Showing 1 - 10 of 77
We propose a new theory of the demographic transition based on the evidence that body development during childhood is an important predictor of adult life expectancy. Fertility, childhood development, longevity, education and income growth all result from individual decisions. Parents face a...
Persistent link: https://www.econbiz.de/10005124210
survey data, we assess six possible explanations for this upsurge in mortality. Most find little support in the data: the … mortality rates. The two factors that do appear to be important are alcohol consumption, especially as it relates to external …
Persistent link: https://www.econbiz.de/10005504626
We examine the relationship between education and mortality in a young population of Italian males. In 1981 several … schooling or lower mortality rates, thus excluding that the main findings reflect direct effects of military service on … subsequent mortality rather than a causal effect of schooling. We conclude that increasing the proportion of high school …
Persistent link: https://www.econbiz.de/10009148878
Traditional analyses of standards in international trade identify standards as government regulations and investigate the potential for distortion of trade flows. In reality, however, private industry groups exercise critical influence on the determination of technical standards. The composition...
Persistent link: https://www.econbiz.de/10005498057
The US Corporate Average Fuel Economy (CAFE) regulation mandates, subject to a civil penalty, producers to achieve a certain fleet average fuel economy on sales of new passenger cars. Analysing the incentive effects of CAFE, we find that it affords differential tax treatment to car models with...
Persistent link: https://www.econbiz.de/10005504591
This paper examines the role of liability for past environmental contamination in the privatization processes of Central and Eastern Europe. The theoretical section establishes a link between a risk-averse investor’s amount of information regarding the extent of past environmental...
Persistent link: https://www.econbiz.de/10005504606
Because standards and regulations respond to a society's demand for specific public goods, we expect them to be shaped by preferences, endowments, technologies - the fundamental determinants of this demand. There is no a priori reason why standards should be equal in different societies. This...
Persistent link: https://www.econbiz.de/10005504612
The objective of this paper is to develop an analytical framework for estimation of the parameters of a structural model of an incentive contract under moral hazard, taking into account agents heterogeneity in preferences. We show that allowing the principal to strategically distribute the...
Persistent link: https://www.econbiz.de/10005656265
Plurilateral agreements in the WTO context allow sub-sets of countries to agree to commitments in specific policy areas that only apply to signatories, and thus allow for ‘variable geometry’ in the WTO. Current WTO rules make it much more difficult to pursue the plurilateral route than to...
Persistent link: https://www.econbiz.de/10011084054
This Paper analyses the welfare effects of price restrictions on private contracting in a world where agents have a limited cognitive ability. People compute the costs and benefits of entering a transaction with an error. The government knows the distribution of true costs and benefits as well...
Persistent link: https://www.econbiz.de/10005662402