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作者：Cox, Caleb A.
作者单位：Durham University
摘要：I show how improper conditioning of beliefs can reduce contribution in public goods environments with interdependent values. I consider a simple model of a binary, excludable public good. In equilibrium, provision of the public good is good news about its value. Naive players who condition expectations only on their private information contribute too little, despite the absence of free-riding incentives. In a laboratory experiment, contributions indeed fall short of the equilibrium prediction....
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作者：Laun, Tobias; Wallenius, Johanna
作者单位：Uppsala University; Stockholm School of Economics
摘要：Sweden is one of the few Western economies to have undertaken a large pension reform in recent years. This was done with great expectations, but little formal analysis. In this paper we develop a life cycle labor supply model to quantify the predicted labor supply implications of this reform. In our framework, individuals choose when to stop working and, given eligibility criteria, when/if to apply for disability and pension benefits. Agents are heterogeneous in skills and receive exogenous sh...
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作者：Devereux, Michael P.; Fuest, Clemens; Lockwood, Ben
作者单位：University of Oxford; Leibniz Association; Zentrum fur Europaische Wirtschaftsforschung (ZEW); University of Warwick
摘要：This paper synthesizes and extends the literature on the taxation of foreign source income in a framework that covers both greenfield and acquisition investment, and a general constraint linking investment at home and abroad for the multinational by introducing a cost of adjustment for the mobile factor. Unless the cost of adjustment is zero, the domestic tax on foreign-source income should always be set to ensure the optimal allocation of the mobile factor between domestic and foreign assets ...
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作者：Halberstam, Yosh; Montagnes, B. Pablo
作者单位：University of Toronto; University of Chicago
摘要：We show that senators elected in presidential elections are more ideologically extreme than senators elected in midterm elections. This finding is in contrast to the literature suggesting that voters in presidential elections are more ideologically moderate than voters in midterm elections, To explain this incongruence, we propose a theory of spillover effects in which party labels enable voters to update their beliefs about candidates across contemporaneous races for office: unexpected suppor...
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作者：Hoffmann, Soenke; Mihm, Benedikt; Weimann, Joachim
作者单位：Otto von Guericke University
摘要：In a recent paper Konrad and Thum (2014) present a model that shows that unilateral pre-commitment reduces the likelihood of agreement in bilateral negotiations over the provision of a public good when parties have private information over their contribution costs. We test the model in a laboratory experiment paying particular attention to how behavioral motivations other than payoff-maximization affect the strength of the model's result. We find that the result is no longer statistically sign...
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作者：Agranov, Marina; Palfrey, Thomas R.
作者单位：California Institute of Technology
摘要：This paper reports results from a laboratory experiment that investigates the Meltzer-Richard model of equilibrium tax rates, inequality, and income redistribution. The experiment varies the amount of wage inequality and the political process used to determine tax rates. We find that higher inequality leads to higher tax rates; the effect is significant and large in magnitude. The tax rates and labor supply functions are both quantitatively close to the theory. The result is robust to the poli...
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作者：Egger, Peter H.; Wamser, Georg
作者单位：Swiss Federal Institutes of Technology Domain; ETH Zurich; Centre for Economic Policy Research - UK; Leibniz Association; Ifo Institut; University of Nottingham; University of Oxford; Eberhard Karls University of Tubingen
摘要：Controlled foreign company (CFC) rules are frequently imposed by countries as part of their anti-tax-avoidance legislation. This paper aims at quantifying the impact of the German CFC rule on the universe of foreign investments held by German multinational firms. The German CFC legislation gives rise to a multi-dimensional regression discontinuity design, which allows us to estimate local average treatment effects along the dimensions determining treatment. Our results suggest a significant an...
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作者：Afridi, Farzana; Li, Sherry Xin; Ren, Yufei
作者单位：Indian Statistical Institute; Indian Statistical Institute Delhi; University of Texas System; University of Texas Dallas; Union College
摘要：We conduct an experimental study to investigate the causal impact of social identity on individuals' performance under incentives. We focus on China's household registration (hukou) system, which favors urban residents and discriminates against rural residents in resource allocation. Our results show that making individuals' hukou identity salient significantly reduces the performance of rural migrant students, relative to their local urban counterparts, on an incentivized cognitive task, and ...
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作者：Frisvold, David E.
作者单位：University of Iowa
摘要：This paper investigates the impact of the School Breakfast Program (SBP) on cognitive achievement. The SBP is a federal entitlement program that offers breakfast to any student, including free breakfast for any low-income student, who attends a school that participates in the program. To increase the availability of the SBP, many states mandate that schools participate in the program if the percent of free or reduced-price eligible students in a school exceeds a specific threshold. Using the d...
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作者：Ravallion, Martin; van de Walle, Dominique; Dutta, Puja; Murgai, Rinku
作者单位：Georgetown University; The World Bank; The World Bank
摘要：Mass public information campaigns have promised to empower poor people, but do they deliver on that promise? We designed and implemented a trial information campaign in poor rural areas of India, in the form of an entertaining movie that teaches people their rights under a large national antipoverty program. In randomly assigned villages, the movie brought significant gains in knowledge and more positive perceptions about the scheme and village life relative to control villages. But objectivel...
