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作者：Berg, Erlend; Ghatak, Maitreesh; Manjula, R.; Rajasekhar, D.; Roy, Sanchari
作者单位：University of Bristol; University of London; London School Economics & Political Science; University of London; King's College London
摘要：This article studies the interaction of incentive pay with intrinsic motivation and social distance. We analyse theoretically as well as empirically the effect of incentive pay when agents have not only pro-social objectives but also preferences over dealing with one social group relative to another. In a randomised field experiment undertaken across 1151 villages in South India, local agents were hired to spread information about a public health insurance programme. In the absence of incentiv...
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作者：Gauriot, Romain; Page, Lionel
作者单位：New York University; New York University Abu Dhabi; University of Technology Sydney
摘要：We study how agents adapt their behaviour to variations of incentives in dynamic contests. We investigate a real dynamic contest with large stakes: professional tennis matches. Situations in which balls bounce very close to the court's lines are used as the setting of a quasi-experiment providing random variations in winning probability. We find evidence of a momentum effect for men whereby winning a point has a positive causal impact on the probability to win the next one. This behaviour is c...
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作者：Fluckiger, Matthias; Ludwig, Markus; Onder, Ali Sina
作者单位：Queens University Belfast; University of Bayreuth; University of Portsmouth
摘要：We exploit the West African Ebola epidemic as an event that necessitated the provision of a common-interest public good, Ebola control measures, to empirically investigate the effect of public good provision on state legitimacy. Our results show that state legitimacy, measured by trust in government authorities, increased with exposure to the epidemic. We argue, supported by results from SMS-message-based surveys, that a potentially important channel underlying this finding is a greater valuat...
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作者：Nygard, Odd E.; Slemrod, Joel; Thoresen, Thor O.
作者单位：Statistics Norway; University of Michigan System; University of Michigan; University of Oslo
摘要：Both buyers and sellers of goods and services may benefit from letting their economic transactions go unrecorded for tax purposes. The supplier reduces his tax burden by underreporting income and sales, whereas the consumer may gain from buying a non-taxed lower-priced product. The distributional implications of such joint tax evasion depend on the amounts evaded, on where the evaders on both sides of the market are found in the income distribution, and on how the financial gain is split. Our ...
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作者：Albrecht, James; Robayo-Abril, Monica; Vroman, Susan
作者单位：Georgetown University; The World Bank
摘要：We extend the Diamond-Mortensen-Pissarides model of equilibrium unemployment to incorporate public-sector employment. We calibrate our model to Colombian data and analyse the effects of public-sector wage and employment policy on the unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the two sectors.
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作者：Englmaier, Florian; Fahn, Matthias
作者单位：University of Munich; Leibniz Association; Ifo Institut; Johannes Kepler University Linz
摘要：The corporate finance literature documents that managers tend to over-invest in their companies. A number of theoretical contributions have aimed at explaining this stylised fact and most have focused on a fundamental agency problem between shareholders and managers. This article shows that over-investments are not necessarily the (negative) consequence of agency problems between shareholders and managers but instead might be a second-best optimal response to address problems of limited commit...
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作者：Wang, Wei; Suen, Richard M. H.
作者单位：Jinan University; University of Leicester
摘要：Is a more heterogeneous population beneficial or harmful to long-term economic performance? This article addresses this and other questions in a dynamic general equilibrium model where consumers differ in their labour productivity and time preference. We show how differences in the cross-sectional distribution of these characteristics can affect the economy via two channels. The first one involves changing the composition of the labour force; and the second one involves changing the cross-sect...
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作者：Estevan, Fernanda; Gall, Thomas; Morin, Louis-Philippe
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作者：Nordvik, Frode Martin
作者单位：BI Norwegian Business School
摘要：A large literature investigates the relation between oil and conflict, yet no empirical study has found any link between oil and coups d'etat. Using a new data set on oil production separated into onshore and offshore volumes, oil price shocks are seen to promote coups in onshore-intensive oil countries, while preventing them in offshore-intensive oil countries. A likely mechanism is that onshore oil motivates military build-ups, while offshore oil does not. From a political leader's point of ...
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作者：Fisher, Hayley; Zhu, Anna
作者单位：University of Sydney; University of Queensland; ARC Centre of Excellence for Children & Families Over the Life Course; IZA Institute Labor Economics; Royal Melbourne Institute of Technology (RMIT)
摘要：This article examines how a reduction in the financial resources available to lone parents affects repartnering. We exploit an Australian natural experiment that reduced the financial resources available to a subset of separating parents. Using biweekly administrative data capturing separations occurring among low- and middle- income couples, we show that the policy reform significantly increased the speed of repartnering for affected separating mothers. The results demonstrate that one way th...
