:We consider the incentive to adopt superior technologies when private property is insecure. The welfare costs of insecure property can be substantially greater than those commonly associated with diversion and with the disincentive effect induced by imperfect appropriation of returns. When private property is sufficiently insecure, anticipation of conflict over economic distribution gives rise to technological backwardness, even though (1) superior technologies are readily available at zero co...
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作者:Huck, S; Kirchsteiger, G; Oechssler, J
作者单位:Universite Libre de Bruxelles; Ruprecht Karls University Heidelberg
摘要:The endowment effect describes the fact that people demand much more to give up an object than they are willing to spend to acquire it. The existence of this effect has been documented in numerous experiments. We attempt to explain this effect by showing that evolution favors individuals whose preferences embody an endowment effect. The reason is that an endowment effect improves one's bargaining position in bilateral trades. We show that for a general class of evolutionary processes strictly ...
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作者:Nickell, S; Nunziata, L; Ochel, W
作者单位:Bank of England; University of London; London School Economics & Political Science; University of Oxford
摘要:This paper presents an empirical analysis of unemployment patterns in the OECD countries from the 1960s to the 1990s. Our results indicate the following. First, broad movements in unemployment across the OECD can be explained by shifts in labour market institutions. Second, interactions between average values of these institutions and shocks make no significant additional contribution to our understanding of OECD unemployment changes.
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作者:Plug, E; Vijverberg, W
作者单位:University of Amsterdam; University of Texas System; University of Texas Dallas
摘要:One would expect that family income is an important positive factor in children's school attainment. However, evidence is often tainted by the lack of control for parental ability, since at least a portion of ability is transferred genetically to children. This paper uses a sample of adopted children and offers genetically unbiased estimates. We further correct for biases arising from unobserved parenting qualities and from parents' differentiation between their own birth and adopted children....
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作者:Bateman, I; Munro, A
作者单位:University of East Anglia; University of Western Australia
摘要:A host of experiments have examined theories of risky choice using individuals. However, many important economic decisions are taken within multi-adult households. This paper reports on the first economic experiment designed to test theories of household choice. We use established couples and face them individually and jointly with decisions involving monetary payoffs. We find that joint choices typically are more risk averse than those made by individuals. Meanwhile, choices made by couples e...
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作者:Corrado, L; Martin, R; Weeks, M
作者单位:University of Rome Tor Vergata; University of Cambridge
摘要:In this paper we test for regional convergence clusters across the EU. We utilise a methodology that allows for the endogenous selection of regional clusters using a multivariate test for stationarity, where the number and composition of clusters are determined by the application of pairwise tests of regional differences in per capita output over time. To interpret the composition of the resulting convergence clusters, the latter are tested against a number of possible groupings suggested by r...