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Restrictive Immigration Policy in Germany: Pains and Gains Foregone?

Felbermayr, Gabriel J.; Geis, Wido; Kohler, Wilhelm - CESifo - 2008

employment effects. We quantify these effects for Germany. Following Borjas (2003), we estimate a structural model of labor …

Persistent link: https://www.econbiz.de/10005765780

Applications and Interviews - A Structural Analysis of Two-Sided Simultaneous Search

Wolthoff, Ronald P. - CESifo - 2011

A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers … equilibrium search model of the labor market with an endogenous number of contacts between workers and firms. Workers contact … approximately half of the 4.7% loss. There is a potential role for activating labor market policies, because I show that for the …

Persistent link: https://www.econbiz.de/10008833885

Behavioral Political Economy: A Survey

Schnellenbach, Jan; Schubert, Christian - CESifo - 2014

the market: That’s what Political Economy, understood as the application of economics to the study of political processes …-interested, unlike the benevolent despot of earlier models. History repeats itself with the rise of behavioral economics: Assuming … in a “benevolent” way. Recently, however, political economists have started to apply behavioral economics insights to the …

Persistent link: https://www.econbiz.de/10010948848

Towards Behavioral Political Economy of Institutional Change: With Field Facts from China

Zhang, Yongjing; Wang, Mei - CESifo - 2014

This study proposes an analytical framework towards behavioral political economy of institutional change. It considers institutional changes as central government’s choices under uncertainty, which are largely driven by the strategic outcomes in a behavioral coordination game between local...

Persistent link: https://www.econbiz.de/10010948883

Gambling to Leapfrog in Status?

Friehe, Tim; Mechtel, Mario - CESifo - 2013

This paper shows that households with positional concerns and convex status utility use gambling to attempt leapfrogging in the social hierarchy. We test this theoretical prediction relying on household data that is representative for Germany, proxying the status orientation of households by...

Persistent link: https://www.econbiz.de/10010634081

Taxing Sin Goods and Subsidizing Health Care

Cremer, Helmuth; Donder, Philippe De; Maldonado, Darío; … - CESifo - 2008

period health care decision: either individuals acknowledge that they have made a mistake in the first period out of myopia …

Persistent link: https://www.econbiz.de/10005765813

Pawns and Queens Revisited: Public Provision of Private Goods when Individuals make Mistakes

Pirttilä, Jukka; Tenhunen, Sanna - CESifo - 2005

This paper analyses the optimal tax policy and public provision of private goods when individuals differ in two respects: income-earning ability and rationality. Publicly provided goods should be overprovided or subsidised, relative to the decentralised optimum, if society’s marginal valuation...

Persistent link: https://www.econbiz.de/10005765898

Optimal Redistributive Taxation when Government’s and Agents’ Preferences Differ

Blomquist, Sören; Micheletto, Luca - CESifo - 2005

Paternalism, merit goods and specific egalitarianism are concepts we sometimes meet in the literature. The thing in common is that the policy maker does not fully respect the consumer sovereignty principle and designs policies according to some other criterion than individuals’ preferences....

Persistent link: https://www.econbiz.de/10005765899

Behavioral and Experimental Economics Can Inform Public Policy: Some Thoughts

Riedl, Arno - CESifo - 2009

Experimental and behavioral economics are well established branches in the economic science. This essay presents and … a brief introduction of what experimental and behavioral economics is, some behavioural regularities as presentation and …

Persistent link: https://www.econbiz.de/10008533977

Theories of Fairness and Reciprocity – Evidence and Economic Applications

Fehr, Ernst; Schmidt, Klaus - CESifo - 2000

Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...

Persistent link: https://www.econbiz.de/10005094414