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Individual Responsibility and the Funding of Collective Goods
Lévy-Garboua, Louis; Villeval, Marie Claire; … - Institute for the Study of Labor (IZA) - 2007
rationing the supply of the goods. This article compares the efficiency of these institutions. We report the results of a 2x2 … introduce either taxation or rationing. Each treatment is subjected to two conditions: the burden of the deficit is either …-riding. Individualized taxation brings the voluntary contributions closer to the optimum while uniform rationing appears to be the worst …
Persistent link: https://www.econbiz.de/10005762105
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Does the Minimum Wage Cause Inefficient Rationing?
Luttmer, Erzo F.P. - Institute for the Study of Labor (IZA) - 2007
This paper investigates whether the minimum wage leads to inefficient job rationing. By not allowing wages to clear the … rationing by examining whether the reservation wages of employed unskilled workers in states where the 1990-1991 federal minimum …
Persistent link: https://www.econbiz.de/10005703055
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The Rate of Return to the High/Scope Perry Preschool Program
Heckman, James J.; Moon, Seong Hyeok; Pinto, Rodrigo; … - Institute for the Study of Labor (IZA) - 2009
This paper estimates the rate of return to the High/Scope Perry Preschool Program, an early intervention program targeted toward disadvantaged African-American youth. Estimates of the rate of return to the Perry program are widely cited to support the claim of substantial economic benefits from...
Persistent link: https://www.econbiz.de/10008460588
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A New Cost-Benefit and Rate of Return Analysis for the Perry Preschool Program: A Summary
Heckman, James J.; Moon, Seong Hyeok; Pinto, Rodrigo; … - Institute for the Study of Labor (IZA) - 2010
This paper summarizes our recent work on the rate of return and cost-benefit ratio of an influential early childhood program.
Persistent link: https://www.econbiz.de/10008466009
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Using Happiness Surveys to Value Intangibles: The Case of Airport Noise
Praag, Bernard M. S. van; Baarsma, Barbara E. - Institute for the Study of Labor (IZA) - 2004
Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual assumption is that the effect of the externality will be perfectly reflected by house price differentials. This is based on the implicit assumption that there is a...
Persistent link: https://www.econbiz.de/10005762138
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Evaluating an Innovative Redundancy-Retraining Project: The Austrian Steel Foundation
Winter-Ebmer, Rudolf - Institute for the Study of Labor (IZA) - 2001
This paper evaluates an Austrian manpower training program, which is highly innovative in its content and financing - and could therefore serve as a role model for other programs. In the late 1980s privatization and down-sizing of nationalized steel firms have lead to large-scale redundancies. A...
Persistent link: https://www.econbiz.de/10005703519
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Why Some Firms Train Apprentices and Many Others Do Not
Wolter, Stefan C.; Muehlemann, Samuel; Schweri, Juerg - Institute for the Study of Labor (IZA) - 2003
The latest study investigating the cost-benefit ratio of apprenticeship training for Swiss companies has shown that most apprentices offset the cost of their training during their apprenticeship on the basis of the productive contribution of the work they perform. Given this outcome, it is worth...
Persistent link: https://www.econbiz.de/10005822812
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The Life Satisfaction Approach to Environmental Valuation
Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois - Institute for the Study of Labor (IZA) - 2009
In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...
Persistent link: https://www.econbiz.de/10008574588
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Experimental Evidence on the Effects of Early Meetings and Activation
Maibom Pedersen, Jonas; Rosholm, Michael; Svarer, Michael - Institute for the Study of Labor (IZA) - 2012
We analyze the effects of four randomized social experiments, involving early and intensive active labour market policy, conducted in Denmark in 2008. The experiments entailed different combinations of early and intensive treatment in terms of meetings and active labour market programmes. The...
Persistent link: https://www.econbiz.de/10011122190
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Evidence and Persistence of Education Inequality in an Early-Tracking System: The German Case
Krause, Annabelle; Schüller, Simone - Institute for the Study of Labor (IZA) - 2014
This article reviews empirical evidence on the early tracking system in Germany and the educational inequalities …
Persistent link: https://www.econbiz.de/10010990917