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Can Market Failure Cause Political Failure

Aney, Madhav; Ghatak, Maitreesh; Morelli, Massimo - C.E.P.R. Discussion Papers - 2011

We study how inefficiencies of market failure may be further amplified by political choices made by interest groups created in the inefficient market. We take an occupational choice framework, where agents are endowed heterogeneously with wealth and talent. In our model, market failure due to...

Persistent link: https://www.econbiz.de/10009246601

Part-Time Employment Traps and Childcare Policy

Booth, Alison L; Coles, Melvyn G - C.E.P.R. Discussion Papers - 2004

We model educational investment, wages and employment status (full-time, part-time or non-participation) in a frictional world in which heterogeneous workers have different productivities, both at home and in the workplace. We investigate the degree to which there might be under-employment and...

Persistent link: https://www.econbiz.de/10005123718

Country-specific goal-scoring in the "dying-seconds" of international football matches

Ours, Jan C van; Van Tuijl, Martin - C.E.P.R. Discussion Papers - 2010

important international football matches. We examine goal-scoring from 1960 onwards in full 'A' international matches of six …

Persistent link: https://www.econbiz.de/10008468670

Taxation and International Migration of Superstars: Evidence from the European Football Market

Kleven, Henrik; Landais, Camille; Saez, Emmanuel - C.E.P.R. Discussion Papers - 2010

Europe. We construct a panel data set of top earnings tax rates, football player careers, and club performances in the first …This paper analyzes the effects of top earnings tax rates on the international migration of top football players in … tax and institutional changes: (a) the 1995 Bosman ruling which liberalized the European football market, (b) top tax rate …

Persistent link: https://www.econbiz.de/10008784700

Winning by Losing: Incentive Incompatibility in Multiple Qualifiers

Dagaev, Dmitry; Sonin, Konstantin - C.E.P.R. Discussion Papers - 2013

that the existing national rules of awarding places for the UEFA Champions Leagues and the UEFA Europa League, which are …

Persistent link: https://www.econbiz.de/10011083284

Corporate Efficiency in Europe

Hanousek, Jan; Kocenda, Evzen; Shamshur, Anastasiya - C.E.P.R. Discussion Papers - 2015

Europe. We find that (i) larger firms are less efficient than smaller firms, (ii) greater leverage contributes to corporate …

Persistent link: https://www.econbiz.de/10011213309

Income inequality, decentralisation and regional development in Western Europe

Pike, Andy J; Rodriguez-Pose, Andres; Tomaney, John; … - C.E.P.R. Discussion Papers - 2011

Western Europe has an effect on within regional interpersonal inequality. Second, whether this potential relationship is …

Persistent link: https://www.econbiz.de/10009322504

The Causal Effect of Education on Health: What is the Role of Health Behaviors?

Brunello, Giorgio; Fort, Margherita; Schneeweis, Nicole; … - C.E.P.R. Discussion Papers - 2011

We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short-run and long-run mediating effects: while in the former only current or lagged behaviors are taken into account, in the latter we consider the entire history of behaviors. We...

Persistent link: https://www.econbiz.de/10009385763

Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008

Ponticelli, Jacopo; Voth, Hans-Joachim - C.E.P.R. Discussion Papers - 2011

Does fiscal consolidation lead to social unrest? Using cross-country evidence for the period 1919 to 2008, we examine the extent to which societies become unstable after budget cuts. The results show a clear correlation between fiscal retrenchment and instability. We test if the relationship...

Persistent link: https://www.econbiz.de/10009201119

Multinational Banking in Europe: Financial Stability and Regulatory Implications Lessons from the Financial Crisis

Barba Navaretti, Giorgio; Calzolari, Giacomo; Levi, Micol; … - C.E.P.R. Discussion Papers - 2010

distress. With a focus on Europe, it looks at how these banks’ foreign affiliates have been faring during the recent financial …

Persistent link: https://www.econbiz.de/10008468703