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作者：Bag, Parimal Kanti; Pepito, Nona
作者单位：National University of Singapore
摘要：In a team project with significant complementarities between various players' individual tasks, news of early success by some encourages others to push ahead with their own tasks while lack of success has the opposite effect. This ex-post disparity in incentives created gives rise to two differing implications, ex ante, for an ideal team transparency. Sometimes it is better to commit to complete secrecy within the team of the various participants' interim progress as it mitigates the negative ...
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作者：Bennedsen, Morten; Schultz, Christian
作者单位：University of Copenhagen; INSEAD Business School
摘要：Delegation is a key feature of political decision making: Mayors or prime ministers delegate to subordinates, voters delegate to elected representatives. We analyze the effect of political delegation on public service provision and the choice between private or public providers when contracts are incomplete and incentives therefore distorted. We identify two important effects: The incentive effect increases the incentive part of service providers' remuneration and delegation may therefore be a...
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作者：Fong, Christina M.; Oberholzer-Gee, Felix
作者单位：Carnegie Mellon University; Harvard University
摘要：It is often difficult for donors to predict the value of charitable giving because they know little about their recipients. This concern is particularly acute when making contributions to organizations that serve heterogeneous populations. Prior research shows that donors are more generous if they know their assistance benefits a group they like. But we know little about the demand for such information. To start closing this gap, we study transfers of income to real-world poor people in dictat...
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作者：Huck, Steffen; Rasul, Imran
作者单位：University of London; University College London; UK Research & Innovation (UKRI); Economic & Social Research Council (ESRC); University of London; University College London
摘要：We present evidence from a natural field experiment designed to shed light on the efficacy of fundraising schemes in which donations are matched by a lead donor. In conjunction with the Bavarian State Opera House, we mailed 14,000 regular opera attendees. a letter describing a charitable fundraising project organized by the opera house. Recipients were randomly assigned to treatments designed to explore behavioral responses to linear matching schemes, as well as the mere existence of a substan...
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作者：Carrell, Scott E.; Hoekstra, Mark; West, James E.
作者单位：University of California System; University of California Davis; National Bureau of Economic Research; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; United States Department of Defense; United States Air Force; United States Air Force Academy
摘要：This paper examines the effect of alcohol consumption on student achievement. To do so, we exploit the discontinuity in drinking at age 21 at a college in which the minimum legal drinking age is strictly enforced. We find that drinking causes significant reductions in academic performance, particularly for the highest-performing students. This suggests that the negative consequences of alcohol consumption extend beyond the narrow segment of the population at risk of more severe, low-frequency,...
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作者：Epstein, Gil S.; Mealem, Yosef; Nitzan, Shmuel
作者单位：Bar Ilan University; IZA Institute Labor Economics; Netanya Academic College
摘要：Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such contests can be determined by a designer who is driven by political considerations with a specific political culture. The main objective of this study is to analyze the effect of political culture and of valuation asymmetry on discrimination between the contestants. The weights assigned to the public well being and the contestants' efforts represent the political culture while disc...
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作者：Havnes, Tarjei; Mogstad, Magne
作者单位：University of Oslo; Statistics Norway
摘要：The strong correlation between child care and maternal employment rates has led previous research to conclude that affordable and readily available child care is a driving force both of cross-country differences in maternal employment and of its rapid growth over the last decades. We analyze a staged expansion of subsidized child care in Norway. Our precise and robust difference-in-differences estimates reveal that there is little, if any, causal effect of subsidized child care on maternal emp...
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作者：Luelfesmann, Christoph; Myers, Gordon M.
作者单位：Simon Fraser University
摘要：The paper considers a two-tier institution in which government provides public services, but individuals can opt out of public provision (but not taxes). Funding for the public service is chosen endogenously by majority vote, and we first provide necessary and sufficient conditions for a majority vote equilibrium. In line with existing results, the equilibrium tax rate usually falls below the one found in a one-tier system (opting out of public consumption is prohibited) as the-public system l...
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作者：Posch, Olaf
作者单位：Aarhus University
摘要：This paper presents strong empirical evidence that the observed heterogeneity of output volatility across countries and over time is partly endogenous. In particular, based on a closed-form solution we obtain a (long-run) equilibrium relationship between taxes and output volatility in the stochastic neoclassical growth model by showing that asymptotically the variance of output growth rates is affected by the level of taxes, without affecting the mean. We estimate the tax semi-elasticities on ...
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作者：Zudenkova, Galina
作者单位：Universitat Rovira i Virgili; Universitat Rovira i Virgili; Universidad Carlos III de Madrid
摘要：This paper provides a theoretical model for the coattail effect, where a popular candidate for one branch of government attracts votes to candidates from the same political party for other branches of government I assume a political agency framework with moral hazard in order to analyze the coattail effect in simultaneous presidential and congressional elections. I show that coattail voting is the outcome of the optimal reelection scheme adopted by a representative voter to motivate politician...
