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作者:Han, S; Mulligan, CB
作者单位:University of Rochester; University of Chicago
摘要:We study the parental investment model of intergenerational mobility. where heterogeneity in 'innate' earnings ability and parents' altruism rate is explicitly modelled. We show;hat heterogeneity increases the difficulty of detecting the existence of borrowing constrained families. Conversely, the presence of heterogeneity means that economic and linear statistical models of inheritance generate similar intergenerational data on consumption and earnings. We also suggest that nay cross-country ...
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作者:Abrevaya, J
作者单位:University of Chicago
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作者:Alence, R
作者单位:Stanford University
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作者:Nerlove, M
作者单位:University System of Maryland; University of Maryland College Park
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作者:Carling, K; Holmlund, B; Vejsiu, A
作者单位:Uppsala University
摘要:In June 1995, the Swedish parliament decided to cut the replacement rate in unemployment insurance from 80% to 75%, a change that took effect on 1 January 1996. The paper exploits a quasi-experimental feature of the benefit reform to examine the effect on job finding. We compare the evolution of transitions to employment before and after the reform among those affected and those not affected. Our estimates suggest that the reform caused an increase in the transition rate of roughly 10%. Moreov...
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作者:Pratten, C
作者单位:University of Cambridge
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作者:Pratten, C
作者单位:University of Cambridge
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作者:Li, CW
作者单位:University of Glasgow
摘要:One of the most well-known empirical regularities ill the R&D-productivity literature is the existence of substantial under-investment in R&D. This strongly suggests that government should actively promote research activities. However, the so-called 'quality-ladders' models of endogenous technological progress are inconsistent with this observation. III all extreme case, Grossman and Helpman (1991, Ch.4) suggest that R&D should always be taxed irrespective of the size of quality improvement. T...
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作者:Mafs, I
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作者:Silver, M; Heravi, S
摘要:This paper outlines the potential use of bar-code scanner data from retailers for the measurement of inflation. The source benefits from its extensive coverage in providing data on prices, quantities and values of transactions of each model of a good sold. Relative weights can thus be ascribed to price changes in both base and current. months at a highly detailed level which allows us to estimate substitution bias. Methods of adjusting for quality changes can be considered. The dummy variable ...