Showing 1 - 10 of 24
-employed (those whose parents were not self-employed) are more satisfied overall than are the second-generation self-employed. We … their parents, as well as parental transfers which loosen the self-employment participation constraint. This result is found …
Persistent link: https://www.econbiz.de/10010739085
income drop. Capital-based policies avoid these obstacles, but can reach a given climate target only if implemented early …
Persistent link: https://www.econbiz.de/10010721440
We propose an ethical viewpoint based on the possibility of the realization of the worst-case scenario in order to reduce future generations risks in terms of discounting. Applied to the question of conservation of a renewable resource, we show that an economy, where the social planner takes...
Persistent link: https://www.econbiz.de/10010750368
This paper analyzes the double dividend and distributional issues within an overlapping generations models framework with involuntary unemployment. We characterize the necessary conditions for the obtention of a double dividend when the revenue of the environmental tax is recycled by a variation...
Persistent link: https://www.econbiz.de/10010750747
There are two main approaches for defining social welfare relations for an economy with infinite horizon. The first one is to consider the set of intertemporal utility streams generated by a general set of bounded consumptions and define a preference relation between them. This relation is...
Persistent link: https://www.econbiz.de/10010750750
We defend a methodology of discounting, for the evaluation of the long-term effects of climate policies, which relies on a social welfare objective, against the view that the market rate of return should be used for that purpose. We also show that in the long run, the discount rate for such...
Persistent link: https://www.econbiz.de/10010821415
We study the effects of admission into elite public high schools in Mexico City on students' expected earnings, arguing …-based allocation of students into schools and an adapted regression discontinuity design strategy, we find that admission substantially … increases learning achievement, and also the future earnings and returns students expect from a college education, but no effect …
Persistent link: https://www.econbiz.de/10010750995
This paper makes a thorough analysis of the returns to tertiary education and education-occupation matches within a transition economy and compares these returns to similar returns in a developed economy. This study shows through the example of the Russian Federation that the increase in the...
Persistent link: https://www.econbiz.de/10010603626
plausible conditions offer alternative explanations of households' location by income within a city. These include the existence …
Persistent link: https://www.econbiz.de/10010633192
There is now a great deal of micro-econometric evidence, both cross-section and panel, showing that income is … measures of utility, and resolve the Easterlin paradox by appealing to income comparisons: these can be to others (social …
Persistent link: https://www.econbiz.de/10010738736