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Never the same after the first time: The satisfaction of the second-generation self-employed
Clark, Andrew E.; Colombier, Nathalie; Masclet, David - HAL - 2008
-employed (those whose parents were not self-employed) are more satisfied overall than are the second-generation self-employed. We … their parents, as well as parental transfers which loosen the self-employment participation constraint. This result is found …
Persistent link: https://www.econbiz.de/10010739085
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Efficiency and Acceptability of Climate Policies: Race Against the Lock-ins
Rozenberg, Julie; Vogt-Schilb, Adrien; Stéphane, Hallegatte - HAL - 2013
income drop. Capital-based policies avoid these obstacles, but can reach a given climate target only if implemented early …
Persistent link: https://www.econbiz.de/10010721440
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The Worst-Case Scenario and Discounting the Very Long Term
Fall, El Hadji - HAL - 2006
We propose an ethical viewpoint based on the possibility of the realization of the worst-case scenario in order to reduce future generations risks in terms of discounting. Applied to the question of conservation of a renewable resource, we show that an economy, where the social planner takes...
Persistent link: https://www.econbiz.de/10010750368
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Double Dividend with Involuntary Unemployment: Efficiency and Intergenerational Equity
Chiroleu-Assouline, Mireille; Fodha, Mouez - HAL - 2005
This paper analyzes the double dividend and distributional issues within an overlapping generations models framework with involuntary unemployment. We characterize the necessary conditions for the obtention of a double dividend when the revenue of the environmental tax is recycled by a variation...
Persistent link: https://www.econbiz.de/10010750747
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A non-dictatorial criterion for optimal growth models
Kama, Alain Ayong Le; Van, Cuong Le; Schubert, Katheline - HAL - 2008
There are two main approaches for defining social welfare relations for an economy with infinite horizon. The first one is to consider the set of intertemporal utility streams generated by a general set of bounded consumptions and define a preference relation between them. This relation is...
Persistent link: https://www.econbiz.de/10010750750
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Risk, inequality and time in the welfare economics of climate change: is the workhorse model underspecified?
Hepburn, Cameron; Hakon Sælen; Atkinson, Giles - Department of Economics, Oxford University - 2008
climate change economics, by surveying the attitudes of over 3000 people to risk, time, and income inequality.  The results …
Persistent link: https://www.econbiz.de/10005047845
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Climate policies deserve a negative discount rate
Fleurbaey, Marc; Zuber, Stéphane - HAL - 2012
We defend a methodology of discounting, for the evaluation of the long-term effects of climate policies, which relies on a social welfare objective, against the view that the market rate of return should be used for that purpose. We also show that in the long run, the discount rate for such...
Persistent link: https://www.econbiz.de/10010821415
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Farm productivity and efficiency in rural Bangladesh: The role of education revisited
Asadullah, M. Niaz; Rahman, Sanzidur - Department of Economics, Oxford University - 2005
This paper reassesses the debate over the role of education in farm production in Bangladesh using a large dataset on rice producing households from 141 villages. Average and stochastic production functions are estimated to ascertain the effect of education on productivity and efficiency. A full...
Persistent link: https://www.econbiz.de/10010605214
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Benefits to elite schools and the formation of expected returns to education: Evidence from Mexico City
Estrada, Ricardo; Gignoux, Jérémie - HAL - 2014
We study the effects of admission into elite public high schools in Mexico City on students' expected earnings, arguing …-based allocation of students into schools and an adapted regression discontinuity design strategy, we find that admission substantially … increases learning achievement, and also the future earnings and returns students expect from a college education, but no effect …
Persistent link: https://www.econbiz.de/10010750995
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Automatic Selection for Non-linear Models
Castle, Jennifer; Hendry, David - Department of Economics, Oxford University - 2010
Our strategy for automatic selection in potentially non-linear processes is: test for non-linearity in the unrestricted linear formulation; if that test rejects, specify a general model using polynomials, to be simplified to a minimal congruent representation; finally select by encompassing...
Persistent link: https://www.econbiz.de/10008497743