Showing 1 - 10 of 58
The importance of infrastructure for growth is well established in the macroeconomic literature. Previous research has treated public investment in infrastructure as exogenous. We remedy this shortcoming by providing a political economy analysis of infrastructure choice based upon consumer...
Persistent link: https://www.econbiz.de/10005702622
Spatial models of voting behaviour are the dominant paradigm in political science. Consistent with this approach, it … question is how we measure nearness or distance. We investigate this issue by estimating discrete choice models for voting … almost as good a predictor of their voting outcome as how close they are to the parties …
Persistent link: https://www.econbiz.de/10005342137
This paper studies the bargaining game between the president and the congress when these two players have conflicting claims to a fixed amount of resources. I distinguish between situations of "pure divided government", that is when the congress is united "against" the president, and the...
Persistent link: https://www.econbiz.de/10005342324
place in poor and rich countries alike, arising from productivity heterogeneity and redistribution (although it could also …
Persistent link: https://www.econbiz.de/10005086426
In this paper, we show that when the government is able to transfer wealth between generations, regressive policies are no longer optimal. The optimal educational policy can be decentralized through appropriate Pigouvian taxes and credit provision, is not regressive, and provides equality of...
Persistent link: https://www.econbiz.de/10005063731
place in poor and rich countries alike, arising from productivity heterogeneity and redistribution (although it could also …
Persistent link: https://www.econbiz.de/10005328881
This paper presents results for four separately estimated sets of discrete choice labour supply models using the Household Economic Surveys from 1991/92 up to 2000/01. The New Zealand working-age population is divided into sole parents, single men, single women, and couples. The labour supply...
Persistent link: https://www.econbiz.de/10005063622
This paper investigates the ease with which recent immigrants to Australia from different countries and with different visa categories enter employment at an appropriate level to their prior education and experience in the source country. Unlike most of the earlier research in this field that...
Persistent link: https://www.econbiz.de/10005063650
In this paper we investigate if there was a causal effect of changes in current and 'permanent' income on the health of East Germans in the years following reunification. Reunification was completely unanticipated and therefore can be seen as a providing some exogenous variation, which resulted...
Persistent link: https://www.econbiz.de/10005063665
We investigate the effect of publicly released announcements upon trade frequency using high frequency banking stocks from the Australian Stock Exchange and the Autoregressive Conditional Hazard (ACH) model of Hamilton and Jorda (2000). Unlike the ACD model, which models the timing of events,...
Persistent link: https://www.econbiz.de/10005702561