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作者:Klumpp, Tilman; Su, Xuejuan
作者单位:University of Alberta
摘要:The low representation of female workers in elite jobs is sometimes attributed to a tail effect: If the human capital distribution exhibits less variation among females than among males, then even with comparable average human capital there will be fewer females in the right tail than males. This paper offers an explanation for why the human capital distribution might have this property. We show that the belief that the female human capital distribution has a lower variance than the male distr...
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作者:Albouy, David
作者单位:University of Michigan System; University of Michigan; National Bureau of Economic Research
摘要:Theoretically, federal transfers that make household location decisions efficient should ignore local cost differences, subsidize positive externalities, and offset differences in federal-tax payments and local taxes levied on non-residents, but not local tax revenues from residents. Transfers that redistribute resources equitably across regions will likely target areas with individuals of low earnings potential or low real incomes. Applying these criteria empirically, Canadian equalization po...
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作者:Pettersson-Lidbom, Per
作者单位:Stockholm University
摘要:This paper makes use of regression discontinuity designs to estimate the effect of the number of legislators on the size of government. The results indicate a negative effect, i.e., the larger the size of the legislature the smaller is the size of government. This runs counter to conventional wisdom. One potential explanation is that more legislators can better control a budget maximizing bureaucracy. I present evidence that is consistent with the proposed mechanism. (C) 2011 Elsevier B.V. All...
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作者:Bayer, Patrick; McMillan, Robert
作者单位:Duke University; National Bureau of Economic Research; University of Toronto
摘要:Tiebout's classic 1956 paper has strong implications regarding stratification across and within jurisdictions, predicting in the simplest instance a hierarchy of internally homogeneous communities ordered by income. Typically, urban areas are less than fully stratified, and the question arises, how much do departures from standard Tiebout assumptions contribute to observed within-neighborhood mixing? This paper quantifies the separate effects of employment geography (via costly commuting) and ...
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作者:Hoynes, Hilary Williamson; Schanzenbach, Diane Whitmore
作者单位:Northwestern University; University of California System; University of California Davis; National Bureau of Economic Research
摘要:Labor supply theory makes strong predictions about how the introduction or expansion of a social welfare program impacts work effort. Although there is a large literature on the work incentive effects of AFDC and the EITC, relatively little is known about the work incentive effects of the Food Stamp Program and none of the existing literature is based on quasi-experimental methods. We use the cross-county introduction of the program in the 1960s and 1970s to estimate the impact of the program ...
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作者:Bilancini, Ennio; Boncinelli, Leonardo
作者单位:Universita di Modena e Reggio Emilia; University of Pisa
摘要:We study the impact of redistributive policies when agents can signal their social status by spending on a conspicuous good. Our focus is on how the shape of the status function - i.e., how social status is computed and evaluated - can affect the equilibrium outcome of the model, and in particular the relationship between inequality and wasteful conspicuous consumption. We find that if status depends in an ordinal way on individuals' relative standing in terms of economic resources, then redis...
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作者:Jacobs, Bas; Schindler, Dirk
作者单位:Tinbergen Institute; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of Konstanz
摘要:This paper analyzes optimal linear taxes on labor income and savings in a two-period life-cycle model with ex ante identical households, endogenous leisure demands in both periods, and general processes of skill shocks over the life cycle. We demonstrate that the Atkinson-Stiglitz theorem breaks down under risk Capital taxes are employed besides labor income taxes for two distinct reasons: i) capital taxes reduce labor supply distortions on second-period labor supply, since second-period labor...
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作者:Bronchetti, Erin Todd
摘要:This paper investigates the consumption-smoothing benefits of state workers' compensation (WC) programs. These programs are among the largest and most controversial forms of social insurance, with the putative purpose of supporting families affected by unexpected income shocks due to workplace injuries and illnesses. Using Health and Retirement Study (HRS) data for a sample of workers who have experienced a work-related, work-limiting disability, I find that a 10% increase in WC benefit genero...
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作者:Arifovic, Jasmina; Ledyard, John
作者单位:California Institute of Technology; Simon Fraser University
摘要:The data from experiments with the Voluntary Contributions Mechanism suggest five stylized facts, including the restart effect. To date, no theory has explained all of these facts simultaneously. We merge our Individual Evolutionary Learning model with a variation of heterogeneous other-regarding preferences and a distribution of types to provide a new theory that does. In addition, our theory answers some open questions concerning the data on partners-strangers experiments. One interesting fe...
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作者:Ikefuji, Masako; Horii, Ryo
作者单位:Tohoku University; University of Southern Denmark; Yale University
摘要:Using an endogenous growth model with physical and human capital accumulation, this paper considers the sustainability of economic growth when the use of a polluting input (e.g., fossil fuels) intensifies the risk of capital destruction through natural disasters. We find that growth is sustainable only if the tax rate on the polluting input increases over time. The long-term rate of economic growth follows an inverted V-shaped curve relative to the growth rate of the environmental tax, and it ...