Showing 1 - 10 of 69
that these lower returns are due to on-the-job training being more closely related to turnover and more geared toward …
Persistent link: https://www.econbiz.de/10008679886
Road safety policies and automobile insurance contracts often use incentive mechanisms based on traffic violations and accidents to promote safe driving. Can these mechanisms improve road safety efficiently? Do they reduce asymmetric information between drivers and insurers and regulators? In...
Persistent link: https://www.econbiz.de/10010615164
We investigate the design of incentives for public good quality provision in a dynamic regulation setting in which maintenance efforts and quality shocks have durable effects. When the regulator contracts with a sequence of agents, asymmetries of information can lead to over-provision of quality...
Persistent link: https://www.econbiz.de/10005795968
We examine how long-term life insurance contracts can be designed to incorporate uncertain future bequest needs. An individual who buys a life insurance contract early in life is often uncertain about the make up of his or her future family, much less their financial needs. Ideally, the...
Persistent link: https://www.econbiz.de/10005015253
The paper investigates how comparisons of multivariate inequality can be made robust to varying the intensity of focus … on the share of the population that are more relatively deprived. It follows the dominance approach to making inequality … multidimensional inequality “frontier”, we are able to reconcile the literature on multivariate relative poverty and multivariate …
Persistent link: https://www.econbiz.de/10008630017
incomes. This paper assesses the net welfare benefit of mobility by assuming both an aversion to inequality in permanent … inequality of income across individuals. Using panel data, we find that Canada’s tax system limits significantly the … effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that we use. Globally …
Persistent link: https://www.econbiz.de/10010665517
We propose a DSGE model with income heterogeneity to help discriminate across competing explanations of the cross-sectional divergence in debt-to-income ratios in US data. We show that for a DSGE model to be consistent with the data, the divergence in income growth should not be anticipated and...
Persistent link: https://www.econbiz.de/10010752084
incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … and on the inequality of income across individuals. Using panel data, we find that Canada’s tax system limits … income equalizing effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that …
Persistent link: https://www.econbiz.de/10009643549
This paper studies the pro-poor growth in the Latino American Andean countries. We first present different definitions of pro-poorness and the related methods in order to generate the statistically robust results for classes of pro-poor measures. Also, we present the non anonymous pro-poor...
Persistent link: https://www.econbiz.de/10010551394
Mexico and its effect on inequality and on polarization, and this during the period of 2002-2012. What distinguishes this …-tax income inequality. Based on our estimates, we find a significant increase in the progressivity of the fiscal system over time …, despite the high persistent levels of polarization and inequality in the country. Finally, we find that imposing the common …
Persistent link: https://www.econbiz.de/10010786403