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Optimal Student Loans and Graduate Tax under Moral Hazard and Adverse Selection
Gary-Bobo, Robert J.; Trannoy, Alain - CESifo - 2013
We completely characterize the set of second-best optimal “menus”of student-loan contracts in a simple economy with risky labour-market outcomes, adverse selection, moral hazard and risk aversion. The model combines structured student loans and an elementary optimal income-tax problem à la...
Persistent link: https://www.econbiz.de/10010668475
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Social Preferences and Portfolio Choice
Riedl, Arno; Smeets, Paul - CESifo - 2013
and link them to behavior in a controlled experiment and to survey responses. We show that social preferences rather than …
Persistent link: https://www.econbiz.de/10010734704
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Intentions Undercover - Hiding Intentions is Considered Unfair
Friehe, Tim; Utikal, Verena - CESifo - 2015
Unfair intentions provoke negative reciprocity from others, making their concealment potentially beneficial. This paper explores whether people hide their unfair intentions from others and how hiding intentions is itself perceived in fairness terms. Our experimental data show a high frequency of...
Persistent link: https://www.econbiz.de/10011185621
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Finding the Cost of Control
Kessler, Judd; Leider, Stephen G. - CESifo - 2013
agents to withhold effort. We investigate when this behavioral result arises. In an extensive laboratory experiment, we find …
Persistent link: https://www.econbiz.de/10010636595
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Preferences for Redistribution and Pensions. What can we Learn from Experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - CESifo - 2010
Redistribution is an inevitable feature of collective pension schemes. Nevertheless, it is still an open question what people’s preferences are regarding this form of redistribution. This paper reviews experimental evidence on preferences regarding redistribution and asks what this evidence...
Persistent link: https://www.econbiz.de/10008498990
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Experimental Evidence on the Effects of Home Computers on Academic Achievement among Schoolchildren
Fairlie, Robert W.; Robinson, Jonathan - CESifo - 2013
conducting the largest-ever field experiment involving the random provision of free computers for home use to students. 1 …,123 schoolchildren grades 6-10 in 15 California schools participated in the experiment. Although the program significantly increased … “intermediate” inputs in education for treatment students. …
Persistent link: https://www.econbiz.de/10010627567
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Access to Technology and the Transfer Function of Community Colleges: Evidence from a Field Experiment
Fairlie, Robert W.; Grunberg, Samantha H. - CESifo - 2014
first-ever field experiment randomly providing free computers to students, we examine the relationships between access to … experiment indicate that the treatment group of students receiving free computers has a 4.5 percentage point higher probability … colleges for low-income community college students. This paper explores the role that access to information technology, in …
Persistent link: https://www.econbiz.de/10010888455
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Public Child Care and Mothers' Labor Supply - Evidence from Two Quasi-Experiments
Bauernschuster, Stefan; Schlotter, Martin - CESifo - 2013
Public child care is expected to assist families in reconciling work with family life. Yet, empirical evidence for the relevance of public child care to maternal employment is inconclusive. We exploit the introduction of a legal claim to a place in kindergarten in Germany, which was contingent...
Persistent link: https://www.econbiz.de/10010638847
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Social Planning and Economic Coercion
Hintermann, Beat; Rutherford, Thomas F. - CESifo - 2014
We develop a theory of social planning with a concern for economic coercion, which we define as the difference between consumers’ actual utility, and the “counterfactual” utility they expect to obtain if they were able to set policy themselves. Reasons to limit economic coercion include...
Persistent link: https://www.econbiz.de/10010948852
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Downtown Curbside Parking Capacity
Arnott, Richard J.; Inci, Eren; Rowse, John - CESifo - 2013
In downtown areas, what proportion of curbside should be allocated to parking? In contrast to most previous work on the economics of parking, this paper focuses on optimal curbside parking capacity in both first-best (where pricing is efficient) and second-best (where pricing is inefficient)...
Persistent link: https://www.econbiz.de/10010877872