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a gender gap in happiness in which women in the 1970s typically reported higher subjective well-being than did men …By many objective measures the lives of women in the United States have improved over the past 35 years, yet we show … that measures of subjective well-being indicate that women’s happiness has declined both absolutely and relative to men …
Persistent link: https://www.econbiz.de/10005036241
in yields following the OMT announcement, the high current degree of fragmentation poses difficult challenges for policy …-makers, since it leads to an unequal transmission of the ECB’s monetary policy to the various countries. …
Persistent link: https://www.econbiz.de/10011276387
unemployed is particularly costly, this policy provides insurance equivalent to that provided by the current system. By reducing …
Persistent link: https://www.econbiz.de/10005662357
This Paper provides a first applied game theory analysis of a technology-based climate protocol by assessing: (i) the self-enforcement (namely, the absence of incentives to free ride) of the coalition that would form when countries negotiate on climate-related technological cooperation; (ii) the...
Persistent link: https://www.econbiz.de/10005791506
macroeconomic questions such as business cycles, growth, and policy. Particular attention is given to the ability of the model to …
Persistent link: https://www.econbiz.de/10005792066
Using a panel of 21 OECD countries and 40 years of annual data, we find that countries with similar government budget positions tend to have business cycles that fluctuate more closely. That is, fiscal convergence (in the form of persistently similar ratios of government surplus/deficit to GDP)...
Persistent link: https://www.econbiz.de/10005792350
How many cartels are there? The answer is important in assessing the efficiency of competition policy. We present a … industry or not. Our model identifies key policy parameters from data generated under different competition policy regimes and …
Persistent link: https://www.econbiz.de/10008468608
Many international treaties come into force only after a minimum number of countries have signed and ratified the treaty. Why do countries agree to introduce a minimum participation constraint among the rules characterizing an international treaty? This question is particularly relevant in the...
Persistent link: https://www.econbiz.de/10005123732
The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties has important implications for both the effectiveness and the efficiency of future climate policies. Among these implications, those related with technical change and...
Persistent link: https://www.econbiz.de/10005124246
free-riding incentives is a policy mix in which global emission trading is coupled with a transfer mechanism designed to …
Persistent link: https://www.econbiz.de/10005136584