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The Paper examines the time sequencing of UI benefits in a general equilibrium framework, with random matching and endogenously determined wages. A key feature of the model is that policymakers exploit random matching to produce some assortative matching through UI policy. The Paper considers a...
Persistent link: https://www.econbiz.de/10005123852
Employing the canonical political agency model, this Paper studies the incentives of the government to provide high-quality services by reducing corruption. Acting as a principal in a moral hazard framework, the public disciplines the incumbent by replacing him if the generated output is...
Persistent link: https://www.econbiz.de/10005504531
In this paper we extend the Becker-Keeley and Bergstrom-Bagnoli theories of the optimal age at marriage and derive systematic cross-cultural differences in the marriage pattern. We then examine the empirical relevance of the hypotheses for Jewish and Moslem population groups in Israel. The...
Persistent link: https://www.econbiz.de/10005667139