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作者:Esteban, Joan; Ray, Debraj
作者单位:Barcelona School of Economics; Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Institut d'Analisi Economica (IAE); New York University
摘要:We present a model of conflict in which discriminatory government policy or social intolerance is responsive to various forms of ethnic activism, including violence. It is this perceived responsiveness-captured by the probability that the government gives in and accepts a proposed change in ethnic policy-that induces individuals to mobilize, often violently, to support their cause. Yet, mobilization is costly and militants have to be compensated accordingly. The model allows for both financial...
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作者:Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe; Schupp, Juergen; Wagner, Gert G.
作者单位:Maastricht University; University of Bonn; Swarthmore College; University of St Gallen; Leibniz Association; DIW Berlin - Deutsches Institut fur Wirtschaftsforschung; Free University of Berlin; Max Planck Society
摘要:This paper studies risk attitudes using a large representative survey and a complementary experiment conducted with a representative subject pool in subjects' homes. Using a question asking people about their willingness to take risks in general, we find that gender, age, height, and parental background have an economically significant impact on willingness to take risks. The experiment confirms the behavioral validity of this measure, using paid lottery choices. Turning to other questions abo...
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作者:Gali, Jordi
作者单位:Centre de Recerca en Economia Internacional (CREI); Pompeu Fabra University; Barcelona School of Economics
摘要:The standard New Keynesian model with staggered wage setting is shown to imply a simple dynamic relation between wage inflation and unemployment. Under some assumptions, that relation takes a form similar to that found in empirical wage equations-starting from Phillips' (1958) original work-and may thus be viewed as providing some theoretical foundations to the latter. The structural wage equation derived here is shown to account reasonably well for the comovement of wage inflation and the une...
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作者:Besley, Timothy; Persson, Torsten
作者单位:University of London; London School Economics & Political Science; Stockholm University
摘要:It is widely recognized that fragile states are key symptoms of under-development in many parts of the world. Such states are incapable of delivering basic services to their citizens and political violence is commonplace. As of yet, mainstream development economics has not dealt in any systematic way with such concerns and the implications for development assistance. This paper puts forward a framework for analyzing fragile states and applies it to a variety development policies in different t...