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作者：Jacquet, Laurence; Van de Gaer, Dirk
作者单位：Norwegian School of Economics (NHH); Universite Catholique Louvain; Universite Catholique Louvain; Universite Catholique Louvain
摘要：This paper examines optimal redistribution in a model with high- and low-skilled individuals with heterogeneous tastes for labor. We compare the extent to which optimal policies based on different normative criteria obey the principles of compensation (for differential skills) and responsibility (for preferences for labor) when labor supply is along the extensive margin. With heterogeneity in skills and preferences, traditional Welfarist criteria including Utilitarianism present unappealing po...
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作者：Null, C.
作者单位：Emory University
摘要：More than 200 donors participated in a framed field experiment which consisted of a series of decisions about how to divide a gift between a set of similar charities. Most subjects simultaneously gave to multiple charities with similar missions even when the social benefit of gifts to different charities were not equal, as proxied by the matching rates applied to subjects' gifts. Taking each subject's preferences over the set of charities as given, these choices resulted in substantial ineffic...
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作者：Gries, Thomas; Naude, Wim
作者单位：University of Paderborn
摘要：We provide a formal model of entrepreneurship in human development. The framework is provided by the capabilities approach (CA). Hence we extend not only the conceptualisation of entrepreneurship in development, but the reach of the CA into entrepreneurship. From a CA view, entrepreneurship is not only a production factor, or a means to an end, as is often taken to be the case by economists, but also an end in itself. Entrepreneurship can be a human functioning and can contribute towards expan...
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作者：Pudney, Stephen
作者单位：University of Essex
摘要：Implementation of broad approaches to welfare analysis usually entails the use of 'subjective' welfare indicators. We analyse BHPS data on financial wellbeing to determine whether reported current and retrospective perceptions are consistent with each other and with the existence of a common underlying wellbeing concept. We allow for adjustment of perceptions in a vector ARMA model for panel data, with dependent variables observed ordinally and find that current perceptions exhibit slow adjust...
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作者：Brett, Craig; Weymark, John A.
作者单位：Vanderbilt University; Mount Allison University
摘要：The impacts of changing the number of individuals of a particular skill level on the solutions to two versions of the finite population optimal nonlinear income tax problem are investigated. In one version, preferences are quasilinear in leisure. For this version, it is shown that it is possible to sign the directions of,change in everyone's optimal consumptions and optimal marginal tax rates. In the other version, preferences are quasilinear in consumption. For this version, it is shown that ...
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作者：Kopczuk, Wojciech; Pestieau, Pierre
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作者：Wildasin, David E.
作者单位：University of Kentucky
摘要：Interjurisdictional flows of imperfectly-mobile migrants, investment, and other productive resources result in the costly dynamic adjustment of resource stocks. This paper investigates the comparative dynamics of adjustment to changes in local fiscal policy with two imperfectly mobile productive resources. The intertemporal adjustments for both resources depend on complementarity/substitutability in production and the adjustment cost technologies for each, implying that the evaluation of the f...
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作者：Bommier, Antoine; Leroux, Marie-Louise; Lozachmeur, Jean-Marie
作者单位：Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; Swiss Federal Institutes of Technology Domain; ETH Zurich; Universite Catholique Louvain
摘要：This paper studies the problem of redistribution between individuals having different mortality rates. We use a continuous time model in which there are two types of individuals characterized by different survival probability paths. Individual preferences are represented by a generalized life-cycle utility function which can exhibit temporal risk aversion. We successively compare utilitarian allocations when individuals exhibit temporal risk neutrality and temporal risk aversion. This problem ...
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作者：Kumru, Cagri S.; Thanopoulos, Athanasios C.
作者单位：Australian National University; National & Kapodistrian University of Athens
摘要：This paper analyzes a fully funded social security system under the assumption that agents face temptation issues. Agents are required to save through individually managed Personal Security Accounts without, and with mandatory annuitization. When the analysis is restricted to CRRA preferences our results are congruent with the literature in indicating that the complete elimination of social security is among the reform scenarios that maximize welfare. However, when self control preferences are...
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作者：Becker, Johannes; Fuest, Clemens
作者单位：University of Oxford; Max Planck Society
摘要：This paper analyses tax competition and tax coordination in a model where capital flows occur in the form of mergers and acquisitions, rather than greenfield investment. In this framework, we show that differences in residence based taxes do not necessarily distort international ownership patterns. Moreover, tax competition yields globally efficient levels of source based corporate income taxes if residence based taxes on capital income are absent. In contrast, in the presence of residence bas...
