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This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...
Persistent link: https://www.econbiz.de/10005765922
A nudge is a non-coercive paternalistic intervention that attempts to improve choices by manipulating the framing of a …
Persistent link: https://www.econbiz.de/10011272627
This paper argues that the “Economics of Crime” concentrates too much on punishment as a policy to fight crime, which is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several feasible alternatives to punishment exist, such as...
Persistent link: https://www.econbiz.de/10005013061
Rewards to prevent supervisors from accepting bribes create incentives for extortion. This raises the question whether a supervisor who can engage in bribery and extortion can still be useful in providing incentives. By highlighting the role of team work in forging information, we present a...
Persistent link: https://www.econbiz.de/10005765652
margin. The skill distribution is continuous, and, for each skill level, the distribution of migration cost is also … migration is decreasing in the skill level. When the semi-elasticity of migration is increasing in the skill level, either … negative. Numerical simulations are calibrated using plausible values of the semi-elasticity of migration for top income …
Persistent link: https://www.econbiz.de/10010877657
indicate that income taxes are a significant pull factor for international migration decisions. The same is true with respect … to intra-national migration. However, dominance analysis suggests that the relative impact of taxes compared to other …
Persistent link: https://www.econbiz.de/10010877741
We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard. Mitigating financial frictions reduces the incentive of high-skilled workers to migrate to one region such that an unequal distribution of industrial activity becomes less...
Persistent link: https://www.econbiz.de/10010877832
distance-related migration costs cannot explain the lower distance sensitivity of educated and risk-loving individuals. …
Persistent link: https://www.econbiz.de/10010877921
paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the …
Persistent link: https://www.econbiz.de/10010877955
liberalisation of access to EU labour markets change migration patterns? (by Michael Landesmann, Isilda Mara and Hermine Vidovic … restrictions for Romanian and Bulgarian migrants, and potential migration to Austria (by Isilda Mara) Migrants in Italy, the United …
Persistent link: https://www.econbiz.de/10010942093